Pacific Express Investment Bank / www.pxibank.com (Updated Warning)
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.
The Commission has recently become aware of the above entities website. Which claims to represent the above entity.
The website claims that Pacific Investment Bank has an address of Rosemary House, 53, Athol Street, Douglas, Isle of Man IM99 1AN.
Research carried out by the Commission has established categorically that the above entity does not have any presence in nor connection with the aforementioned Isle of Man address.
The above entity is not a company incorporated within the jurisdiction of the Isle of Man. It is not registered as a foreign company having established a place of business on the Isle of Man. It is not registered as a business name on the Isle of Man.
The above entity is not licensed by the Financial Supervision Commission to undertake banking business or any other regulated activity.
A list of all institutions licensed by the Commission is available on our website.
The Commission has established no association between the above entity and any genuine Isle of Man companies.
The Commission has established no genuine links between the above entity and the Isle of Man.
The Commission notes that the above website bears a number of similarities to those highlighted in the Commission Public Notices issued:
Under the circumstances, the Commission would strongly urge persons considering dealing with the above entity 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 the above entity 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 the above entity should contact their local Police Fraud Unit without delay.
FSC Reference: JPM/23/2005