On September 3, 2014, the Financial Conduct Authority issued a warning regarding BEL or BEL (UK)

In its notification, the FCA said "We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.".

The FCA went on to note that

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.

However, some firms act without our authorisation and some knowingly run scams like share fraud.

This firm is not authorised by us but has been targeting people in the UK:

BEL or BEL (UK) previously Belgrave Capital Management Ltd (BEL) or BEL Capital Management

Address: 21 Palmer Street, London, SW1H OAD
Adress: 5 Lower Belgrave Street, London SW1W ONR
Tel: +0044 020 7193 5462
Fax: +0044 020 7193 5465
Website: www.belcapital.net, www.belcapitail.com

The following legitimate UK-incorporated FSA registered firm has no association whatsoever with the organisations detailed above:

Belgrave Capital Management Limited (Companies House No: 03105821)
Address: 21 Palmer Street,

London,

SW1H OAD.

Tel: 0207 340 4700

Website: www.belgrave.com

(Please note Belgrave Capital Management Limited previously occupied:

5 Lower Belgrave Street London SW1W ONR)

Click here to view the FCA's original notice