First Choice Bank Trust Company (Isle of Man) Limited / www.firstchoicetrust.net
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.
First Choice International Bank
First Choice Bank Offshore
First Choice Bank International
First Choice Bank Isle of Man Limited
First Choice Bank Trust Company (Isle of Man) Limited
The Commission has recently become aware of the above website which includes references to and claims to represent (inter alia) the above entities.
The website implies that the above entities have some presence in or connection with the Isle of Man.
The website claims that one or more of the above entities have an address of “One Circular Road, Douglas, Isle of Man”. This claim is false.
The website claims that one or more of the above entities are registered in the Isle of Man. This claim is false.
The website claims that one or more of the above entities have a VAT number on the Isle of Man of 000 1116 73. Enquiries carried out by the Commission have established that this VAT number is not relevant to any of the above entities.
None of the above entities is a company incorporated within the jurisdiction of the Isle of Man. They are not registered as foreign companies having established a place of business on the Isle of Man. They are not registered as business names on the Isle of Man.
None of the above entities are, nor ever have been, licensed by the Financial Supervision Commission to undertake Banking, Investment or Corporate Service Provider business in or from the Island.
A list of all institutions licensed by the Commission is available.
The Commission has established no association between these entities and any genuine Isle of Man companies.
The Commission has established no genuine links between these entities and the Isle of Man.
Under the circumstances, the Commission would strongly urge persons considering dealing with these entities to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.
Any persons who are already involved in any dealings with the above entities and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to firstname.lastname@example.org.
Any persons who have paid funds to these entities should consider contacting their local Police Fraud Unit without delay.
FSC Reference: JPM/38/2004