FCA warns of Flagstone clone

Notice issued to alert consumers

Jenna Brown
clock • 3 min read

The Financial Conduct Authority (FCA) has warned consumers about a clone of investment management firm Flagstone.

A warning on the regulator's website highlighted that a clone of Flagstone Investment Management was trying to dupe potential clients. The FCA highlighted that "fraudsters" were using the following details to scam people: Name: Flagstone Investment Management (a clone of an FCA-authorised firm) Email: [email protected], [email protected], and [email protected] The FCA warned: "The clone firm detailed above is using the previous registered name of the FCA authorised firm. "Scammers may give out other false details, including email addresses, telephon...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Appointed representatives: Are you really in control of the risks?

Appointed representatives: Are you really in control of the risks?

'The FCA doesn't just want oversight, it wants evidence'

Paul Bruns
clock 06 October 2026 • 7 min read
Manchester City charges: Treasury Committee chair raises tax questions with HMRC

Manchester City charges: Treasury Committee chair raises tax questions with HMRC

As Tax Policy Associates points to potential £12m in unpaid tax

Jen Frost
clock 02 October 2026 • 2 min read
'Waiting for certainty can itself create the breach': When must a firm notify the FCA?

'Waiting for certainty can itself create the breach': When must a firm notify the FCA?

'A voicemail is unlikely to suffice'

Gareth Fatchett
clock 02 October 2026 • 5 min read