Public Statement 33 of 2021 - Amey Singh (2021-12-23)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) about an individual named Amey Singh, who is falsely claiming to be a licensed broker-dealer in the British Virgin Islands. The FSC confirms that a forged investment business licence purporting to authorise Amey Singh is circulating, and that this person has never been licensed or regulated by the FSC for any financial services business, including investment business.

• Warning: The public is warned to exercise extreme caution if solicited by Amey Singh, who falsely claims to be a BVI licensed broker-dealer.
• Forged document: A forged investment business licence purporting to authorise Amey Singh as a broker-dealer is circulating and is not genuine.
• Call for information: The FSC invites the public to report any information about questionable entities or improper activities operating in or from the BVI.
• Legal basis: The statement is issued under Section 37A of the Financial Services Commission Act, 2001.

This notice is informational and protective in nature rather than regulatory: it does not create ongoing compliance obligations for licensed entities, but serves to alert consumers, creditors and the public to avoid dealing with an unlicensed and potentially fraudulent actor.

Applies to

general public, potential investors and creditors solicited by Amey Singh