The FCA has issued a public warning about an unauthorised funding agency referred to as Charles Dickins Ltd (sic) which can be offering or selling monetary providers merchandise with out permission.
The watchdog says shoppers ought to, “keep away from coping with this agency and watch out for scams.”
It’s not believed the agency has any connection to the property of well-known writer Charles Dickens.
The FCA says the agency, which has two addresses within the UK, has not been authorised by the regulator and could also be focusing on folks within the UK.
The web site for the agency was nonetheless reside this morning stating it specialises in “buying and selling, investments and insolvency.”
The corporate’s web site provides: “Charles Dickins is a diversified organisation that gives varied monetary and funding providers in another a part of the world. Since we had been based now we have supplied and proceed to supply progressive funding choices coupled with worth added providers in monetary providers area. (sic)”
The agency claims to supply ‘safety’, ‘dispute regulation’ and ‘portfolio progress.’
The agency’s web site has a warning on the backside of the homepage, nonetheless, that: “Charles Dickins don’t take care of or promote regulated funding merchandise and isn’t authorised or regulated by the Monetary Conduct Authority (FCA).”
The 2 addresses within the UK utilized by Charles Dickins Ltd are: Lengthy Barrow Stow Street, Baunton, Cirencester, GL7 5E and 24a Greville Road, Farrigdon, EC1N 8SS. The web site tackle is: https://charlesdickinsam.co.uk/.
The agency is utilizing a UK registered firm quantity: CRN:00189860.
The FCA warned that: “Some companies could give incorrect contact particulars, together with postal addresses, phone numbers and e mail addresses. They could change these contact particulars over time. They could additionally provide you with particulars that belong to a different enterprise or particular person, so the knowledge appears real.”
The regulator warns that anybody shopping for investments from an unauthorised agency would haven’t any entry to the Monetary Ombudsman Service and won’t be protected by the Monetary Providers Compensation Scheme (FSCS) if issues go fallacious.
The FCA has additionally reiterated its warning that buyers ought to solely take care of monetary companies authorised by the FCA. The agency has been added to the FCA register as an unauthorised agency.
Charles Dickins Ltd has been requested for remark.