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Abstract:The Financial Conduct Authority (FCA) issued a warning about a clone firm. Clone firms are unauthorized companies that claim to be associated with legitimate firms in order to deceive consumers.
The Financial Conduct Authority (FCA) issued a warning about a clone firm. Clone firms are unauthorized companies that claim to be associated with legitimate firms in order to deceive consumers. FCA shared the details of Clone and Authorised Firm on its official website. We are providing you a screenshot of this. Have a look and Be Alert.
Name: Venrex Investment Management / Venrex VenturesVenrex (Clone of FCA Authorised Firm)
Address: First Floor Office St James House, 13 KensingtonSquare, London, W8 5HD
Telephone: +442081573232
Email: info@venrex.email
Website: https://www.venrexvc.com/, https://www.vnrx.ventures/, https://www.venrex.email/,
https://www.vnrx.app/, https://www.venrexvc.app/, https://www.venrexvc.com/
The FCA is the regulatory body for financial services in the UK and is responsible for ensuring that firms operate within the law and in the best interests of consumers.While exposing the clone firm. FCA stated that Almost all firms and individuals must be authorised by us if they offer, promote, or sell financial products or services in the UK.
The FCA has advised the public to be cautious and to always check the firm's details on the FCA Register before engaging with them. It is important to be vigilant and to report any suspicious activity to the FCA.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.