Bogus invoice - Prudential Finance Company

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.

Fraudulent Invoice purporting to originate from Prudential Finance Company

Prudential Finance Company “fraudulent entity”

Prudential Finance Firm

Cahit Topcu

The Authority is warning the public about a scam involving a fraudulent invoice carrying an Isle of Man address, prompting recipients to pay funds to the Prudential Finance Company as part of a “certified tax evasion fee”. The payment was to be made in United States Dollars to an account in Istanbul, Turkey. The payment is for the beneficiary “Cahit Topcu” purportedly on behalf of the fraudulent entity.

The emails are signed off by CT as “Cahit Topcu” and originate from the email address cahit_topcu@yahoo.com

The fraudulent entity is not, and never has been, registered in the Isle of Man to provide financial services.

The Authority has established no association between the above entities and any genuine Isle of Man companies. The Authority has established no genuine links between the above entities and the Isle of Man.

General advice on how to avoid becoming a victim of fraud can be found on the Action Fraud website at http://www.actionfraud.police.uk/ID.

You can find a list of all regulated businesses in the Isle of Man on our website.

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 by email to enforcement@iomfsa.im for advice.