On August 25, 2016, the Financial Conduct Authority issued a warning regarding European Value Partner Advisors (EVPA) (cloned firm)

In its notification, the FCA said "We believe fraudsters are using the details of an authorised firm to try to convince people that they are genuine. See how to protect yourself from scammers of this ‘cloned firm’. ".

The FCA went on to note that

We have received reports that fraudsters are using the name or other details of a genuine firm, or the ‘firm reference number’ (FRN) we give to authorised firms, to try to scam people in the UK.

This is what we call a 'cloned firm', and fraudsters are using this tactic to make their claims seem genuine or to suggest they work for an authorised firm.

Cloned firm

The details that scammers are using or giving out to people include:

European Value Partner Advisors (EVPA) (Clone of FSA EEA authorised firm)

Address: 49 Tilney Street, London, W1J 7AL
Tel: +44 (0) 20 3051 5261
Website: www.europeanvaluepartneradvisors.com

Genuine firm

This genuine firm has no association whatsoever with the ‘cloned firm’. It is authorised to offer, promote or sell financial services or products in the UK:

European Value Partners Advisors S.a.r.l.

Firm reference number: 503470

Address: 534, rue de Neudorf, L-2220 Luxembourg

Click here to view the FCA's original notice