Austria’s Financial Market Authority has issued a public investor warning pertaining to Wantage One.
Wantage One, a Ponzi scheme in its own right, is a spinoff of Antony Norman’s Wellmont Capital linked scams.
The Financial Market Authority (FMA) is is Austria’s top financial regulator.
As per the FMA’s November 13th warning, Wantage One
is not entitled to perform banking transactions requiring a license in Austria.
Therefore, the provider (Wantage One) is not permitted to accept third-party funds for administration or as a deposit.
Although worded differently, the FMA’s warning is a securities fraud cease and desist equivalent.
Neither Wantage One or any of Antony Norman’s other companies are registered to offer securities anywhere in the world.
Update 30th November 2019 – Wantage One claims it has filed an appeal against the FMA’s securities fraud notice.