Bogus Offers of Employment - F.S.C

 

Vettrax Energy Inc
Wayne Potman
Wm Stacy Locke
Barrister Timothy Moynahan

 

William Andersen – Update 6 September 2011
Wesley Wright – Update 6 September 2011
Pat Wyffels – Update 6 September 2011
William Carter - Update 6 September 2011

 

www.vettraxenergys.com
www.vettraxenergyinc.co.uk

 

The Commission has recently become aware of correspondence received by members of the public purporting to have been sent by a Wayne Potman (Director of Human Resources) and Wm Stacy Locke (Chief Executive Officer) claiming to represent the purported company Vettrax Energy Inc., Central Promenade, Douglas, Isle of Man IM2 4NA.

Within the correspondence it is claimed that the purported company Vettrax Energy Inc was able to make the individual an offer of employment. A requirement of taking up the offer of employment was to apply for and complete an application for Expatriate Insurance from the Isle of Man City Council which would be supplied on payment of a £600 fee.

The individual would then be put in contact with a Barrister Timothy Moynahan purportedly representing the Immigration Solicitors and Legal Advisor Service, an independent entity acting as the link between the Isle of Man City Council and Vettrax Energy Inc. who would then process payment of any fees.

There are no companies, agencies or Government Departments called either the Isle of Man City Council or the Immigration Solicitors and Legal Advisor Service in the Isle of Man.

The purported entity Vettrax Energy Inc is not a company incorporated in 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 in the Isle of Man.

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.

Update 6 September 2011

The Commission are aware that individuals continue to receive correspondence from the entity holding themselves out to be Vettrax Energy Inc.

In addition to the previously listed names of persons holding themselves out as representing the purported entity Vettrax Energy Inc, the following names have been seen on subsequent correspondence received by individuals that have been targeted by these potential fraudsters:

William Andersen – Director of Human Resources
Wesley Wright – Director of Human Resources
Pat Wyffels – Manager in Human Resources
William Carter - Personnel

 

The Commission has established no association between any of these individuals and any genuine Isle of Man companies.

Under the circumstances the Financial Supervision Commission feels that this correspondence is being issued to tempt the recipient into becoming the victim of an Advance Fee Fraud – see explanatory notice issued by the Commission at:

http://www.iomfsa.im/ViewNews.gov?page=lib/news/iomfsa/westafricanfraud.xml&menuid=11570

OR Is an attempt at gaining personal data from the recipient in order to steal their identity – see explanatory notice issued by the Commission at:

http://www.iomfsa.im/ViewNews.gov?page=lib/news/iomfsa/identitytheft.xml&menuid=11570

Also see information issued by the Isle of Man Office of the Data Protection Supervisor at:

http://www.gov.im/lib/news/odps/yourinformationy.xml

Under the circumstances the Commission would encourage people receiving correspondence matching the above description to refrain from responding to it in any way.

Any persons who are already involved in any dealings resulting from the aforementioned correspondence and who have concerns should contact the Enforcement Division on +44 1624 689311 or by email to [email protected].

Any persons who have paid out funds in relation to the aforementioned correspondence or who have provided personal financial details in relation to the aforementioned correspondence should consider contacting their local police fraud unit without delay.

Original - FSC reference: NDR/8/2011 - 1 August 2011
Update - FSC reference: NDR/11/2011 - 6 September 2011