Investor alert: BNY Mellon Wealth Management (clone of authorised firm)

2014-04-22

Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms.

Fraudsters are using the details of authorised firms to try to convince people that they work for a genuine, authorised firm. This is called a 'clone of authorised firm' and fraudsters usually use this tactic when contacting people and offer them investment services.

Representatives claiming to be from the authorised firm in the U.S have contacted Swedish investors via unsolicited telephone calls and offered investment advice regarding American shares. They also refer to an American regulatory authority to increase the credibility.

The cloned firm is using the following contact information:
701 Westchester Avenue
White Plains, NY 10604
Tel: +1 609 543 6551
Fax: +1 202 403 3838
E-mail: This is a mailto link
www.bnymellon.com/wealthmanagement

Please note that there is no connection whatsoever between the legitimate entity and the unauthorised BNY Mellon Wealth Management (clone of authorised firm) entity that is operating in the U.S.