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Abstract:It is the era of clones. Anyone may pretend to be anything and deceive others rapidly. Even the most genuine firms become prey to it. Recently, FCA exposed a clone firm attempting to impersonate well known Morgan Financial Ltd.
It is the era of clones. Anyone may pretend to be anything and deceive others rapidly. Even the most genuine firms become prey to it. Recently, FCA exposed a clone firm attempting to impersonate well known Morgan Financial Ltd. The authority provided all the essential information about clone and the genuine firms.
Name: Morgan Financial Group LTD (clone of FCA authorised firm)
Website: https://morganfnncl.link
The correct details are:
Firm Name: Morgans Ltd
Firm Reference Number: 159488
Address: 41 Gay Street
Bath
Avon, BA1 2NT, UNITED KINGDOM
Telephone: +4401225429471
Email: info@mfgl.com
Website: www.mfgl.com
According to FCA Fraudsters copy the details of authorised firms to try and convince people that their firm is genuine. The authority has highlighted that Morgan Financial Group LTD is not authorised by FCA but has been contacting people pretending to be an authorised firm and is operating without their authorization.
Review
When we searched for MORGANS on WiKiFX, We found WiKiFX issued a warning against it by claiming,
Warning: Low score, please stay away!
This broker exceeds the business scope regulated by Australia ASICC(license number: 235410)Investment Advisory Licence Non-Forex
License. Please be aware of the risk!
The current information shows that this broker does not have trading software. Please be aware!
ABOUT MORGAN FINANCIAL GROUP LIMITED
Morgan Financial Group Limited was founded in 1992 following a management buyout from Morgan Insurance Brokers Limited of Staffordshire, a company that had traded since 1950. The Group has achieved healthy growth since its inception and is now recognised as one of the UK's premier financial services businesses.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.