News & Warnings

The FSMA warns against GBL Service

Warnings
14/01/2020

The Financial Services and Markets Authority (FSMA) warns the public against the website https://gbl-service.com.

GBL Service (cloned firm) has usurped the identity of the listed company Group Brussels Lambert, which has its registered office at Marnixlaan/avenue Marnix 24, 1000 Brussels (Crossroad Bank for Enterprises number 407.040.209).

The website https://gbl-service.com is thus not the official website of Group Brussels Lambert.

The FSMA emphasizes that there is no connection between these two companies. Identity theft is typical of 'cloned firm' fraud: fraudsters steal the identity of persons or companies that do in fact exist (such as a lawyer, an authorized company, etc.) in order to gain credibility or even legitimacy, and thus to convince investors.

The FSMA therefore strongly advises against responding to any offer of credit made on the website GBL Service and against transferring money to any account number provided by GBL Service.

Fraudulent credit offers relate to false credits offered in order to wheedle money out of consumers. The providers are fraudsters pretending to be lenders or collaborators of credit institutions.

These fraudsters offer consumers credits at very attractive conditions. If a consumer wishes to take up the offer, he/she is asked to make certain payments supposedly to cover costs relating to the credit (e.g. an insurance premium to protect the lender against the risk of the loan not being repaid, dossier fees, administrative costs, etc.). Those costs are, however, fictitious.

Once those so-called costs are paid, the lender disappears without a trace, making it nearly impossible to recover the amounts paid.

The FSMA thus advises absolutely against responding to such offers of credit.

GBL Service uses the following contact details:

Contact person: Denis Paillard
Email: denispaillard@hotmail.com

Would you like to enquire more generally as to whether a proposed transaction complies with the financial legislation? If so, please use the search function on the FSMA website. You can also contact the FSMA directly via the consumer contact form.