FIVE FRAUDULENT FIRMS EXPOSED

The Financial Conduct Authority (FCA) warned the public against five fake firms. The FCA has raised concerns about the company's operations and has advised individuals to be cautious when dealing with them.

Name: Acal Capital / acal-capital.co.uk (Clone of FCA Autlhorised Firm

Telephone: 02035765747, 02078460034

Email: accounts@acalcapital.com

Website: https://www.acal-capital.co.uk/

Name: Hiltop Capital

Address: Yardley Wood Road, Billesley, Birmingham, UNITEDKINGDOM, B13 OHY

Telephone: +447737730792

Email: support@hiltop-capital.com

Website: www.hiltop-capital.com

Name: MSD Finance and Legal Services / msdfinanceandlegalservices.com

Address: 17 Duke Street, Formby, Liverpool, UNITED KINGDOM, L37 4AN

Telephone: 01514536757

Email: admin@msdfinanceandlegalservices.com

Website: https://msdfinanceandlegalservices.com

Name: Financial Consultants and Management Ltd (clone of FCA authorised firm)

Telephone: +447554879083

Email: info@finconsultmanagement.com,

conormurphy@finconsultmanagement.com

Website: https://finconsultmanagement.com

Name: ALIFEXTRADE

Address: 76 Knowl Piece, Hitchen, Hertfordshire, UNITED KINGDOM, SG4 OTY

Email: admin@alifex-trade.com

Website: www.alifex-trade.com

The authority stated that Almost all firms and individuals must be authorized by the authority to carry out or promote financial services in the UK. The FCA has issued warnings to the public, urging them to be cautious and vigilant when dealing with brokers and to thoroughly research and verify the credentials of any broker before investing.

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.

About FCA

The Financial Conduct Authority (FCA) is a regulatory body in the UK that oversees financial markets and firms to ensure they operate fairly and transparently. The FCA's role includes supervising financial institutions, enforcing regulations, and protecting consumers from financial harm. The authority also works to promote competition in the financial industry and to maintain the integrity of the UK's economic system.

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