Crown Forex: finished, caput, done...

Just like it was indicated, Crown Forex is finished.

In the following statement sent to Crown Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term's clients, FINMA announces the final liquidation of the Swiss broker and asks clients for their balance statements and any claims they might have towards Crown.

All this despite Crown's claims for innocence.

Dear clients,

The Swiss Financial Market Supervisory Authority (FINMA) has rendered on May 18, 2009 a decision opening the bankruptcy of CROWN FOREX SA as of Tuesday May 19, 2009 at 08:00 am (Swiss time).

The decision will be published on May 29, 2009 at 10:00 am (Swiss time).

Philippe von BREDOW and Laurent WINKELMANN have been appointed as bankruptcy liquidators by the FINMA.

Effective immediately, as of the date and time of the bankruptcy opening, the activities of CROWN FOREX SA are suspended, the company, its Directors and officers are forbidden to make or receive Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, and all the clients’ open positions are closed.

We thank you to communicate to the liquidators, until June 30, 2009, in writing the following :

1. Account Number and relevant details;

2. Open positions as of Tuesday 19 May 2009 at 08:00 (Swiss time), together with supporting documents thereof;

3. Any additional claim you may have toward CROWN FOREX SA;

4. Any debt you may have toward CROWN FOREX SA.

Sincerely

Philippe von BREDOW - Laurent WINKELMANN

NOTTER MEGEVAND & PARTNERS

Place Edouard-Claparède 3

1205 Genève

SWITZERLAND

p.vonbredow@nomea.ch

l.winkelmann@nomea.ch

Chers clients,

L’Autorité fédérale de surveillance des marchés financiers (FINMA) a rendu en date du 18 mai 2009 une décision ouvrant la faillite de CROWN FOREX SA le 19 mai 2009 à 8 heures (Heure Suisse). La décision sera publiée le 29 mai 2009 à 10 heures (Heure Suisse).

Dans la même décision, Messieurs Philippe von BREDOW et Laurent WINKELMANN ont été nommés liquidateurs de la faillite.

Avec effet immédiat, à la date et à l’heure de l'ouverture de la faillite, les activités de CROWN FOREX SA sont suspendues. La société, ainsi que ses organes ont l’interdiction de faire et de recevoir des paiements. Toutes les positions ouvertes des clients sont liquidées.

Nous vous remercions de communiquer aux liquidateurs par écrit d'ici au 30 juin 2009 les informations suivantes:

1. Numéro de compte et coordonnées;

2. Positions ouvertes à mardi 19 Mai 2009 à 08:00 (Heure Suisse), avec les documents justificatifs;

3. Toutes autres créances que vous pourriez avoir contre CROWN FOREX SA;

4. Toutes dettes que vous pourriez avoir envers CROWN FOREX SA.

Cordialement,

Philippe von BREDOW - Laurent WINKELMANN

NOTTER MEGEVAND & PARTNERS

Place Edouard-Claparède 3

1205 Genève

SWITZERLAND

p.vonbredow@nomea.ch

l.winkelmann@nomea.ch