Media

Press Releases

PRESS RELEASE

Media Relations Dept.
Police Headquarters
P.O. Box HM 530
Tel: (441) 299-4249/4291/4321
Fax: (441) 299-4322
E-mail: Police Media Relations

Date:Thursday, February 23,2006
Distribution: All Media

Investment Scam

The Bermuda Police Service Fraud Unit is aware of a new investment scam that is currently in circulation around the island. The letter, which appears to be from a European country, encourages the recipient to invest in teak plantations through the 'Prime Forestry Group' of Switzerland.

Previously, both the Financial Services Authority of the U. K. and Australia issued media releases urging people not to invest in this unauthorized financial business. It appears that the business is now targeting Bermuda, as the Fraud Unit recently began receiving letters from concerned members of the public.

For more information, contact the Fraud Unit on 295-0011.

All incidents are under investigation. Police are appealing to members of the public who have witnessed these incidents or may have information pertaining to them to contact their respective Police Station, Police Headquarters at 295-0011 or the confidential Crimestoppers Hotline on 1 (800) 623-8477.

Public & Media Relations Department