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UPME Group Ltd. - Advisory Warning No. 6 of 2013 (13 March 2013)

Advisory Warnings

Advisory Warning No. 6 of 2013


13 March, 2013







Tortola, British Virgin Islands – 13 March, 2013 – The British Virgin Islands Financial Services Commission (the “FSC”) has recently been made aware that BVI Business Company UPME GROUP LTD. operating at and offering online trading in forex business, whilst purporting to be regulated in the British Virgin Islands.  The FSC hereby informs the public that UPME GROUP LTD. is not and has not at any time been licensed or regulated in the British Virgin Islands by the FSC.   


Members of the public are advised to exercise extreme caution in conducting any transactions with UPME GROUP LTD.  


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

The FSC is issuing this Advisory Warning under Section 4(1)(l) of the Financial Services Commission Act, 2001.