Entities not authorised to accept deposits or other repayable funds, nor to conduct any other financial activity in Portuguese territory
1. Banco de Portugal has become aware of the activity conducted by the entities BETEXP CORP – SUCURSAL EM PORTUGAL, GOODSENSE INVESTMENTS LTD. (often operating under the name EMPORIO CAPITAL) and EURO-CHAMPIONS FUND LTD., associated to JORGE ANTERO SILVA DE QUEIROZ, presenting themselves to the public as financial services providers, promising high returns.
2. In this regard, Banco de Portugal provides the following clarification and warning:
a) In Portugal, deposits and other repayable funds may only be accepted by entities authorised for the purpose, in accordance with the provisions laid down in Article 10 (1) of Regime Geral das Instituições de Crédito e Sociedades Financeiras (Legal Framework of Credit Institutions and Financial Companies), approved by Decree-Law No 298/92 of 31 December 1991;
b) BETEXP CORP – SUCURSAL EM PORTUGAL, GOODSENSE INVESTMENTS LTD. (often operating under the name EMPORIO CAPITAL) and EURO-CHAMPIONS FUND LTD. are not authorised – in Portuguese territory – to accept deposits and other repayable funds, nor to carry on any other financial activity that is only authorised to institutions subject to the supervision of Banco de Portugal.
Lisbon, 7 February 2013