| Name: | Spencer Associates Limited | 
| Type: | Unlicensed entities | 
| Address(es): | 25/F, Wyndham Place, 40-44 Wyndham Street, Central, Hong Kong | 
| Website: | www.spencerassociatesltd.com | 
| Remarks: | The company gives the above Hong Kong address but it is not located there. It uses a Hong Kong bank account in the name of Turnway Limited for settlement. | 
| Add date: | 9 Nov 2017 | 
| Note: Unlicensed entities often use names similar to legitimate companies to confuse investors. | |
                Unlicensed entities