On January 30, 2017, the Financial Conduct Authority issued a warning regarding Broadwood Finance

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 investment scams.

This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.

Broadwood Finance

Email: info@broadwoodfinance.com

Telephone: 0845 299 3928, 0203 865 1438, 0845 299 3228

Website: www.broadwoodfinance.com

Be aware that the scammers may give out other false details or mix these with some correct details of an FCA authorised firm.

FCA authorised firm details

The FCA authorised firm that fraudsters are claiming to work with has no association with the ‘scam firm’. The FCA authorised firm that the ‘scam firm’ is claiming to be associated with is:

Firm Name: Broad Reach Investment Management LLP

Firm Reference Number: 737130

Address: 8 Hanover Street, London, W1S 1YQ

Telephone: 020 7531 2460

Click here to view the FCA's original notice