The Guernsey Financial Services Commission has issued a consumer warning after identifying fake documents issued in its name that are being used to support an advance fee fraud scheme. The counterfeit documents are titled “Financial Regulatory Due Diligence / Financial Provenance Clearance”. The scheme involves a fake law firm using the name Flaven Law Chambers and a fake bank using the name ApexKrest Bank, both falsely claiming to be Guernsey-based entities, and the Commission is taking steps to close associated offending websites.
Guernsey Financial Services Commission 2026-04-01
Guernsey Financial Services Commission warns of fake GFSC due diligence documents linked to advance fee fraud using Flaven Law Chambers and ApexKrest Bank
The Guernsey Financial Services Commission has issued a consumer warning after identifying counterfeit documents in its name being used to support an advance fee fraud scheme. The fake “Financial Regulatory Due Diligence / Financial Provenance Clearance” documents are linked to a sham law firm, Flaven Law Chambers, and a sham bank, ApexKrest Bank, both falsely claiming to be Guernsey-based, and the Commission is taking steps to close related websites.