Bogus Website - Niolic Limited

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

www.niolic.com (“the website”)

Niolic Limited (“brand name use”)

The Authority has become aware of the website listed above. 

The website claims to represent Niolic Limited, a company incorporated in the Isle of Man. The Authority has not established whether the company is genuine.

The Authority wishes to draw attention to the following observations:

The website was offering financial services, claiming to provide profit to Investors through trading with AI related Bots. However, upon requests by investors to withdraw their funds, contact with those behind the website stopped.

Steps have been taken to take the website down.

Under the circumstances, the Authority is concerned that any person who has accessed the website may potentially become the victim of fraud.

To offer the financial services mentioned within the websites in or from the Isle of Man, would require them to be licensed or registered by the Authority. Niolic Limited is not licensed or registered with the Authority.  A list of all genuine entities licensed or registered by the Authority can be found at:

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

Under the circumstances, the Authority is concerned that any person who has accessed the website may potentially become the victim of fraud.

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

Any persons who are already involved in any dealings with the website should consider notifying their local Police, bringing to their attention the contents of this notice.

Any cyber related concerns involving the internet, email, telephone communications, or any other matter involving electronic communications can be reported to the Cyber Security Centre for the Isle of  Man at their website https://csc.gov.im/cyber-concerns-online-reporting-form/

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 enforcement@iomfsa.im for advice.

Authority Reference:  ENF/08/2025 – 4 August 2025