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Sector-Fusion - Finanstilsynet warns against a fraudulent website and misuse of the "Letter of Compliance" issued by Finanstilsynet.

Sector-Fusion - Finanstilsynet warns against a fraudulent website and misuse of the "Letter of Compliance" issued by Finanstilsynet.

Last published: 24 April 2025

Finanstilsynet has received information about a fraudulent website, https://sector-fusion.com, which markets and offers investment services. This website uses unauthorized references to Sector Capital AS’s licenses from Finanstilsynet as well as the organization number of Sector Asset Management AS. Sector-Fusion is not affiliated with Sector Capital AS, Sector Asset Management AS, or the Sector Asset Management group.

There have also been reports of misuse of a "Letter of Compliance" issued by Finanstilsynet. The letter refers to Sector Capital AS and its licenses. The letter is a forgery and not a confirmation that Sector-Fusion.com has approvals from Finanstilsynet.

Finanstilsynet points out that https://sector-fusion.com does not have approval to provide investment services in Norway, and the business is not authorized under Norwegian law. This means that Finanstilsynet does not supervise the company or approve the services offered by the website. Finanstilsynet therefore warns investors not to enter into agreements, transfer funds to, or use https://sector-fusion.com

Finanstilsynets register contains information about all companies that are licensed to offer investment services in Norway. On Finanstilsynet's website, there is also a list (not exhaustive) of market participants operating without a license.  

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