FCA Warns Against Clone Firm Mayfair Capital Markets

[kreslik.news]

Another day, another dollar. Except, in the financial industry, it’s more like another day, another scam. Today, the Financial Conduct Authority (FCA) has yet again updated its warning list to add a new contender.

This time, it’s Capital Markets, which goes by the name of Mayfair Capital Markets. According to the warning from the FCA, the entity is a so-called clone firm, that is, a company which fraudulently copies details of a legitimate company to trick people into parting with their hard-earned cash.

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