Public Statement - PITCHFOREX TRADE & FINANCE GROUP, INC. (2019-12-12)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that PITCHFOREX TRADE & FINANCE GROUP, INC. is not, and has never been, licensed or regulated by the FSC to carry on any financial services or investment business in or from the BVI.

• Allegation: The entity is circulating a forged investment business licence and falsely claiming to be authorised and licensed by the FSC to deal in investments.
• FSC clarification: PITCHFOREX TRADE & FINANCE GROUP, INC. has never held any FSC licence or authorisation.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by this entity.
• Reporting: The public is invited to report to the FSC any information on questionable entities or improper activities operating in or from the Territory.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is informational and does not create ongoing compliance obligations for regulated entities; it serves as a warning to the public and potential customers about an unauthorised, fraudulent operator.

Applies to

members of the public, potential customers or creditors of PITCHFOREX TRADE & FINANCE GROUP, INC.