11/11/2024 | Press release | Distributed by Public on 11/11/2024 08:15
Fraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn't deal with this clone firm.
Almost all firms and individuals must be authorised by us to carry out or promote financial services in the UK.
This firm is not authorised by us but has been contacting people pretending to be an authorised firm. This is what we call a clone firm.
Search our Warning List for other unauthorised and clone firms we're aware of.
Fraudsters are using the following details to scam people:
Name: Hedge Funds Limited (Clone of FCA authorised firm)
Address: 69 buchanan st, Glasgow (CPD243022), SCOTLAND, G1 3HL
Telephone: +447384326799, +447405896873
Email: [email protected]
Website: hedgefundslimited.com
Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and Firm Reference Numbers.
They may mix these details with the genuine details of authorised firms.
They may also change their contact details over time.
This is the genuine, authorised firm that the fraudsters are claiming to work for. It has no connection with the clone firm.
The correct details are:
Firm Name: Hedge Funds Investment Management Ltd
Firm Reference Number: 449528
Address: 30 Crown Place
London, EC2A 4EB, UNITED KINGDOM
Telephone: +442079654718
Email: [email protected]
Website: www.hfim.com
If you deal with this firm, you won't have access to the Financial Ombudsman Service if you have a complaint.
You also won't be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it's unlikely you'd get your money back if the firm goes out of business.
You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong.
You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it's offering you.
You'll also be able to find:
If you're contacted unexpectedly by a financial business or individual, make sure you reply using the contact details on the FS Register.
Find out more about how to protect yourself from scams.
If you think you've been approached by an unauthorised or clone firm, call us on 0800 111 6768, or use our contact form.