Financial alerts about alleged bogus firms offering unauthorised advice has been published this week by government regulators worldwide.
Warnings about bogus advisers – Worldwide
Bogus adviser alerts on the International Organisation of Securities Commissions web site:
- Forex Consulting GmbH – Switzerland
- Ouroboros Derivatives Trading Ltd – Canada
- Anyoption Ltd., Anyoption Payment Services Ltd. and/or Anyoption Holdings- Canada
- Broker Capital (Belize) Limited (formerly Island Bay Services Limited) – Canada
- SpotFN LLC – Canada
- Williamson Advisors Ltd – USA
- Wheeler Consultancy – USA
- West Capital Partners Inc – USA
- Wade and Wiley Consultancy – USA
- Vpoint LLC aka Vantage Point Investment Advisors – USA
- Van Der Hout, Parker & Price LLP – USA
- Universal Equities Consolidated LLC – USA
- United Tax Strategies – USA
- UnitedOne Partners Inc – USA
- Union Street Partners – USA
- The ICON Group – USA
- Taxwise Consultants – USA
- Tax Strategies Ltd – USA
- Tate, Aron, and Madden LLP – USA
- Synergy Ventures Inc – USA
- Strategic Private Equity LLC – USA
- Smith and Lincoln LLC – USA
- Robinson Capital Partners – USA
- Powell Financial Services – USA
- Pan American Acquisition Group – USA
- Newcastle Trust, Ltd – USA
- Myers and Baker Associates – USA
- Midal Consulting Co – USA
- Meister VI – Meister Ventures Inc – USA
- Martin Curtis Smith Group Limited Global Law – USA
- Marcus KPO Services LLC – USA
- Macro Acquisitions LLC – USA
- Longworth and Richman Law Group – USA
- Logan Acquisitions – USA
- Lloyds Commercial Finance – USA
- Liberty Ventures Holding Inc – USA
- Lee Grant Morrison – USA
- Lead Global Ltd – USA
- Lansley, Everett & Moore LLC – USA
- Kinetic Escrow Trust – USA
- Keystone Corporate Group – USA
- IPO Securities Litigation – USA
- Howard, James & Watson LLC – USA
- Greenberg International Law & Tax Advisory – USA
- Graham Morrison Wilson – USA
- Global Securities Service Group – USA
- Frost Capital Partners – USA
- Financial Fraud Examiners – USA
- Factor Private Equity LLC – USA
- Ellipse Trading – USA
- Dumont Private Equity – USA
- Dial Mergers – USA
- DB Yates & Associates – USA
- David, Scott & Allen PLLC – USA
- Cover Capital Partners – USA
- Clifton Capital Partners LLC – USA
- CLC Acquisition Corp – USA
- Celivox Alliance – USA
- CC Wealth Ltd – USA
- Burton Capital Partners – USA
- Bank Guarantee Funding – USA
- Atlantic Group Securities and Exchange Commission – USA
- American First Securities – USA
- 1st American Securities – USA
- Duval Capital & Asset Management Group – Switzerland
- Global Markets Ltd (Interactive Company Ltd) – Spain
- Broker Group / Broker Capital – Spain
- Broker Capital (Belize) – Spain
- Safecap Investments Limited – Brazil
- Peston & Sons Securities – Belgium
- Jones Shaw Capital Partners – Belgium
- Neuberger and Co – Belgium
- Wealth Management – Belgium
- Arian Financial (cloned firm) – Belgium
- Dashan International – Belgium
- Norikura-Global, Seattle Mercantile Exchange – Belgium
- Dalerich Ltd – Belgium
- Original-Kreditbox AG – Switzerland
In addition, the French financial regulator has published a list of hundreds of unauthorised firms offering binary financial options
Warnings about bogus advisers – UK
The Financial Conduct Authority (FCA) web site has these warnings this week:
- AT Brokers (clone)
- Temple Crown International
Dealing with an unregulated firm
If you buy shares, save money or invest with an unregulated firm, you lose any protection offered by the Financial Ombudsman and the Financial Services Compensation Scheme. Broadly, you have no independent place to complain if the deal goes wrong and are unlikely to win any compensation.
Checking if a firm is regulated
Go to the Financial Services Register to check if a firm is regulated in the UK.
Reporting a suspected bogus adviser
Find out how to report unauthorised advisers on the FCA web site
