Britain’s monetary regulator has continued its ongoing efforts to warn most people towards fraudulent and unauthorized entities. The Metropolis watchdog as we speak warned towards clone agency Metropolis Capital Markets ltd, which is impersonating an FCA-authorized agency working beneath the identical model identify.
The clone agency shouldn’t be approved by the FCA and has been giving out false particulars and data in an try to lure purchasers utilizing some right particulars of the real firm.
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The FCA tells customers that “fraudsters normally use this tactic when contacting folks out of the blue, so you have to be particularly cautious you probably have been chilly known as.”
The clone agency is utilizing the handle www.citycapitalmarketsltd.com, with the next contact data:
Deal with: fifth Flooring, eight Angel Courtroom, London, EC2R 7HP
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Phone: 01908 965 002, 03333350600
Electronic mail: firstname.lastname@example.org, email@example.com, firstname.lastname@example.org
A normal incidence within the business
On its half, Metropolis Capital Markets is under no circumstances affiliated or related to the clone agency, and is registered with the UK’s Monetary Conduct Authority (FCA) beneath the Reference Quantity 482324. The unique license holder offers a number of funding providers spanning completely different asset courses, together with shares, FX, CFDs and unfold betting. In distinction, the clone maintains no such background or distinction, with its funding providers not being beneath the mantle of any judicial physique.
The FCA urges people to make the most of its official register to determine the authorization of any agency earlier than coping with it. All people or companies garnering FCA regulation or authorization seem on the register – a easy examine of any agency deemed suspicious is extremely suggested to keep away from falling sufferer to any rip-off.
That is hardly the primary occasion of a clone making an attempt to rip-off people via the deployment of illicit means and convoluted particulars. This Friday, the Monetary Conduct Authority (FCA) introduced one more agency for United Kingdom residents to be careful for – this time it’s Market Gate Coin.