Orion Holdings Capital Management and OH Capital

ENTITY NAME: Orion Holdings Capital Management, and OH Capital;
ADDRESS: Royal Bank Plaza, 200 Bay Street, Toronto, ON M5J 2T2, Ontario Canada
WEBSITE: www.ohcmgmt.com; https://ohcapital.com/
PHONE:+164 755 65 774; +164 755 64 730
EMAIL: [email protected]; [email protected]

REASON FOR WARNING:

The FMA recommends exercising caution before dealing with Orion Holdings Capital Management (OHCM), OH Capital and their websites www.ohcmgmt.com, and https://ohcapital.com/. The business address in Ontario which OHCM and OH Captial purports to be operating from is false. OHCM is not registered to perform business in Canada in any capacity.

We are aware that New Zealand residents have received unsolicited calls from OHCM offering various financial products. They have been asked to transfer their invested funds into bank accounts in the names of third parties.

We believe OHCM and OH Capital are in the same business group who have the hallmarks of a scam. They are likely to be associated with Worcester International, an entity which has been included in the “Alert List” of the Securities and Futures Commission of Hong Kong.

Details of bank accounts used by OHCM and Worcester International:

• Beneficiary account name: Hydra Global Holdings Pte Ltd
  Account Number: 348-902-525-4
  Beneficiary Address: 1 Raffles Place, 44-01A, Tower One, Singapore, 048616
  Bank: United Overseas Bank Limited
  Bank Address: 80 Raffles Place, 01-00, UOB Plazza1, Singapore 048624 

• Beneficiary account name: Hydra Global Holdings Pte Ltd
  Account Number: 0100915965
  Beneficiary Address: 1 Raffles Place, 44-01A, Tower One, Singapore, 048616
  Bank: Standard Chartered Bank
  Bank Address: Marina Bay Financial Centre Tower, 127-018 Marina Boulevard, Singapore

• Beneficiary account name: Bangara Global Services Pte Ltd
  Account Number: 503275133301
  Beneficiary Address: 20 Maxwell Road, 060-03 Maxwell House, Singapore 069133
  Bank: Oversea-Chinese Banking Corporation Limited
  Bank Address: OCBC Centre, Floor 1063, Chulia Street, Singapore