FCA warns of clone firm

The Financial Conduct Authority has issued a warning about a clone broker firm giving out false details including a website address of brokerexpressltd.com. The regulator said this clone company was not regulated or authorised to carry out insurance business.

The authorised firm being cloned is called Broker Express Limited. The regulator said: “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: Broker Express Limited, Firm Reference Number: 781430, Address: 20 St Dunstan's Hill, EC3R 8HL, United Kingdom, Telephone: +442078461290.”

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