MFSA-regulated Michael Grech Financial Investment Services ordered to pay €43,000 in damages!
The MFSA-regulated Michael Grech Financial Investment Services Limited (www.michaelgrechfinancial.com) has its offices on the beautiful island of Gozo. The Maltese Arbiter ordered the company to pay €43,000 in damages to former clients who lost a substantial part of their investments. Michael Grech is the company's main shareholder and director. The Arbiter found that the regulated investment firm failed to adhere to the laws when selling these products to the clients.