FCA warns of Coutts clone

Clone firm trying to convince individuals it is genuine, regulator flags

Isabel Baxter
clock • 1 min read

The Financial Conduct Authority (FCA) has warned that fraudsters are copying the details of Coutts and have contacted individuals while pretending to be the firm.

The regulator said fraudsters under the firm name Coutts Wealth Management have used the false details of legitimate wealth management firm Coutts & Company and have given out false details, including email addresses, telephone numbers, postal addresses and firm reference numbers. According to the warning posted, the clone firm has used the emails [email protected], and [email protected]. The FCA warned that clone firm Coutts Wealth Management is not authorised, and fraudsters copy the details of authorised firms to "convince people that their firm is ge...

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