FCA warns of Octopus Investments clone firm

Fraudsters using a fake website and email

Isabel Baxter
clock • 2 min read

The Financial Conduct Authority (FCA) has issued a warning over a clone firm impersonating Octopus Investments.

The regulator said fraudsters operating under the name Client.octopus-firm.com had been contacting people while pretending to represent an authorised financial services firm. The warning, published on 30 October, identifies the website used by the scammers as https://client.octopus-firm.com and lists an email address of [email protected]. The FCA said: "This firm is not authorised by us but has been contacting people pretending to be an authorised firm. We call this a clone firm." The regulator stressed that Octopus Investments "has no connection with the clone firm"...

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