The Swedish Financial Supervisory Authority (Finansinspektionen) has published a public statement in order to warn investors against dealing with an unauthorised firm. “Representatives from DuPont Financial/DuPont FX/DP Global Services Ltd (clone of authorised firm) are using the details of an authorised firm to try to convince people that they work for a genuine, authorised firm.”
The Swedish authority explained to its countrymen that this is called a ‘clone of authorised firm‘ and fraudsters usually use this tactic when contacting people and offer them investment services. Reportedly, representatives from DuPont Financial/DuPont FX/DP Global Services Ltd have contacted Swedish investors and offered them trading in financial investments.
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The watchdog noted that there is no connection whatsoever between the legitimate DuPont company and the unauthorised DuPont Financial/DuPont FX/DP Global Services Ltd entity that is operating in the United Kingdom.
Just two weeks ago, the British Financial Conduct Authority (FCA) issued a warning against the same DuPont Financial/ DuPont FX/ DP Global Services Ltd. The fraudsters were allegedly cold calling people in the UK, trying to convince their targets that they represented a genuine, regulated firm.