The Financial Conduct Authority ( FCA ) has issued a warning against a company calling itself Project Finance Bank that has been providing financial services in the UK without FCA authorisation
FCA Warning Project Finance Bank
We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms act without our authorisation and some knowingly run scams like share fraud.
This firm is not authorised by us but has been targeting people in the UK:
Project Finance Bank
How to protect yourself
We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are. It has information on firms and individuals that are, or have been, regulated by us.
If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.
There are more steps you should take to protect yourself from unauthorised firms.
You should also be aware that if you give money to an unauthorised firm, you will not be covered by the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.
How have they Created the Air of Legitimacy
To create the air of legitimacy, saying all the right things in all the right places, they simply scraped the old dunbarbank.co.uk website which was incorporated into Zurich
Looking at the Wayback Machine, they have simply copied the sites structure:
Tim Capper reports on Financial Mis-Selling for Maple Leaf Financial. Our aim is to ensure you get honest advice and proper guidance to ensure a suitable recommendation can be made to pursue a financial claim
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