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JFSC Warning = Alexandria Bancorp Limited (the impersonating entity)

13/05/2022

Alexandria Bancorp Limited (the impersonating entity)
https://alexandriabancorpkm.com/ (the website)
ray.mark@alexandriabancorpkm.com (the email address)

Alexandria Bancorp Limited (the impersonating entity)

This JFSC statement is to warn members of the public against dealing with unauthorised financial service providers. The impersonating entity has not received authorisation to conduct financial service business, deposit taking business or specified Schedule 2 business, within the meaning of the FS(J)L, BB(J)L and Supervisory Bodies Law, in or from within Jersey. The impersonating entity also has no link to the genuine Alexandria Bancorp Limited, a registered financial services provider based in the Cayman Islands.

From documentation held by the JFSC, the impersonating entity is carrying on, or holding out as carrying on, investment business, trust company business, deposit-taking business and specified Schedule 2 business (lending and virtual currency exchange) in or from within Jersey when it is not authorised by, or registered with, the JFSC to do so.

The JFSC confirms the following:

  1. The impersonating entity, website and email address are not connected in any way to the genuine financial service provider, Alexandria Bancorp Limited registered in the Cayman Islands based at Flagship Building, Suite 401, 142 Seafarers Way, P.O. Box 2428, George Town, Grand Cayman KY1-1105, Cayman Islands.
  2. The impersonating entity has never been registered, nor applied for registration, under the FS(J)L, BB(J)L or Supervisory Bodies Law. Therefore any investment business, trust company business, deposit-taking business or specified Schedule 2 business (lending/ virtual currency exchange) carried on by the impersonating entity, is in breach of Article 7 of the FS(J)L, Article 8 of the BB(J)L and Article 10 of the Supervisory Bodies Law.
  3. From documentation held by the JFSC, the impersonating entity, website and email address display warning signs of being set up for a fraudulent purpose.

Anyone who has had dealings with the impersonating entity is asked to contact the JFSC’s Enforcement team.

All regulated and specified Schedule 2 businesses in Jersey are listed on our website.

For further enquiries, please contact the JFSC’s Enforcement team.

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