Clone Firm Alert!!

UK's watchdog, the Financial Conduct Authority (FCA), exposed a clone firm on January 7, 2023. The firm's name is The TM Stockwell Fund. According to the FCA, this is a fund set up in the UK that is available for investment. The clone firm defames the genuine firm and uses its details to dupe the money.

Name: thetmstockwellfund.com (Clone of FCA Recognised Product)

Address: Suite 93, 101 Greenfield Rd, London, E1 1EJ

N/, N/

Email: jasongoldman@thetmstockwellfund.com,

allydemet@thetmstockwellfund.com,

support@thetmstockwellfund.com,

raymondlewis@thetmstockwellfund.com,

georgeduarte@thetmstockwellfund.com

Website: https://thetmstockwellfund.com/

The Authority shared the correct details of the firm too.

According to the FCA, almost all firms and individuals must be authorised by the authority to carry out or promote financial services in the UK. However, this firm does not follow the rules and sells its products and services illegally. The FCA warned people that they should avoid dealing with this firm and beware of scams.

Review

When we searched for THE TM STOCKWELL FUND broker on Wikifx. We found that Wikifx also issued a warning against it by claiming, Warning: Low score, please stay away! It has been verified that this broker currently has no valid regulation. Be aware of the risk! This broker is marked as No License on Wikifx.

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