The UK’s Financial Conduct Authority (FCA) has issued a warning against a fraudulent entity misusing Finalto’s details.
Fraudsters copy the details of FCA-authorised companies to try to convince people that their company is genuine. Finaltos is not authorized by the FCA but has been contacted by people pretending to be an authorized company. This is what the regulator calls a clone company.
Clone Company Details
Name: Finaltos (clone of FCA authorized company)
Phone: 02034558741, 02034558766
Email: onboarding@finaltos.com,
chauncey.boreham@finaltos.com
FCA Authorized Company Details
This is the genuine, authorized company the scammers claim to work for. It has nothing to do with the clone company.
The correct details are:
Company Name: Finalto Financial Services Limited
Company Reference Number: 481853
Address: 11th Floor
Broadgate Tower
20 Primrose Street
London, EC2A 2EW, UNITED KINGDOM
Phone: +442034558751
Email: compliance@finalto.com
Website: www.finalto.com/uk
If you deal with the clone company, you will not have access to the Financial Ombudsman Service if you have a complaint.
You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means you are unlikely to get your money back if the company goes out of business.