Landora Investing Ltd. - Advisory Warning No. 4 of 2013 (2013-02-06)

Summary

This is a public advisory issued by the BVI Financial Services Commission warning that Landora Investing Ltd., a BVI business company, has been offering high yield investment programmes and Forex related investment products via its website while falsely claiming to be licensed and regulated in the British Virgin Islands.

• Finding: Landora Investing Ltd. has never been licensed by the FSC to carry on investment business in or from within the Territory.
• Public advice: Members of the public are advised to exercise extreme caution if solicited by this entity.
• Call for information: The FSC invites the public to provide any relevant information on Landora Investing Ltd. or other questionable entities operating in or purportedly operating in or from within the Territory.
• Legal basis: The warning is issued under Section 4(1)(l) of the Financial Services Commission Act, 2001.

This is an informational public alert rather than a rule or licensing requirement, and it does not impose ongoing compliance obligations on regulated entities.

Applies to

members of the public, Landora Investing Ltd. (unlicensed entity)