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Abstract:The Renowned Authority, the Financial Conduct Authority (FCA), warned against a clone firm called VERTEMASSET MANAGEMENT. It is a clone firm that has been impersonating a legitimate company,
The Renowned Authority, the Financial Conduct Authority (FCA), warned against a clone firm called VERTEMASSET MANAGEMENT. It is a clone firm that has been impersonating a legitimate company, deceiving customers, and potentially engaging in fraudulent activities. Here is a screenshot of Clone Firm. You may see it and be alert. The FCA's investigation revealed that the clone firm was using the name and details of the genuine company to gain the trust of unsuspecting individuals. Also shared the authorised Firm details too.
Name: VERTEMASSET MANAGEMENT / https://vertemasssetmanagement.com (Clone of FCA Authorised
firm's trading name)
Address: Cobalt 8, 14 Silverfox Way, Cobalt Business Park, Newcastle upon Tyne, UNITED KINGDOM,
NE27 OQJ
Telephone: +441913410232
Email: info@vertemassetmanagement.com
Website: https://vertemassetmanagement.com/
The correct details are:
Firm Name: WealthTek LLP
Firm Reference Number: 832264
Address: Shane Crooks
BDO LLP
55 Baker Street
London, W1U 7EU, UNITED KINGDOM
Telephone: 441913410289
The FCA warned the public to be cautious and vigilant when dealing with financial firms, urging them to verify the authenticity of any company before engaging in any financial transactions.The Authority has advised investors to avoid such brokers and to report any suspicious activity to the authorities. FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.
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