On October 3, 2013, the Financial Conduct Authority issued a warning regarding One Option Finance Ltd (Clone of FCA authorised 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 ‘clone 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 'clone firm', and fraudsters are using this tactic to make their claims seem genuine or to suggest they work for an authorised firm.

Clone firm

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

One Option Finance Ltd

Email: one.option@yahoo.co.uk
Telephone: 07938 638 835

Genuine firm

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

One Option Finance Ltd

Firm reference number: 474933
Address: 151 London Road, Blackburn, Lancashire BB1 7LZ
Telephone: 01254 421 851

Click here to view the FCA's original notice