FCA warns against CFI HK Group (Clone of FCA authorised firm)
CFI HK Group is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm. Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by the FCA.
Clone firm details
Address: 66F, International Financial Centre, 8 Financial Street, Central, Hong Kong
Firm Reference Number: 602588
Telephone: +852 51368538
Email: info@cfi-hk.net
Website: http://www.cfihongkong.com
FCA authorised firm details
Firm Name: Credit Financier Invest Limited
Firm Reference Number: 828955
Address: 16 Berkeley Street, London, W1J 8DZ
Telephone: +44 2039074131
Email: uk@cfifinancial.com
Website: www.cfifinancial.com/uk
How To Protect Yourself From Scams
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.
