Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this 'clone firm'.
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:
BlackRock Fund Managers Limited (clone of FCA authorised firm)
Telephone: 02 0 3608 0427, 08 45 528 0677
Other Information: Callers: Harvey Sidhu (clone of genuine approved person Hardeep "Harvey" Singh Sidhu; FCA Individual Reference Number HSS01035) Be aware that the scammers may give out other false details or mix these with some correct details of the authorised 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 product in the UK and its correct details are: Firm name: BlackRock Fund Managers Limited Firm reference number: 119292 Address: 12 Throgmorton Avenue; London; EC2N 2DL Telephone: 020 7743 3000 Fax: 020 7743 1000 Website: www.blackrock.co.uk
Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.
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: BlackRock Fund Managers Limited
Firm Reference Number: 119292
Address: 12 Throgmorton Avenue LONDON, EC2N 2DL, UNITED KINGDOM
Telephone: 44 02077433000
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 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.
If you use an unauthorised firm, you won’t have access to the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) so you’re unlikely to get your money back if things go wrong.
If you use an authorised firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making and the service the firm is providing. If you would like further information about protection, the authorised firm should be able to help.
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.