Sharptext Branch Inc. - Advisory Warning No. 28 of 2012 (2012-12-14)

Summary

This is a public advisory issued by the British Virgin Islands Financial Services Commission (FSC) warning about SHARPTEXT BRANCH INC., a BVI business company found to be operating two websites (www.sharptextbranch.com and www.tradelead.com) while presenting a forged version of its own BVI incorporation documents. The forged documents show an altered incorporation date, making the company appear to have been registered in the BVI for longer than it actually has, apparently to help solicit business contracts.

• Nature of concern: SHARPTEXT BRANCH INC. is using falsified BVI incorporation documents with an altered date to misrepresent how long it has been incorporated in the Territory.
• Public advice: Members of the public are advised to exercise extreme caution when conducting any transactions with SHARPTEXT BRANCH INC.
• Reporting: The public is invited to provide the FSC with any relevant information on questionable entities operating in or from the BVI, or on improper or illegal activities by such entities.
• Legal basis: The advisory is issued by the FSC under Section 4(1)(l) of the Financial Services Commission Act, 2001.

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

Applies to

members of the public, persons considering transacting with SHARPTEXT BRANCH INC.