FCA Flags Capital International Management Company

It’s a big day today in the United Kingdom, as the region is set to officially leave the European Union (EU) this Friday. Amongst all the trepidation, the (FCA) has published a warning on its website.
In particular, the British regulator has warned against Capital International Management Company, also referred to as CIMC, which according to the FCA’s statement, is a clone of a European Economic Area (EEA) authorised firm.

Specifically, the warning published today states: “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 ‘‘; 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.”
Clone details provided by FCA
Name: Capital International Management Company / CIMC (clone of EEA authorised firm)
Address: 40 Bloomsbury Way, London, WC1A 2SE
Telephone: 02036086007, 02036086024
Email: s.harris@cimctrading.net; admin@cimctrading.net 
Website: www.cimctrading.net
According to the warning published today, the clone firm is impersonating Capital International Management Company. As the name suggests, clone firms are fraudulent entities which copy details of a legitimate firm, such as their name, website, address, registration details, etc. Some even go to the lengths of completely copying a firm – from their website, to brand, in order to trick investors into thinking that they are the actual legitimate firm.
The details of the legitimate EEA authorised firm are as follows:
Firm Name: Capital International Management Company
Firm Reference Number: 595918
Address: 37A Avenue John F Kennedy, L-1855 Luxembourg, RCS Luxembourg B 41479, Luxembourg

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