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Stand Online Ltd./ Fidelity - Advisory Warning No. 2 of 2012 (29 February, 2012)
Advisory Warning No. 2 of 2012
29 February, 2012
ADVISORY WARNING
STAND ONLINE LTD. / FIDELITY LTD.
Tortola, British Virgin Islands – 29 February, 2012 – The British Virgin Island Financial Services Commission (the “FSC”) has recently been made aware that Stand Online Ltd./ Fidelity Ltd. is offering investment opportunities on its websites at www.stockcastle.com and presents itself as being incorporated and registered in the British Virgin Islands. The FSC hereby informs the public that Stand Online Ltd. / Fidelity Ltd. is not and has not at any time been incorporated or registered in the British Virgin Islands or licensed by the FSC. The FSC has been advised that neither of the entities has any affiliation to Fidelity Corporate Services Ltd. and Fidelity Management Services Limited which are licensed by the FSC.
Members of the public are advised to exercise extreme caution in conducting any transactions with Stand Online Ltd. / Fidelity Ltd.
The public is invited to provide the Commission with any relevant information on questionable entities which 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.