FCA Warns of Fraudsters Masquerading as Scottish Widows Limited
The Financial Conduct Authority (FCA) has issued a warning about a fraudulent firm, Scottish Widows, masquerading as FCA authorised Scottish Widows 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
Name: Scottish Widows
Telephone: 0208 064 0442
Genuine firm details
Name: Scottish Widows Limited
Firm Reference Number: 181655
Address: 69 Morrison Street, Edinburgh, Midlothian, EH3 8YF, United Kingdom
Firm Name: Scottish Windows Unit Trust Managers Limited
Firm Reference Number: 122129
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