Public Statement 5 of 2021 - VENDOR INVESTMENT GROUP (2021-02-17)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) about VENDOR INVESTMENT GROUP, an entity that is circulating a forged investment business licence and falsely claiming to be authorised and regulated by the FSC to carry on investment business. The FSC confirms that VENDOR INVESTMENT GROUP has never been licensed or regulated to conduct investment business or any other financial services business in or from within the British Virgin Islands.

• Nature of concern: VENDOR INVESTMENT GROUP is using a forged BVI investment business licence and falsely purporting to be licensed to deal in investments.
• Regulatory status: The entity is not and has never been licensed or regulated by the FSC for any financial services business.
• Public advice: Members of the public are urged to exercise extreme caution if solicited by this entity and to report any information about questionable entities or improper activities to the FSC.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

Applies to

members of the public, potential investors