On , the Financial Conduct Authority issued a warning regarding RBC Wealth Management/ Royal Bank of Canada Wealth Management (clone firm) (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:
RBC Wealth Management/ Royal Bank of Canada Wealth Management (clone firm) (clone of FCA authorised firm)
Address: Riverbank House, 2 Swan Lane, London, UK, EC4R 3BF
Telephone: 03 4602652636, 06 0124915281, 2031297661, 06 68788 77579, 2074891188, 06 39157015825
Fax: 8721155335, 2089299164
Email: danmac.68@hotmail.com
Other Information: (Clone of trading style of UK FCA Authorised and affiliated Genuine Firms)
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: RBC Investor Services Trust, RBC Investor Services Bank SA, Royal Bank of Canada, RBC Europe Limited, Royal Bank of Canada Investment Management (UK) Ltd, Royal Bank of Canada Investment Management (USA) Limited, RBC Global Asset Management (UK) Limited
Firm Reference Number: 435052, 597866, 124783, 124543, 146504, 186618, 189154
Address: 100 Bishopsgate . London, EC2N 4AA, UNITED KINGDOM
100 Bishopsgate London, EC2N 4AA, UNITED KINGDOM
100 Bishopsgate London, EC2N 4AA, UNITED KINGDOM
100 Bishopsgate London, EC2N 4AA, UNITED KINGDOM
100 Bishopsgate London, EC2N 4AA, UNITED KINGDOM
Riverbank House 2 Swan Lane London, EC4R 3BF, UNITED KINGDOM
77 Grosvenor Street London, W1K 3JR, UNITED KINGDOM
Telephone: 44 02076534000, +4 42070022254, +4 42076534000, +4 42076534000, +4 402076534000, (4 4) 02076534000, +4 402076534000
Email: regulatory@rbccm.com,
Website: www.rbcis.com, https://www.rbcgam.com/en/landing