Investors in Alser Forest bonds allege they were intentionally defrauded by the majority shareholder

Catalin Chiciu, investor: Albert Serban used the money obtained from the bonds for the development of the business, and then moved the activity of Alser Forest to other newly established companies * According to the listing memorandum, the bonds would have been secured by a promissory note endorsed by Alser Forest and s majority shareholder * From my information, that promissory note was not endorsed by Albert Serban, the majority shareholder of Alser Forest SA, says the investor. continuă pe Ziarul Bursa