On , the Financial Conduct Authority issued a warning regarding Marc Hermann Wealth Management (clone)

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 detals as part of their tactics to scam people in the UK:

Marc Hermann Wealth Management (clone of EEA authorised firm)

Address: The Shard, 32 London Bridge Street, London SE1 9SG

Telephone: 02031297705

Email: info@mhwealthmanagement.com

Website: www.mhwealthmanagement.com

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

EEA authorised firm details

This EEA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. Its correct details are:

Firm Name: Marc Hermann

Firm Reference Number: 723339

Address: 34 Rue de l'Orangerie, 78000 Versailles, France


© regulatorwarnings.com

Regulator Warnings Logo