Swiss Mutual Fund originally claimed on its website that it was created after World War II in 1948 by the Cheviot family of France, with operations based in Bern, Switzerland. In 1996, the firm moved to the Commonwealth of Dominica due to changes in financial regulations in Europe. However the Swiss Embassy in Kuala Lumpur has stated the following:"The Swiss Mutual Fund (1948) and or Swiss Cash are not registered companies in Switzerland. Until proof of the contrary, the Embassy doubts that the remarks about these funds and their historic links to Switzerland as outlined on their original website are genuine. The original website is indeed registered in the USA and the contact telephone number is from New Jersey (USA)."This information was also corroborated by the Swiss Embassy in Singapore.