Fraudsters create fake Shawbrook scam account
Fraudsters have created a fake Shawbrook Bank account to scam people by trying to convince them that they work for the real Shawbrook, The FCA has warned.
The con artists have been using the details of Shawbrook Bank Ltd, a clone of FCA regulated firm Shawbrook Bank Limited, and an email address of: ‘email@example.com’ and number of: 0127 742 4925.
The FCA said fraudsters usually use this tactic when contacting people out of the blue, so people should be wary about being cold called.
They may use the name of the genuine Shawbrook, the ‘firm reference number’ (FRN) the FCA has given the authorised firm or other details.
They said: “Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’.
“Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
“This is what we call a ‘clone firm’; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) we have given the authorised firm or other details.”
You can find out more about this scam tactic and how to protect yourself from clone firms.