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

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

This was the message that real estate investor spread on social media and through other channels to potential investors -- one that clearly paints an attractive picture.

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