The Isle of Man Financial Services Authority issued a public warning about an entity calling itself Contract Resolution Experts, which has been cold calling individuals and claiming to represent First National Trustee Company Limited, a genuine Isle of Man licence holder. The Authority reported it has found no evidence that Contract Resolution Experts is incorporated in the Isle of Man or connected to any legitimate Isle of Man business, and cautioned that the activity may be aimed at fraud or identity theft. The notice states that an individual using the name ‘James Owen’ appears to be making the calls to members of the public who may have a current or past relationship with the licence holder, and that the telephone number used is not issued by an Isle of Man telecommunications provider. It also signposted checks via the Isle of Man Companies Registry and guidance from Action Fraud, and advised anyone already dealing with the entity to consider notifying their local police and to seek advice from the Authority where there are concerns about unlicensed regulated activity.
Isle of Man Financial Services Authority 2025-09-22
Isle of Man Financial Services Authority warns of Contract Resolution Experts cold calls falsely linked to First National Trustee Company Limited
The Isle of Man Financial Services Authority issued a warning about Contract Resolution Experts, which falsely claims to represent First National Trustee Company Limited. The entity, not incorporated in the Isle of Man, is suspected of fraudulent activities, including identity theft. Individuals contacted by 'James Owen' are advised to verify through the Isle of Man Companies Registry and report concerns to local police or the Authority.