4 Firms Named by FCA for Operating Without Authorisation or Impersonating Licensed Companies

The UK Financial Conduct Authority (FCA) has issued fresh consumer warnings against four entities found to be operating without authorisation or falsely presenting themselves as regulated firms. These cases include both unlicensed businesses and clone firms — entities that deliberately mimic authorised companies to gain investor trust. The following summaries provide details on each firm and the nature of their misconduct, as outlined in the FCAs alerts.

Liontrustfunds.email: A Clone Firm Impersonating a Licensed Company

According to the FCA, fraudsters are using the domain liontrustfunds.email to impersonate the authorised firm Liontrust Fund Partners LLP (FRN: 518165). They use fake email addresses including vincent.michels@liontrustfunds.email, christopher.novak@liontrustfunds.email, and dominik.cruz@liontrustfunds.emailto deceive potential investors. The real Liontrust firm has no connection to these impersonators.

Harmony FX Pro Org: Unauthorised Financial Operator

Operating via the website harmonyfxpro.live, this firm falsely presents itself as a legitimate trading platform. Its listed address—22 Chancery Ln, London—is unverifiable, and emails such as support@harmonyfxpro.live are used to communicate with potential victims.

GreenTurf Invest: Operating Without FCA Approval

GreenTurf Invest promotes itself via greenturfinvest.com, claiming to offer investment solutions. However, the firm has not been granted any authorisation by the FCA to provide financial services in the UK. Its listed address, Alkmaar House in Norwich, has not been verified, and engaging with this platform poses high risks to investors.

CRYPTOSMART: Another Unauthorised Entity

Under the domain cryptosmartlimited.com, CRYPTOSMART offers what appears to be cryptocurrency-related services. The FCA states that the entity is neither registered nor authorised and may be misleading users into fraudulent schemes.

What This Means for Investors

The FCA reminds the public that dealing with unauthorised firms strips consumers of legal protections. Individuals investing through such companies are not eligible for the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS), meaning they may not recover their losses in case of fraud or collapse.

Stay Cautious Before You Trade

The FCA advises verifying whether a company is properly authorised before engaging in any financial activities. Platforms like WikiFX offer a one-stop solution to check broker compliance — making investing easier and trading safer.