FCA warning against clone firm 

FCA_regulator

The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that:

Fraudsters are using or giving out the following details as part of their tactics to scam people:

Clone firm details

UBS Wealth Management / UBS Global Wealth Management (imitating the name of a business division of an FCA authorised firm)

Address: 21 Lombard Street, London EC3V 9AH (cloning the address of an FCA authorised firm)

Telephone: 0207 060 3881

Website: www.ubs-gwm.com, www.ubs-gam.com

Email: info@ubs-gwm.com, info@ubs-gam.com

Be aware that the scammers may give out other false details or mix these with some correct details of the authorised firm.

In this instance, scammers are claiming to work for “UBS Wealth Management and UBS Global Wealth Management”. UBS Wealth Management is a business division of UBS AG, of which the genuine details are below.

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 product in the UK and its correct details are:

Firm name: UBS AG
Firm reference number: 186958
Address: 1 Finsbury Avenue, London, EC2M 2PP
Telephone: 020 7567 8000
Website: www.ubs.com

Source: Financial Conduct Authority (FCA)

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