The Financial Conduct Authority (FCA) earlier today published a warning regarding Credence Financial Earnings Ltd / Credence Trade, a company which is targeting investors in the UK using a fraudulent technique known as “cloning”.
Credence Trade, which offers a raft of services in the area of investments, including binary options, is misusing the details of an authorized company: CFE (UK) Ltd.
The FCA notes that the clone firm is not authorized to offer investment services in the UK and that this firm is in no way associated with CFE (UK) Ltd, which has a license from the FCA.
Clone firm details
Credence Financial Earnings Ltd / Credence Trade
Address: 4 Lansdowne Row, Mayfair, London, W1J
Telephone: 020 3695 9879
Email: [email protected]
FCA authorised firm details
Firm name: CFE (UK) Ltd
Firm reference number: 599241
Address: 3 More London Riverside, London, SE1 2RE
Telephone: 020 7936 0580
Fax: 020 7936 2844
To view the official warning by the FCA, click here.