Isle of Man Government Crest

News

10th April 2012

PUBLIC WARNING

This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 30 of the Financial Services Act 2008.

www.royalty7.com

Finance Your Dream Limited

The Commission has recently become aware of the website www.royalty7.com which purports to represent an entity calling itself Finance Your Dream Limited, falsely claiming to be using the address of PO Box 170, Business Park, Douglas, Isle of Man IM99 1PG.

The website www.royalty7.com claims to offer a full range of wealth management and investment services.

The Commission wishes to draw attention to the following observations:

The address, PO Box 170, Douglas, Isle of Man, IM99 1PG is a genuine Isle of Man PO Box address issued by the Isle of Man Post Office. PO Box 170 is currently allocated to a Department of the Isle of Man Government and there is no known link between them and the entities royalty7 or Finance Your Dreams Limited.

The company Finance Your Dream Limited is incorporated in the United Kingdom with the company number 07772859. The sole director of the company, Dmitry Berger also uses the address PO Box 170, Business Park, Douglas, IM99 1PG.

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

The Commission has established no genuine links between the above entities and the Isle of Man.

A list of all institutions licensed by the Commission is available on our website at http://www.fsc.gov.im/licenceholders/Welcome.aspx?status=current

Under the circumstances, the Commission would strongly urge persons considering dealing with this potentially fraudulent entity to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.

The Commission feels that any person accessing this potentially fraudulent website may potentially become the victim of an Advanced Fee Fraud – see explanatory notice issued by the Commission at:

http://www.fsc.gov.im/ViewNews.gov?menuid=10222&page=lib/news/fsc/westafricanfraud.xml

OR

It may be an attempt at gaining personal data from the recipient in order to steal their identity – see explanatory notice issued by the Commission at:

http://www.fsc.gov.im/ViewNews.gov?menuid=10222&page=lib/news/fsc/identitytheft.xml

Also see information issued by the Isle of Man Office of the Data Protection Supervisor at:

http://www.gov.im/lib/news/odps/yourinformationy.xml

Any persons who are already involved in any dealings with the above entity and have concerns should contact the Enforcement Division on +44 1624 689000 or by e-mail to fsc@gov.im.

Any persons who have paid funds to the above entities should contact their local Police Fraud Unit without delay.

FSC Reference: NDR/06/2012

Financial Supervision Commission
Address:
P.O. Box 58
Finch Hill House
Bucks Road
Douglas
Isle of Man
Post Code: IM99 1DT
Telephone:01624 689300
Fax:01624 689399