The Jersey Financial Services Commission (JFSC) published a fraud warning after becoming aware of scammers emailing Jersey residents while falsely claiming the recipient is due a large sum of money that the JFSC is holding for a “regulatory review”, and that payment for a “Money Laundering Certificate” is required to release the funds. The JFSC said the emails are a scam and advised recipients not to respond or send any money or personal information. The Commission clarified it would never hold an individual’s money for a regulatory review or any other reason, issue “Money Laundering Certificates” to release funds, request payments from the public (other than fees from legitimate financial institutions), or ask for sensitive banking information such as PINs, passwords or card details. It also highlighted common scam warning signs including spelling and grammar errors, pressure and urgency, offers that seem too good to be true, prompts to click links, unusual payment methods, requests for sensitive information, and lookalike websites or social media accounts, and advised people to verify any suspected JFSC contact through the Commission’s official channels.

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