Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List the companies Sea Faith Bullion Limited and Sea Faith International Industrial Limited.
Sea Faith Bullion Limited and Sea Faith International Industrial Limited (together, the Parties) claim to be based in Hong Kong, Shenzhen, Dongguan, Harbin and several other major cities in the People’s Republic of China, and offer an online gold and silver trading platform.
The companies are operating at http://en.sf-bullion.com/en/default.html.
BCSC recently became aware of the Parties and that a BC resident was able to open a trading account with the Parties.
The Parties are not registered to trade in, or advise on, securities or exchange contracts in British Columbia.
The official warning can be seen here.