Public Statement 14 of 2021 - GEA CORP

PUBLIC STATEMENT

GEA CORP

Tortola, British Virgin Islands - 16th April 2021 -The British Virgin Islands Financial Services Commission (the “FSC”) considers it necessary to issue this Public Statement in order to protect the customers, creditors or persons who may have been solicited to conduct business by GEA CORP and to make the general public aware that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business.

The details are:

GEA CORP is falsely purporting to be a regulated broker with its headquarters in the British Virgin Islands for the purpose of carrying on online investment business in international financial markets. Such services are required to be licensed and regulated by the FSC.

The FSC hereby informs the public that GEA CORP is not and has never been licensed or regulated to carry on online investment business, or any other type of financial services business, in or from within the Territory.

Members of the public are advised to exercise extreme caution if solicited at any time to conduct business with GEA CORP. The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory and on any improper activities engaged in by such entities.

The FSC has issued this Public Statement pursuant to Section 37A of the  Financial Services Commission Act, 2001.