Public Statement 23 of 2024 - Andrey Zagorsky (2024-12-31)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that a forged investment business licence is circulating in the name of Andrey Zagorsky. The FSC confirms this individual has never been licensed or regulated by it to carry on investment business or any other financial services business in or from the BVI.

• Forged document: A fake investment business licence falsely claims Andrey Zagorsky is authorised by the FSC to deal in investments as principal and arrange deals in investments.
• No licence exists: The FSC states Andrey Zagorsky is not and has never been licensed or regulated by the FSC for any financial services business in or from the Territory of the Virgin Islands.
• Public caution advised: Members of the public are urged to exercise extreme caution if solicited to conduct business on the representation that this person is FSC licensed or regulated.
• Reporting invited: The public is invited to report to the FSC any relevant information on 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 purely informational in nature, intended to protect potential customers and creditors rather than impose ongoing regulatory requirements on licensees.