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Wealthy people must face giant losses on Endless Jewelry

November 24, 2016

Well-to-do people must face giant losses on Endless, Danish daily Børsen reported on Wednesday
A row of international and Danish investors have suffered financial losses because of bankrupt Endless Jewelry, Danish daily Børsen reported on Wednesday.
The newspaper mentions several named investors but also Swanepoel Limited, that was the owner of 14,3 percent of the company. This owner is unknown and doesn’t figure in public registers, as the company is registered in information haven Cyprus, Børsen writes.
The paper also reports having talked to ‘an unnamed foreign investor’. The daily does not explain whether the identity of this person is known or unknown to the reporters? Neither is it explained if the unnamed investor is associated with Swanepoel Limited?
Endless Jewelry was established in 2013 by Jesper Nielsen, known as ‘Kasi Jesper’.
The company is registered in Germany, but did not submit an account of 2015. In the summer of 2015 Paul Moonga became manager. Later on he was subsitituted by Ulrik Rash.

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