Watchdog slams property investor for misleading investors

Real estate investment fund manager Koncenton has misled investors by leading them to expect returns of 17-18%, the Danish FSA has concluded, issuing three injunctions. Koncenton claims the marketing material is correct. (Updated)
Peter Jørgensen, CEO, Koncenton | Photo: PR
Peter Jørgensen, CEO, Koncenton | Photo: PR
by frederik therkildsen, translated by catherine brett

Do you have DKK 750,000 (EUR 100,000)? In ten years, that could be transformed into DKK 10m (EUR 1.3m).

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