Aerolite Ltd. - Advisory Warning No. 5 of 2011 (16 June, 2011)

Advisory Warning No. 5 of 2011
 
 
16 June, 2011
 
 

ADVISORY WARNING

AEROLITE LTD.
 

Tortola, British Virgin Islands – 16 June, 2011 –  The British Virgin Islands Financial Services Commission (the “FSC”) is issuing this Advisory Warning under Section 4 (1) (l) of the Financial Services Commission Act, 2001.
 
The FSC wishes to inform the public that Aerolite Ltd., is not incorporated or registered in the British Virgin Islands, and not licensed to carry on financial services business in or from within the Territory.
 
The FSC has recently been made aware that Aerolite Ltd, also operating under a trading name of ‘Aero Lite Online’, is offering investment opportunities by means of “cold call” telemarketing, as well as through its website located at www.aeroliteonline.us whilst presenting itself as being incorporated in Switzerland, and registered and licensed in the British Virgin Islands.   The FSC hereby informs the public that Aerolite Ltd is not, and has not at any time been incorporated, registered, or licensed by the FSC.
 
Members of the public are advised to exercise extreme caution in conducting any transactions with Aerolite Ltd.
 
In general, investors should exercise extreme caution when financial products or services are being offered by any companies via questionable websites, or by means of unsolicited communication.
 
The public is invited to provide the FSC with any relevant information on questionable entities which are purportedly operating in or from within the Territory.