Inspection Reason

The surveyor has received calls from investors asking for more disclosure of traders whose real office address was not in accordance with the address that regulation agency released. Given the feedback from the investors,the investigation team planned to visit Purple Trading Cyprus on spot.

Surroundings

The investigation staff came to Louki Akrita Street, and found a shabby road sign on the wall.

Office

According to the regulatory information, the Cyprus licensed company of Purple Trading should be located ont Louki Akrita 11 Germasogeia, Limassol 4044. The investigation team paid a field visit to the office.

According to the regulatory information, the investigation team found the multi-storey office building with the doorplate number 14 on Louki Akrita Street, and learned from the staff of the office building that the doorplate number of the office building should be 11, but not 14. The staff said that they had not heard of Purple Trading. In order to ensure the accuracy of the investigation result, the investigation team also asked the receptionist of the building. The receptionist also said that there is no Purple Trading office in this office building.

Conclusion

The field investigation by the investigation staff confirmed that the actual address of Purple Trading does not really exist.