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Entities that are not authorised to accept deposits or other repayable funds – “World Capital Group”, “World Invest Group”, “Weltfinanz24” and “European Flow, Unipessoal, Lda.”

1.Banco de Portugal warns that the activity developed under the commercial names of “World Capital Group”, “World Invest Group” and “Weltfinanz24”, namely through the websites www.wcg24.com, https://www.wigroup24.com/ e https://weltfinanz24.com/, is not pursued by any entity authorised to carry out in Portugal any financial activity subject to the supervision of Banco de Portugal, in particular the activity of accepting deposits or other repayable funds

2.Furthermore, the entity European Flow, Unipessoal, Lda. (formerly know as, Flamingo Advantage, Unipessoal, Lda.), with the tax number NIPC 515691232, owned by Manuel Soutullo Rial, with the tax number NIF 301243875, is also not authorised to carry out in Portugal any financial activity subject to the supervision of Banco de Portugal, in particular the activity of accepting deposits or other repayable funds.

3.In Portugal, deposits and other repayable funds, as provided for in Article 4 (1) (a) of the Legal Framework of Credit Institutions and Financial Companies (approved by Decree-Law No 298/92 of 31 December 1992), may only be accepted by the entities authorised for the purpose in accordance with the provisions laid down in Article 10 of the above-mentioned Legal Framework, whose list is available for consultation on Banco de Portugal’s website.