March 10, 2026
The Utah Division of Securities (Division) is issuing a warning about BG Wealth Sharing LTD. The Alberta Securities Commission (ASC) issued a formal warning, and the Division encourages anyone approached about an investment or business opportunity with or in BG Wealth Sharing LTD to read before giving anyone your hard earned money.
BG Wealth Sharing Ltd. claims to be an investment group offering high-return opportunities through a hedge fund, often involving cryptocurrency trading via the DSJ Exchange platform. These investments may not be registered with state or federal regulators. Alerts have been issued cautioning investors about BG Wealth’s offering by Financial regulators in Canada, New Zealand, Tonga, Samoa, the UK, the Philippines, Utah, and Washington.
Frequently Asked Questions
Is BG Wealth Sharing Ltd. a licensed investment firm? There is no record of BG Wealth Sharing Ltd. being registered to sell securities or provide investment advice in the State of Utah. BG Wealth and DSJ falsely claim to be licensed by the Securities and Exchange Commission (SEC). A partial Form ADV was filed with the SEC and obtained Exempt Reporting Adviser (ERA) status. DSJ filed a Form D with the SEC claiming a registration exemption. Neither of these forms is an indication of registration with the SEC. ERAs are not registered with the SEC and are not regularly examined by the SEC. Form Ds submitted to the SEC are not validated and should not be taken as confirmation that a business is legitimate.
What is the DSJ Exchange platform? DSJ is the platform allegedly used by BG Wealth for cryptocurrency trading. It has been associated with reports of “Liquidity Mining” or “Pig Butchering” scams, where investors are lured into depositing funds into a controlled app that shows fake gains to encourage them to invest more. Online reports indicate that a limited number of investors have been able to withdraw small amounts from the platform. This is a common tactic used in cryptocurrency scams to build trust and recruit more investors to the fraudulent platform.
I was told I need to pay “taxes” to withdraw my money. Is this normal? No. Legitimate investment platforms deduct necessary fees from your balance or provide tax documentation for you to file. Demanding an upfront payment (often in crypto) to “release” your funds is a common tactic used in exit scams.
What should I do if I already sent money? Stop. Do not send more money to “unlock” your account. Contact your bank immediately and report the incident. If you believe you are a victim of this alleged scam, please report it to the FBI at ic3.gov.
Take Action: Utah Investor Survey
If you have been offered the investment by Utah-based representatives of BG Wealth Sharing Ltd. or have invested money through the DSJ platform,
please provide your feedback and report your experience here:
https://forms.gle/BT5D8FyCideCEBkV6
** This warning is specific to BG Wealth Sharing LTD. (and its associated platform, DSJ Exchange), and does not apply to any other business or company, including those that may include “BG Wealth,” “Wealth Sharing,” or any other combination.
