FCA Flags Latest Unauthorized Service Providers, Warns Against Olsson Capital
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FCA Flags Latest Unauthorized Service Providers, Warns Against Olsson Capital
The Financial Conduct Authority (FCA) has updated its blacklist of companies that are illegally conducting financial services targeting UK residents.
The newly-listed entity is called Olsson Capital, which operates as a CFD, forex and cryptocurrency brokerage. Reviewing the company’s website didn’t yield much valuable information regarding its operation except for the usual claim of being a leading investment firm.
The City watchdog located the unauthorized company via its website www.olssoncapital.com, which lists several contact details including a UK phone number. Olsson Capital’s address is allegedly based out of Bulgaria, located at Carter Enterprises OU, 85 James Bouchier Blvd., Sofia.
Olsson Capital’s ... (read more)
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