Source: Isle of Man
The Authority has recently become aware of a website https://floans-iomltd.com/ purporting to represent the business Future Loans (IOM) Limited and claiming to have an Isle of Man presence. The website purports to offer a wide range of financial and investment products.
The Authority wishes to draw attention to the following observations:
There is a genuine Isle of Man incorporated company called Future Loans (IOM) Limited with its registered office at 6th Floor, Victory House, Prospect Hill, Douglas, Isle of Man IM1 1EQ. The genuine Future Loans (IOM) Limited is in no way connected to the website https://floans-iomltd.com/ The Authority has failed to establish any association between the website, https://floans-iomltd.com/ and any genuine Isle of Man companies or businesses.
Those operating the potentially fraudulent website https://floans-iomltd.com/ have no authority to claim that they operate in or from the address, 6th Floor, Victory House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ. The website domain address was created on 29th September 2020 using the registrant name of Timothy Gerrade.
A search of all genuine companies incorporated, and business names registered in the Isle of Man can be conducted at https://services.gov.im/ded/services/companiesregistry/companysearch.iom
To offer the financial services listed on the website https://floans-iomltd.com/ in or from the Isle of Man would require a licence issued by the Authority. There is no licence holder in the Isle of Man named linked to the aforementioned website. A search of all entities licensed by the Authority can be found at:
Under the circumstances, the Authority is concerned that any person who has accessed the website https://floans-iomltd.com/ may potentially become the victim of fraud or it may be an attempt at gaining personal data from the browser 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 https://floans-iomltd.com/ should consider notifying their local Police, bringing to their attention the contents of this notice.
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 firstname.lastname@example.org for advice.
Authority Reference: NR/03/2020