British regulatory authority warns that a bogus website is operating which unlawfully uses the same name as global investment giant BlackRock, as well as the firm's FCA registration number
Read moreLeapRate's loyal readers must already be somewhat accustomed to the Financial Conduct Authority (FCA) issuing warnings against clones of authorized online trading companies. Some of the cases the UK watchdog tackles, however, are quite stunning and today presented us with one of these. Representatives of Tradignition, a binary options broker soliciting UK clients, are falsely…
Read moreThe Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…
Read moreThe dubious practice of cloning the website and corporate identity of British firms continues, this time with FXCFSE attempting to dupe clients in the Asia Pacific region into investing by emulating genuine firm Cargill Financial Services Europe Ltd
Read moreThe practice of cloning is alive and well among unregulated entities wishing to dupe clients from the Asia Pacific region into investing on the premise that they are becoming a client of an established London-based company. The FCA has pointed out yet another example of imitation, and advises caution
Read moreWith a number of bogus websites attempting to dupe customers, Alpari issues a public warning to potential investors to clarify no connection between itself and the array of sites.
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