FCA Issues Navifx Warning
The Financial Conduct Authority (FCA) has issued a warning about a fraudulent firm, Navifx, masquerading as FCA authorised CFH Clearing Limited.
“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.”
Fraudulent firm details
Genuine firm details
Name: CFH Clearing Limited
Firm Reference Number: 481853
Address: 11th Floor, Broadgate Tower, 20 Primrose Street, London, EC2A 2EW, United Kingdom
If you have been contacted by this fraudulent company you should report it to the FCA Consumer Helpline on 0800 111 6768.
If you think your authorised firm has been cloned you should contact the FCA Firm Helpline on 0300 500 0597