On , the Financial Conduct Authority issued a warning regarding Cash Flex (clone) (clone of FCA authorised firm)

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:

Cash Flex (clone) (clone of FCA authorised firm)

Telephone: 08 00 046 5298/ 0800 046 5295, 01 61 818 8260, 02 03 129 1332

Email: mail.cashflex@aol.com,

fund@collector.org,

cashflex@mail.com

Other Information: www.cashflex.co.uk is the trading name of Digitinony Limited; an FCA authorised firm (IP 658817). This clone firm is in no way affiliated with Digitonomy Limited. FCA authorised firm's details: Digitonomy Limited Address: The Steam Mill Business Centre; Steam Mill Street; Chester; Cheshire; CH3 5AN Telephone: 01244 888 880 Website: www.cashflex.co.uk Email: info@cashflex.co.uk

Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.

FCA authorised firm details

This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:

Firm Name: Digitonomy Limited

Firm Reference Number: 690249

Address: The Steam Mill Business Centre Steam Mill Street Chester Cheshire, CH3 5AN, UNITED KINGDOM

Telephone: +4 401244888880

Email: tim@digitonomy.com


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