The Financial Conduct Authority, UK’s market regulator, has issued a warning against a company called Standard Chartered Mutual Services.
The unauthorized firm uses the name of bank Standard Chartered, which is an authorized financial market operator. It is headquartered in Hong Kong, unlike the actual Standard Chartered whose headquarters are in London.
The FCA warned: “Fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) we have given the authorised firm or other details.”
Going Past the Great Wall: Things to Consider When Entering the Asian MarketGo to article >>
The address given by the fraudulent company is:
Standard Chartered Mutual Services
Address: Room 1203 12/f, Block 3, 33 Canto Road, China Hong Kong City, Hong Kong
Fax: 02080825730, 02080825743