Beware of Clones

In recent years, the rise of clone firms has become a growing concern in the financial industry. These fraudulent companies mimic legitimate firms to deceive consumers. UKs Financial Conduct Authority (FCA) issued a warning against three clones on 12 March 2024.

Name: NFG Finance (Clone of Previously Authorised appointed representative)

Address: Churchill Place, London, E14 5EU

Telephone: +442081575015

Email: support@nfgfinance.net,

c.malinowski@nfgfinance.net,

t.gavin@nfgfinance.net,

mia.fin@nfgfinance.net,

e.king@nfgfinance.net,

j.atali@nfgfinance.net

Website: https://www.nfgfinance.vip/

Name: Spindle Trades / spindletrades.com (Clone of FCA Authorised Firm)

Telephone: +15137831244, +4468120247720, +4368120247720

Email: support@spindletrades.com,

spindletrades@gmail.com

Website: https://spindletrades.com/

Name: CoinJarmax / Coinjarpro (Clone of FCA Authorised Firm)

Telephone: +447476349902, 447361346992

Email: support@coinjarmax.com,

support@coinjarespro.com

Website: https://www.coinjarmax.com/, https://coinjarespro.coom/, https://coinjaresos.com/

The FCA warned people not to invest with these brokers. FCA stated that these firms are targeting UK citizens. To protect themselves from falling victim to clone firms, consumers are advised to conduct thorough research before engaging with any company. Checking official registers, contacting regulatory authorities, and being wary of unsolicited communication can help individuals avoid potential scams. By remaining vigilant and informed, consumers can safeguard their finances and personal information from these deceptive practices.

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