On , the Financial Conduct Authority issued a warning regarding Quest Financial Management (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:

Quest Financial Management (clone of FCA authorised firm)

Address: Floor 22-26, 1 Canada Square, London, UK, E14 5AX

International Financial Centre, Tower 42, 25 Old Broad Street, London, UK, EC2N 1HQ

Telephone: 02 03 318 4095, 02 03 318 2627, 02 03 318 0374/ 0203 318 0734

Fax: 02 03 318 4479

Email: masonquest@execs.com,

phillier@execs.com

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: Quest Financial Management Limited, Quest Financial Solutions Limited

Firm Reference Number: 447970, 479581

Address: A F H House Buntsford Drive Stoke Heath, B60 4JE, UNITED KINGDOM

29-31 Castle Street High Wycombe Buckinghamshire, HP13 6RU, UNITED KINGDOM

Telephone: (4 4) 01527577775, (4 4) 1494685620

Email: alex@afhgroup.com,

ian.mckenary@questfinancialsolutions.co.uk

Website: www.quest-fm.co.uk


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