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:
JB Trade Finance (clone of an EEA authorised firm)
Address: 145 St John Street, London, EC1V 4PW
Telephone: 0203 137 0690
Email: [email protected]
This clone firm is using the details of the EEA authorised firm of the same name.
EEA authorised firm details
This EEA authorised firm is authorised in France and has a service only passport into the UK to provide insurance mediation.
Firm name: JB Trade Finance
Firm reference number: 718474
Address: 9 Avenue Marceau, 75116 Paris 16e Arrondissement, France
Report a clone firm
If you think you have been approached by an unauthorised or clone firm, or contacted about a scam, you should contact us. If you were offered, bought or sold shares, you can use our share fraud reporting form.
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.