CST-Efinancien (2024-06-25)

Summary

This is a public warning notice from the Guernsey Financial Services Commission alerting the public that fraudsters are misusing the name and details of Credit Suisse Trust Limited, a Guernsey licensed company, to perpetrate an advance fee fraud scheme.

• Fraud scheme: Criminals have set up a fake website using the name CST-Efinancien and falsely claim it is part of Credit Suisse Trust Limited.
• Related name: Anyone approached by an entity using the name CST-Financien is warned this may be part of the same fraud.
• Recommended action: Anyone seeking to conduct business with the entity using the name CST-Financien is encouraged to contact the Commission's Intelligence Team for guidance.

The notice is informational only and confirms that Credit Suisse Trust Limited itself remains a genuine Guernsey registered and licensed company; it does not impose any new regulatory requirements on licensees.