Category Archives: Scam

FTC Warning about the “809 phone scam” associated with BVI and other Caribbean Countries

Posted on January 10, 2008 by Mike

BVI offshore business related news sources have many times discussed the so-called 809 long distance code scam (BVI), which is usually and mistakenly related to the British Virgin Islands. All the case was about people receiving urgent messages in which … Continue reading →

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Philippines company and its BVI-based parent company charged of fraud by SEC

Posted on December 5, 2007 by Mike

In the beginning of this week, the Securities and Exchange Commission (SEC) said it had found fraud, and other violations of securities laws committed by Philippine-registered trading firm PIPC Corp., its officers and agents. The Singaporean owner of parent company … Continue reading →

Posted in BVI Companies, Frauds, Offshore investment schemes, Scam | Leave a comment

BVI company’s financial scam in Philippines: Senate’s inquiry on the lost millions

Posted on September 25, 2007 by Mike

Financial scam, which was allegedly organized by the BVI-registered Performance Investment Products Corp. in Philippines, and started to be investigated by NBI, this month is still in the centre of public attention. The Senate Committee on Trade has conducted an … Continue reading →

Posted in BVI Companies, Investigation, Scam | Leave a comment