In November, the UK Financial Conduct Authority (FCA) warned the public about the activities of clone companies impersonating authorized financial services provider Plus500UK Ltd.
FCA warns clone firm impersonating Plus500UK
This clone company is a fraudulent entity operating under the name www.plus500un.com, falsely claiming to be the authorized company Plus500UK Ltd.
Clone company details
Name: www.plus500un.com (a clone of an FCA authorized company)
Website: www.plus500un.com
Scammers may provide other false details including email addresses, phone numbers, postal addresses and company reference numbers. They may mix these details with the authentic details of the authorized company.
This isn’t the first time the Plus 500 has been cloned. Back in May, the FCA issued a warning about “FX Plus500,” a clone of UK FX/CFD broker Plus500. The FCA stressed that the clone company was not authorized and operated under the website "www.fxplus500.co.uk".