Other Scams, Hoaxes and Frauds

cromwellcapital.co.uk - 100% Scam and Cloned FCA License

This website: cromwellcapital.co.uk is totally scam and cloned FCA license. I received confirmation from FCA UK and inform me Cloned Firms.
According to FCA:
"I viewed the firm's entry on our Financial Services Register which shows the firms that we authorise and the activities they carry out. Based on what I saw on their entry, you may be dealing with what we call a 'cloned firm'.

A cloned firm is fraudulent, and they use information that's publicly available (like our Register) to make it seem that they're the genuine firm. The reason I believe you're dealing with a cloned firm is because the firm that we've authorised generally uses its permissions to deal with professional clients and eligible counterparties (this is usually dealing with other businesses). The genuine firm also has permissions to carry out investment activity, and doesn't hold any permissions to provide credit such as a personal loan. Finally, when a consumer takes out a loan in the UK, most firms will recover any fees and charges (or interest) over the term of the loan and not require consumers to pay a fee up front to get the loan."

Report comment

Please login or register to leave a comment…

Thank you for report a misuse case.
Report misuse
Please login or register to vote
0

Please login or register to leave a comment…

Login

Tell your Story

Have you fallen for a hoax, bought a fake product? Share your scam story and help warn others.