Sterling Isle Trust

This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 30 of the Financial Services Act 2008.

The Commission has recently become aware of a website www.sterlingisle.co.uk purporting to represent the company Sterling Isle Trust who are claiming to operate out of the Isle of Man and offering wealth management and investment advice.

The Commission wishes to draw attention to the following observations:

The telephone and fax numbers used by these entities on the stated website namely +44 207 060 1035 and +44 207 060 1036 are not issued by Isle of Man telecommunication providers.

There is no company incorporated in the Isle of Man by the name of Sterling Isle Trust.

The Commission has established no association between the above entity and any genuine Isle of Man companies or businesses.

The Commission has established no genuine links between the above entity and the Isle of Man.

There is a genuine Isle of Man incorporated company licensed by the Commission named Sterling Trust Limited ( www.sterling.im ) who offer genuine trust and corporate services.

A search of all genuine companies incorporated in the Isle of Man can be conducted at https://services.gov.im/companies-registry/

To offer investment advice and wealth management services in or from the Isle of Man requires a licence issued by the Commission.

Under the circumstances, the Commission feels that any person accessing this fraudulent websites may potentially become the victim of an Advanced Fee Fraud.

OR

It may be an attempt at gaining personal data from the recipient in order to steal their identity – see Identity Theft in the Consumers section.

Any persons who are already involved in any dealings with the above entities and have concerns should contact the Enforcement Division on +44 1624 689311 or by e-mail to [email protected] for advice.

Any persons who have paid funds to the above entities should consider contacting their local Police without delay.

If you are confused as to whether or not you are dealing with the genuine Isle of Man company, Sterling Trust Limited you can visit their website at www.sterling.im

FSC Reference: NDR/01/2015