Public Warning: Fraudulent Social Media Postings Linked to BMA Capital (2025-05-19)

Summary

This is a public warning notice issued by the Bermuda Monetary Authority (BMA) alerting the public to fraudulent social media postings, including on WhatsApp, that falsely claim affiliation with the BMA under names such as BMA Capital, Bermuda Finance, Pakistan BMA, and BMA International Platform.

• False claims: The posts falsely conflate the BMA, a financial regulator, with an unrelated multinational financial conglomerate and falsely claim the BMA is its headquarters.
• Risk warning: The BMA warns that conducting business with unregulated entities carries increased risk, particularly where introduced through fraudulent statements, and that anyone doing so acts at their own risk.

The notice is informational only and does not impose any regulatory requirements on licensed or regulated entities; it serves to warn members of the public and potential investors about the fraudulent scheme.