Industry News: FCA UK Experiencing Issue with Clones

The Financial Commission / Media posts / Industry News: FCA UK Experiencing Issue with Clones

The financial regulator of the United Kingdom, the Financial Conduct Authority (FCA) indicated yesterday through a warning of possible clones of the regulatory body itself. It reports that websites financialclaimsuk.co.uk and https://www.financialclaims.com/
have been used by fraudsters to mimic the official regulator in their efforts to deceive the public.

The FCA warns further to “be aware that the scammers may give out other false details or mix these with some correct details of the registered firm.” In order to protect yourself, the regulator suggests only dealing with licensed and regulated firms and individuals and recommends to check the Register to confirm authorization.

The Financial Commission has also previously dealt with such clones and phishing website issues and has shared a comprehensive guide on how to avoid scams. Stay safe!

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