On , the Financial Conduct Authority issued a warning regarding Vanguard Investments / Vanguard Asset Management (clone of FCA authorised firms and FCA recognised products)
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:
Vanguard Investments / Vanguard Asset Management (clone of FCA authorised firms and FCA recognised products)
Telephone: 02033184771, 02032877693, 02036952953, 02031908735, 02031908754, 02070487986, 02070487054, 02074425993, 02070484356, 02071832866, 02031370793, 02071835872, 02031372093, 02071835871, 02031376314
Email: bonds@vanguard-pc.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: Vanguard Investments UK, Ltd
Firm Reference Number: 494699
Address: 4th Floor
The Walbrook Building
25 Walbrook
London, EC4N 8AF, UNITED KINGDOM
Telephone: 442037535600
Email: andrew.colbert@vanguard.co.uk
Website: www.vanguardinvestor.co.uk
Firm Name: Vanguard Asset Management, Ltd
Firm Reference Number: 527839
Address: 4th Floor
The Walbrook Building
25 Walbrook
London, EC4N 8AF, UNITED KINGDOM
Telephone: 442037535600
Email: andrew.colbert@vanguard.co.uk
Website: www.vanguardinvestor.co.uk
Funds cloned by this firm
Details of the genuine funds this clone firm has cloned.
See VANGUARD U.K. LONG DURATION GILT INDEX FUND record on the FS Register
Name: VANGUARD U.K. LONG DURATION GILT INDEX FUND
Fund status: Approved
See Vanguard Sterling Short-Term Money Market Fund record on the FS Register
Name: Vanguard Sterling Short-Term Money Market Fund
Fund status: Approved
See VANGUARD INVESTMENTS FUNDS ICVC record on the FS Register
Name: VANGUARD INVESTMENTS FUNDS ICVC
Fund status: Authorised
See Vanguard LifeStrategy Funds ICVC record on the FS Register
Name: Vanguard LifeStrategy Funds ICVC
Fund status: Authorised
See Vanguard Global Balanced Fund record on the FS Register
Name: Vanguard Global Balanced Fund
Fund status: Approved
See Vanguard Investments Money Market Funds record on the FS Register
Name: Vanguard Investments Money Market Funds
Fund status: Authorised