Freidman Capital Group LLC and Stonebridge Entity Group (the scam entities) (2026-08-28)

Summary

This is a public warning notice from the Jersey Financial Services Commission (JFSC) alerting the public that Freidman Capital Group LLC and Stonebridge Entity Group are unauthorised entities appearing to carry on investment business in Jersey without the required registration under the Financial Services (Jersey) Law 1998. The JFSC states it holds documentation indicating these entities are conducting or holding themselves out as conducting investment business despite never having registered or applied for registration, in contravention of Article 7 of the Law.

• Entities named: Freidman Capital Group LLC and Stonebridge Entity Group, operating via freidmancapitalgrp.com and stonebridgeentitygrp.com and associated email addresses.
• Basis of warning: Neither entity has ever registered, nor applied for registration, under the Financial Services (Jersey) Law 1998, so any investment business they conduct breaches Article 7.
• Fraud indicators: Correspondence reviewed by the JFSC displays multiple indicators consistent with fraudulent activity.
• Public guidance: The notice explains common scam warning signs and recommends a Stop, Check, Protect approach before acting on unexpected communications or payments.
• Reporting channels: Members of the public who have dealt with these entities are urged to contact the JFSC Enforcement team, the States of Jersey Police, their bank, or use the confidential whistleblowing line.

This is an informational public statement rather than a rule change; it does not impose new compliance requirements on JFSC-regulated firms but serves as a fraud alert and a reminder to verify counterparties against the JFSC's regulated entities and registry pages.

Key obligations

• Anyone who has had dealings with Freidman Capital Group LLC or Stonebridge Entity Group should contact the JFSC's Enforcement team.
• Members of the public who believe they have been targeted should report it to the States of Jersey Police, their bank (if a payment was made), and the JFSC's Enforcement Division.