Al-Khawam Investment Limited

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

Al-Khawam Investment Limited

www.al-khawaminvestment.com

The Authority has recently become aware of a website www.al-khawaminvestment.com purporting to represent the business Al-Khawam Investment Limited and claiming to operate from the address, 69 Athol Street, Douglas, Isle of Man .

The FSA wishes to draw attention to the following observations:

The FSA has established no association between the company Al-Khawam Investment Limited and any genuine Isle of Man companies or businesses.

The genuine occupiers of the address 69 Athol Street, Douglas have no knowledge of nor any connection to the entity Al-Khawam Investment Limited

A search of all genuine companies incorporated in the Isle of Man can be conducted at https://services.gov.im/ded/services/companiesregistry/companysearch.iom

To offer investment services in or from the Isle of Man requires a licence issued by the FSA. There is no licenceholder in the Isle of Man named Al-Khawam Investment Ltd.  A search of all entities licensed by the FSA can be found at:

https://www.iomfsa.im/register-search/

Under the circumstances, the FSA feels that any person who has accessed the website al-hawaminvestment.com 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.

General advice on how to avoid becoming a victim to identity theft and advanced fee frauds can be found on the Action Fraud website at http://www.actionfraud.police.uk/ID and http://www.actionfraud.police.uk/fraud-az-advance-fee-fraud respectively.

Any persons who are already involved in any dealings with the potentially fraudulent website

al-hawaminvestment.com should consider notifying their local Police.

Anyone with general concerns concerning any individual or company holding themselves out as conducting a regulated activity in or from the Isle of Man without the requisite licence should contact the Enforcement Division at the Authority on +44 1624 689311 or by e-mail to [email protected] for advice. 

FSC Reference: NR/03/2018