Royal Investment Consortium (the scam entity)
www.royalinvestmentconsortium (the website)
[email protected] (the email address)
Issued: 31 May 2023
Banking Business (Jersey) Law 1991 (BB(J)L)
This statement is to warn members of the public against dealing with unauthorised financial service providers. The scam entity has not received authorisation to conduct deposit-taking business in Jersey within the meaning of the BB(J)L.
From documentation held by the JFSC, the scam entity is falsely purporting to have a business presence in Jersey. It is also carrying on, or holding out as carrying on, deposit-taking business in Jersey when it is not authorised to do so by the JFSC.
The JFSC confirms the following:
- The scam entity has never been registered, nor applied for registration, under the BB(J)L. Therefore, any deposit-taking business, as defined in Article 3 of the BB(J)L and carried out by the scam entity, is in breach of Article 8 of the BB(J)L.
- From documentation held by the JFSC, the scam entity, website, and email address display warning signs of being set up for fraudulent purposes.
Anyone who has had dealings with the scam entity is asked to contact the JFSC’s Enforcement team.
All regulated businesses in Jersey are listed on our website.
For further enquiries, please contact the JFSC’s Enforcement team.