Advisory Warnings on Mika Holdings Inc. and Universal Investments (International) Limited

On January 7, the British Virgin Islands Financial Services Commission published Advisory Warnings on two companies. Advisory Warning No.1 of 2013 concerns the company MIKA HOLDINGS INC., which is operating at the website www.optiofair.com and offering online trading with financial binary options, commodities, stocks and forex. The Commission warned the public that this company, falsely purporting to be licensed and regulated in the British Virgin Islands, is not and has not at any time been licensed or regulated in the jurisdiction.

Advisory Warning No.2 of 2013 related to the BVI business company Universal Investments (International) Limited, also known to be trading under the names of Universal Investments Limited, Universal Investments (Financial Services) Limited, and Universal FX. The Commission informed that this company has been offering investment products and services through two websites located at www.universal-fx.com and www.universal-invest.com whilst purporting to be licensed and regulated in the British Virgin Islands. However, the company Universal Investments (International) Limited has never been licensed by the FSC to carry on investment business in or from within the Territory of the British Virgin Islands.

This entry was posted in Blacklisted BVI Companies, BVI licenced business, Unethical business practice, Unlicensed offshore services. Bookmark the permalink.

Leave a Reply