26th October 2005
Inland Paradize Lotto - F.S.C Public Warnings
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.
Inland Paradize Lotto
The Financial Supervision Commission has been made aware of emails allegedly originating from Inland Paradize Lotto. This entity purports, within the emails, to have an address at Paradize Office, 2, Quay Terrace, Ramsey, Isle of Man LM8 1BF.
Extensive checks by the Commission have failed to establish the existence of any such address on the Isle of Man.
Inland Paradize Lotto is not a company incorporated within the jurisdiction of the Isle of Man. It is not registered as a foreign company having established a place of business on the Isle of Man. It is not registered as a business name on the Isle of Man.
In the emails seen by the Commission the above entity claims that the recipient may have won a lottery allegedly run by Inland Paradize Lotto and to have been purportedly “approved for a lump sum pay of £2,000,000” . The emails ask the recipient to contact an alleged “Claims Agent” “For due processing and remittance of your prize money”.
Lotteries in the Isle of Man are registered by The Isle of Man Gambling Control Commissioners (website www.gov.im/gambling ). The Financial Supervision Commission have contacted the Gambling Control Commissioners and have established that Inland Paradize Lotto is not known to or registered by them.
The Commission has been unable to establish any genuine connection between the above entity and the Isle of Man.
The Commission has been unable to establish any genuine connection between the above entity and any persons on the Isle of Man.
Under the circumstances the Commission feels that these emails are being issued in order to tempt the recipient into becoming the victim of a so called “Lottery Scam” (a useful explanation of how such “Lottery Scams” work may be found on the following external website: http://www.fraudaid.com/ScamSpam/Lottery/ )
The Commission would strongly urge persons receiving emails purporting to originate from Inland Paradize Lotto, Paradize Office, 2, Quay Terrace, Ramsey, Isle of Man LM8 1BF to refrain from responding to them, bearing in mind the contents of this public notice.
Persons who have already given personal details in response to correspondence from the above entity or who have paid any monies to the above entity are recommended to contact their local Police Fraud Unit without delay.