Lincoln Finance Just Got Cloned
Fraudsters are back with a clone firm mimicking the investment group Lincoln Finance Ltd, targeting people in the UK. Lincoln FX fraudulently claimed to offer forex trading services under the company’s care, according to the Financial Conduct Authority.
The finance brokerage doesn’t offer said service but specializes in retail asset solutions for businesses and private individuals.
www.lincolnfx.capital features the original company’s regulatory license numbers at the foot of each web page. However, the FCA-authorized broker is only available at www.lincolnfinance.co.uk.
Some cloned scams contacted the FCA in past months, claiming to represent regulated firms.
Frauds ask the FCA to change original companies’ contact details because the details were “out of date.” Clone firms aim to make themselves come off as genuine with their own contact and website details to potential victims.
Anyone who chooses the said firm should keep in mind that the regulator won’t be liable for damages. Giving money to unauthorized firms enhances the chances of great losses.
About Lincoln Finance
Twenty years in the financing business helps Lincoln Finance Ltd provide asset finance and leasing for UK businesses. The brokerage claims to deliver “the very best funding options” currently available.
Alongside its FCA registration, the brokerage firm is also a member of the National Association of Commercial Finance Brokers. It’s also registered on the Information Commissioner’s Office under the Protection Register no. Z9301046.
The broker assists investors with hire and lease purchases, finance lease, contract hires, operating lease, refinance, and the like.
By developing close, confidential relationships with banks, finance houses, and private investors, the broker organizes asset finance for each need.
Although the broker gathers specific information from certain information, they have a strict “opt-in” policy with collecting personal data. Their DataProtection Policy describes how they collect, handle, and store information for protection standards in compliance with the law.
