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Public Statement 2 of 2020 - ITBFX

Public Statements



Tortola, British Virgin Islands – 21st February 2020 – The British Virgin Islands Financial Services Commission (the “FSC”) considers it necessary to issue this Public Statement in order to protect the customers, creditors or persons who may have been solicited to conduct business by WWW.ITBFX.COM passing off as TRADING OPPORTUNITY MANAGEMENT COMPANY LTD. and to make the general public aware that WWW.ITBFX.COM is not a BVI registered company and is not licensed by the FSC to carry on any type of financial services business.

The details are:

WWW.ITBFX.COM is circulating a forged investment business licence bearing the name TRADING OPPORTUNITY MANAGEMENT COMPANY LTD., Licence number SIBA/L/12/1027, and is falsely purporting to be authorised and licensed in the BVI for the purpose of carrying out investment business by dealing in investments as an entity licensed and regulated by the FSC.

The FSC hereby informs the public that WWW.ITBFX.COM is not affiliated or otherwise connected to TRADING OPPORTUNITY MANAGEMENT COMPANY LTD. which is a company licensed by the FSC and that WWW.ITBFX.COM is not and has never been licensed or regulated to carry on investment business in or from within the Territory.

Members of the public are advised to exercise extreme caution if solicited at any time to conduct business with WWW.ITBFX.COM passing off as TRADING OPPORTUNITY MANAGEMENT COMPANY LTD.

The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory, and on any improper activities engaged in by such entities.

The FSC has issued this Public Statement pursuant to Section 37A of the Financial Services Commission Act, 2001.