FCA warns for a clone of JB Trade Finance
The Financial Conduct Authority (FCA) has issued a warning to inform investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that they work for a genuine, authorised firm.
According to FCA, this is what a clone firm is and fraudsters usually use this tactic when contacting people out of the blue. FCA urges people to be especially wary if they have been cold called. Fraudsters may use the name of the genuine firm, the ‘firm reference number’ (FRN) the Authority have given the authorised firm or other details.
Below is the details of a clone firm:
Clone firm details
Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:
JB Trade Finance (clone of an EEA authorised firm)
Address: 145 St John Street, London, EC1V 4PW
Telephone: 0203 137 0690
Email: info@jbtradefinance.com
Website: www.jbtradefinance.com
This clone firm is using the details of the EEA authorised firm of the same name.
EEA authorised firm details
This EEA authorised firm is authorised in France and has a service only passport into the UK to provide insurance mediation.
Firm name: JB Trade Finance
Firm reference number: 718474
Address: 9 Avenue Marceau, 75116 Paris 16e Arrondissement, France
Report a clone firm
FCA urges investors and public, if they think they have been approached by an unauthorised or clone firm, or contacted about a scam, they should contact the Authority.
Source: FCA
