Appeal for information about European Mediation Limited scammers by City of London Police

The City of London Police are appealing for anyone who has been the victim of European Mediation Limited, wound up on 5 May on the grounds that it served to operate against public interest, to contact Detective Constable Parkinson on 0207 6016984.

European Mediation Ltd claimed to provide a service to victims of boiler room fraud, which involves the sale of worthless shares to investors.

Detective Inspector Alan Kalbfell said: "Boiler room related fraud is becoming increasingly common and the City of London Police are investigating more and more cases.

It is important for anyone who feels they have been a victim of European Mediation Ltd to contact us. Their information could help with our investigation and we could be able to provide them with advice and assistance."

A 66 year-old man from Rochdale was arrested by Greater Manchester Police on April 21 on suspicion of fraud by false representation and money laundering.

Last month, four men were sentenced to prison at Southwark Crown Court for their role in a boiler room fraud scam that conned 500 investors out of over £2.4 million.

The City of London Police advise that people considering investing in a company should look at the Financial Services Authority guidelines for investors and take independent advice.

Anyone who has been a victim of this type of fraud should read the City of London Police's guidelines, which also contain information on how to report boiler room fraud.