PCPHero / motorrefunds.co.uk (clone of FCA authorised firm) (new)
Why this matters
The FCA warns consumers that PCPHero / motorrefunds.co.uk is a clone of the authorised firm Bamboo Marketing NW Limited (FRN 930314) and is not connected to it. The page lists fraudulent contact details, explains the lack of Financial Ombudsman and FSCS protection, and points to the PSR reimbursement regime for payments made on or after 7 October 2024. The text names no specific financial product, so sector is General. Topics are Consumer Protection (the loss of redress and protections) and AML / Financial Crime (active impersonation fraud). Urgency is high because the scam is live and consumers may be sending money now.
AI-generated classification rationale, not a full analysis. Verify with the original FCA source before acting. Full disclaimer.
What the FCA said
CloneFraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn’t deal with this clone firm. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised…
Extract from FCA . Read the full notice at the source for the authoritative text.
Context
Financial Conduct Authority (FCA) — UK financial services regulator. We track 797 updates from them.
Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.
This update is classified under Consumer Protection / Conduct, AML / Financial Crime and General.