Public Statement 3 of 2025 - JERZY NOWAK (2025-01-21)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) under Section 37A of the Financial Services Commission Act, 2001. It alerts the public that a forged investment business licence is circulating in the name of an individual, JERZY NOWAK, falsely claiming he is authorised by the FSC to carry on investment business in or from the BVI.

• Nature of the alert: A forged licence document falsely represents that Jerzy Nowak is licensed and regulated by the FSC to deal in investments as principal and arrange investment deals.
• Regulatory status: The FSC confirms Jerzy Nowak has never been licensed or regulated by the FSC to carry on investment business or any other financial services business in or from the Virgin Islands.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited to conduct business with Jerzy Nowak.
• Reporting: The public is invited to provide the FSC with any information on questionable entities purportedly operating in or from the BVI and on improper activities by such entities.

The notice is informational and protective in nature, intended to warn potential customers and creditors rather than to impose ongoing compliance duties on licensed entities.