Panama regulators warn against unlicensed ‘Tulip Fund’

By David Marchant

16 years ago

Topics

Fraud Investment Panama

Keywords

Magali de McClean Maximiliano Hidalgo Okke Ornstein Tulip Fund Tulip Universal Project SA

Yanitza González Yanitza McClean

[ 2 more... ] [ top 5 ]

The Panamanian Securities Commission has issued an alert against an unlicensed mutual fund with links to The Harris Organization financial services group.In an advisory dated October 25, 2002, La Comisión Nacional de Valores warned that Tulip Universal Project S. A., d.b.a. the Tulip Fund, has no license in Panama to market securities.

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