Ideal Merchant Bank
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.
Ideal Merchant Bank
The Commission has recently become aware of the activities of the above entities which it has been reported have made claims that they are based in or linked to the Isle of Man in some manner.
None of these entities is licensed by the Financial Supervision Commission to undertake banking or investment business.
The Commission has established no genuine links between the entities and the Isle of Man.
It is suspected that these entities may be being used in connection with “419” advance fee frauds.
Under the circumstances the Commission would strongly urge persons considering dealing with any of these entities to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.
Any persons who are already involved in any dealings with the above entities and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to fsc@gov.im.
Any persons who consider that they may be the victims of advance fee fraud should contact their local police without delay.