REGULATION · UK
FCA alerts on Throgmorton Wealth Consultant clone impersonating authorised firms
UK Financial Conduct Authority issued a warning that Throgmorton Wealth Consultant is an unauthorized clone mimicking FCA-regulated firms to solicit customer deposits. Part of ongoing FCA scam-alert campaign.
WHY IT MATTERS
Reflects rise of AI-generated fake firm identities and deepfakes targeting retail/HNW; signals need for BFSI to harden verification and authentication workflows against spoofed regulatory identities.
Source: FCA · 2026-08-04