FCA Warns About Clone Firm Adexec Worldwide Financial Services
- The FCA continues to increase public awareness of scams.
The Financial Conduct Authority, the UK market regulator, has warned the general public about Adexec Worldwide Financial Services which has been soliciting clients while posing as another firm.
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Adexec Worldwide is actually what is known as a ‘Clone Clone A clone refers to a fraudulent attempt by an entity or individual to use the details of an authorized firm in a bid to convince people that they work that firm.This refers to a relatively new tactic that has seen fraudsters using the name, ‘firm registration number’, and address of firms and individuals authorized by regulators to suggest they are genuine. Clones are seemingly primitive techniques, though newly adopted by scammers that have evolved in the information era. As regulators push for A clone refers to a fraudulent attempt by an entity or individual to use the details of an authorized firm in a bid to convince people that they work that firm.This refers to a relatively new tactic that has seen fraudsters using the name, ‘firm registration number’, and address of firms and individuals authorized by regulators to suggest they are genuine. Clones are seemingly primitive techniques, though newly adopted by scammers that have evolved in the information era. As regulators push for Read this Term firm’ as it dupes clients by posing as a firm that has already been authorised by the FCA.
The staff of Adexec Worldwide (www.adexeconlineloansworldwide.us/) have been posing as that of Paul Bannon/Valley Finance (Belfast) Ltd. (www.valleyfinancehomecredit.com/) and soliciting clients. The latter is a firm authorised by the FCA and is allowed to promote and sell services related to finance within the UK.
The FCA has warned the public not to be misled by such false claims - they can check the FCA website which features an updated list of authorised firms. The public is also advised to immediately report clone firms via email or the reporting form on the FCA website.
Financial regulators worldwide warn the public regularly about scam companies operating in their jurisdictions to ensure that the financial industry remains a healthy and efficient environment.
The Financial Conduct Authority, the UK market regulator, has warned the general public about Adexec Worldwide Financial Services which has been soliciting clients while posing as another firm.
[gptAdvertisement]
Adexec Worldwide is actually what is known as a ‘Clone Clone A clone refers to a fraudulent attempt by an entity or individual to use the details of an authorized firm in a bid to convince people that they work that firm.This refers to a relatively new tactic that has seen fraudsters using the name, ‘firm registration number’, and address of firms and individuals authorized by regulators to suggest they are genuine. Clones are seemingly primitive techniques, though newly adopted by scammers that have evolved in the information era. As regulators push for A clone refers to a fraudulent attempt by an entity or individual to use the details of an authorized firm in a bid to convince people that they work that firm.This refers to a relatively new tactic that has seen fraudsters using the name, ‘firm registration number’, and address of firms and individuals authorized by regulators to suggest they are genuine. Clones are seemingly primitive techniques, though newly adopted by scammers that have evolved in the information era. As regulators push for Read this Term firm’ as it dupes clients by posing as a firm that has already been authorised by the FCA.
The staff of Adexec Worldwide (www.adexeconlineloansworldwide.us/) have been posing as that of Paul Bannon/Valley Finance (Belfast) Ltd. (www.valleyfinancehomecredit.com/) and soliciting clients. The latter is a firm authorised by the FCA and is allowed to promote and sell services related to finance within the UK.
The FCA has warned the public not to be misled by such false claims - they can check the FCA website which features an updated list of authorised firms. The public is also advised to immediately report clone firms via email or the reporting form on the FCA website.
Financial regulators worldwide warn the public regularly about scam companies operating in their jurisdictions to ensure that the financial industry remains a healthy and efficient environment.