Benson Union Limited - Advisory Warning No. 32 of 2012 (31 December 2012)

Advisory Warning No. 32 of 2012

31 December, 2012

ADVISORY WARNING

Benson Union Limited

(Aka: Benson Union)

Tortola, British Virgin Islands – 31 December, 2012 – The British Virgin Islands Financial Services Commission (“FSC”) has been made aware that a BVI business company called Benson Union Limited, which is known to be trading as Benson Union, has been offering investment products and services whilst purporting to be licensed and regulated in the British Virgin Islands. 

As a result of the FSC’s enquiries, it would appear that this BVI business company uses the aforementioned company and trading names, and is offering its investment products and services through a website located at www.bensonunion.net.

The BVI business company known as Benson Union Limited, and trading as Benson Unionhas never been licensed by the FSC to carry on investment business in or from within the Territory. 

Members of the public are therefore advised to exercise extreme caution if solicited at any time by this entity under either of its aforementioned company and trading names.  

The public is invited to provide the FSC with any relevant information on this, and any other questionable entities that are purportedly operating in or from within the Territory.

The FSC is issuing this Advisory Warning under Section 4(1)(l) of the Financial Services Commission Act, 2001.