The Jersey Financial Services Commission has issued a public warning about a suspected scam operating under the name Sky Dove Finance.
The regulator said the entity is falsely claiming to be based at Sir Walter Raleigh House on the Esplanade in St Helier and is offering financial services in Jersey without authorisation.
According to the JFSC, Sky Dove Finance has never been registered or applied for registration under Jersey’s financial services laws.
It is alleged to be carrying on, or presenting itself as carrying on, deposit-taking and related financial business in breach of legal requirements.
The regulator also warned that the entity’s website and associated email addresses show multiple signs consistent with fraudulent activity.
The statement comes amid what the JFSC described as a wider increase in scams and unauthorised financial businesses.
The watchdog said criminals are becoming more sophisticated, often impersonating trusted organisations or individuals and using cloned websites, branding and even AI-generated content to appear legitimate.
Members of the public are being urged to remain vigilant, verify the status of any financial service provider, and avoid sharing personal or financial information with unknown parties.
Anyone who believes they may have been targeted is advised to report the matter to authorities, including law enforcement or their bank if money has already been transferred.
More information can be found online. Islanders can also contact the JFSC’s confidential whistleblowing line on 01534 887557.