On , the Financial Conduct Authority issued a warning regarding VenetFX (Worth.IT Financial Services Ltd t/a venetfx.com; Worth Financial Services; Worth Ltd) (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:
VenetFX (Worth.IT Financial Services Ltd t/a venetfx.com; Worth Financial Services; Worth Ltd) (clone of FCA authorised firm)
Address: 29 Harley Street, London, England , UK, W1G 9QR
Calle Tuset 33, 07-Mar, Barcelona, EU, SPAIN, 8006
Largo S%C3%A3o Carlos, n 3, Lisbon, Portugal, 1200-410
Sisplac 21, CROATIA, Pula 52100
Kotnikova 20, Ljubljana, SLOVENIA, 1000
Suite B, 29 Harley Street, London, England, UK, W1G 9QR
Via XXIV Maggio 47, Rome, ITALY, I-00187
Telephone: 00 35121 23463737, 00 386 70 990 310, 00 385 98 181 7681, 00 4433 0001 0199, 00 39 06 466221, 00 34 93 4281 528
Email: support@venetfx.com
Website: www.venetfx.com, bit4x.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: Worth.IT Financial Services Ltd
Firm Reference Number: 194835
Address: 4 Cromwell Place London, SW7 2JE, UNITED KINGDOM
Telephone: (4 4) 02075847279
Email: info@worthitfs.com
Website: www.worthitfs.com