On , the Financial Conduct Authority issued a warning regarding Jabac Finances Limited (clone) (clone of FCA authorised 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:
Jabac Finances Limited (clone) (clone of FCA authorised firm)
Email: loans@jabacfinancesltd.com
Website: http://www.jabacfinancesltd.com
Other Information: Please note that fraudsters are claiming the name; address; and company number of Jabac Finances Limited. They are operating a fraudulent website www.jabacfinancesltd.com. The authorised firm (FRN 723536) has no association with the clone website or clone company and does not advertise its services on-line. If you wish to contact the real Jabac Finances Limited; the authorised firm; then please use their given email address of info@jabac.net or telephone them on 0208 357 2727.
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: Jabac Finances Limited
Firm Reference Number: 723536
Address: Lynwood House 373-375 Station Road Harrow, HA1 2AW, UNITED KINGDOM
Telephone: +4 402083572727
Email: paul@jabac.net