CLONE FIRM ALERT

The esteemed regulator of the UK Financial Conduct Authority (FCA) recently exposed a clone firm using all the details of a genuine firm, Wise Wealth Management Ltd. The clone of the firm is called Wise Wealth AI. Here are all the clone firms and the correct details of the firm. Please have a look at them, and stay safe.

Name: wisewealth ai / wisewealth.ai (Clone of FCA Authorised Appointed Representative)

Address: 111 Pine Street, 3991 MACARTHUR BLVD, SUITE 300, San Francisco, CA, UNITED STATES OF AMERICA, 94111

Telephone: +442080973873, +442039962402, +442081570199, +14188000815, 02038077273

Email: support@wisewealth.ai,

andrew.vargas@wisewealth-team.com,

jamie.fletcher@wisewealth-team.com,

jacob.russell@wisewealth-team.com

Website: wisewealth.ai

The correct details are:

Firm Name: Wise Wealth Management Ltd

Firm Reference Number: 925644

Address: 2 Cae'r Nant

Oakdale

Blackwood

Caerffili, NP12 0NZ, UNITED KINGDOM

Telephone: +4407807818616

Email: chris.mcmanus@sjpp.co.uk

Website: www.wisewealthmanagementltd.co.uk

The clone firm is using the details of a legitimate firm to deceive investors. FCA advised people not to invest in this clone firm. Acc. to FCA This firm is not authorized by us but has contacted people pretending to be an authorized firm. The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

Wikifx Review

When we searched wisewealth on Wikifx, We found, its a low-score -Unlicensed broker. Also, to alert customers, Wikifx issued a warning by stating Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

About FCA

The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom but operates independently. On December 19, 2012, the Financial Services Act 2012 received royal assent, and it came into force on April 1, 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintaining the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

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