Public Statement 14 of 2022 - GROWTH LINE OPTION (2022-09-22)

Summary

This is a public warning notice issued by the BVI Financial Services Commission alerting the public that the entity calling itself GROWTH LINE OPTION is not, and has never been, licensed, registered or regulated to conduct investment business or any other financial services business in or from the British Virgin Islands.

• Forged licence: GROWTH LINE OPTION has been circulating a forged investment business licence and falsely claiming to be FSC authorised to deal in or arrange deals in investments.
• No authorisation: The FSC confirms the entity has never been licensed, registered or regulated by the Commission for any financial services activity.
• Public caution advised: Members of the public are urged to exercise extreme caution if solicited to do business with GROWTH LINE OPTION.
• Reporting invited: The FSC invites the public to submit any information about questionable entities or improper activities purportedly operating in or from the BVI.

The statement is issued under Section 37A of the Financial Services Commission Act, 2001 and is informational in nature, intended to protect potential customers and creditors rather than to impose new compliance requirements on regulated entities.