Public Statement 14 of 2021 - GEA CORP (2021-04-16)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) concerning GEA CORP, an entity that is falsely claiming to be a regulated broker headquartered in the BVI and that has been soliciting online investment business in international financial markets.

• Not licensed: GEA CORP has never been licensed or regulated by the FSC to carry on online investment business or any other financial services business in or from within the BVI.
• Public caution advised: Members of the public are advised to exercise extreme caution if solicited to conduct business with GEA CORP.
• Reporting invited: The FSC invites the public to provide information on GEA CORP or other questionable entities purportedly operating in or from within the Territory.

The statement is issued under Section 37A of the Financial Services Commission Act, 2001, and serves purely as a public protection notice rather than imposing any new regulatory requirement on licensed entities.