The Authority has issued a Public Notice with regards to D.B.R.
Investments Limited. This company, having registration number
C-27129 and operating from 'Deber', Nigret Road, Zurrieq,
and which holds a Category 2 investment services licence issued by
the MFSA.
As part of its supervisory functions, the Authority carried out
a number of inspections at the offices of DBR. The Authority has
been monitoring the company closely with respect to its investment
services business since October 2014.
Following the passing away of the managing Director and majority
shareholder of DBR, the Company subsequently started to wind down
its investment services business. It also came to the attention of
the Authority that the late Mr John Farrugia might have carried out
unauthorised financial services activities in his personal
capacity. In this regard, a report was made to the Police.
Investigations are underway to establish the extent to which DBR
may be involved in these
