Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.
You can find out more about this scam tactic and how to protect yourself from clone firms.
Clone firm details
Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:
Altium Patrimoine (clone of FCA authorised firm)
Address: 30 James's Square, London, SW1Y 4AL; 1 Southampton Street, London, WC2R 0LR; Belvedere, Street Booth, Manchester, M2 4AW 640 Fifth Avenue, New York 10019; Pacific Century Place Marunouchi 11-1 Marunouchi 1-Chome Chiyoda-ku, Tokyo, Japan; Possartstrasse 13 - 81679, Munich, Germany; 01-109, DLF WeWork DLF Forum Cybercity, Phase III Gurugram HR, 122002, New Delhi, India
Telephone: +44 203 51 922 96; 0971070117
Be aware that the scammers may give out other false details or mix these with some correct details of the registered firm.
FCA authorised firm details
This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:
Firm Name: GCA Altium Ltd
Firm Reference Number: 116310
Address: UK Addresses: 1 Southampton Street, London, WC2R 0LR; 9th Floor, No.1 Spinningfields, 1 Hardman Square, Manchester M3 3EB; One Park Row, Leeds, LS1 5HN
Telephone: UK Telephone numbers: +44 20 7484 4040; +44 845 505 4343; +44 845 505 4302
Email: [email protected]
The authorised firm operates in a number of countries. A list of all offices can be found at https://gcaaltium.com/contact/
How to protect yourself
We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are. It has information on firms and individuals that are, or have been, regulated by us.
If you want to check a consumer credit firm that may not yet have been authorised by us, please also check the Interim Permission Register.
If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.
There are more steps you should take to avoid scams and unauthorised firms.
You should also be aware that if you give money to an unauthorised firm, you will not be covered by the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.
Report a clone firm
What to do if your firm is cloned
If you think your authorised firm has been cloned or scammers are fraudulently using your name or other details, contact our Firm Helpline on 0300 500 0597.
Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.