On , the Financial Conduct Authority issued a warning regarding Amalgamated Properties Limited (clone of a UK registered company)

In its notification, the FCA said "Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’. ".

The FCA went on to note that

Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.

This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.

You can find out more about this scam tactic and how to protect yourself from clone firms.

Clone firm details

Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

Amalgamated Properties Limited (clone of a UK registered company)

Telephone: 0845 299 3906

Email: info@amalgamatedproperties.com

Website: http://amalgamatedproperties.com/

Please note that this bogus entity has no association whatsoever with the UK registered company Amalgamated Properties Limited (company registration number 00187181). Scammers are falsely claiming the name and address of the UK registered company.The genuine company does not operate a website and does not offer any financial products. Scammers are falsely claiming the name of the UK registered company.


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