Bruckner Ferdinand

MzzzP

Hi GWhizz,
I also have been caught out. For my information could you let me know if you checked the FCA Register before investing and on what date(s). What you typed in, what results did you get and did you make a print out.

The reason for asking is that I am considering a Negligence claim against the FCA, and your information may help. I would ask you for a copy of the print out but it is not allowed under Money Saving Expert rules.

Similarly, If you made the above check you may also care to look into pursuing a Claim against the FCA.

Regards,
MzzzP

rr755507

MzzzP wrote: »

Hi GWhizz,
The reason for asking is that I am considering a Negligence claim against the FCA, and your information may help. I would ask you for a copy of the print out but it is not allowed under Money Saving Expert rules.

Similarly, If you made the above check you may also care to look into pursuing a Claim against the FCA.

Regards,
MzzzP

What did the FCA do that was negligent?

Not that it really matters, the FCA have statutory immunity.

AnotherJoe

I fail to see how (immunity aside) FCA can be held responsible for a website (let alone one in a foreign country) or for someone responding to a telephone call.
If someone put up a website in (say) Albania purporting to be (say) Hargreaves Lansdown with bank account details and you went ahead and paid them, possibly you you could claim against the bank who allowed that account to be opened. It's not FCAs fault or responsibility though.

MzzzP

H i rr755507,
I am a novice to this and I appreciate your comments.
The FCA Register confirmed and authorised Buckner Ferdinand to me in January 2019.

Your statutory immunity comments are particularly appreciated and nearly gave me a heart attack. I would like to think I am not grasping at straws by quoting FCA : Written question - 228164 asked by David Duguid, answered by John Glen. An extract states " The FCA's statutory immunity is held to account by an Independent Complaints Commissioner who can consider complaints about the way the FCA has carried out, or failed to carry out, its role. The Commissioner has powers to recommend the payment of compensation and to require the FCA to publish its response to the recommendation, for example where it decides not to pay compensation."

Regards,

MzzzP

antrobus

MzzzP wrote: »

H i rr755507,
I am a novice to this and I appreciate your comments.
The FCA Register confirmed and authorised Buckner Ferdinand to me in January 2019.
....

There is a Buckner Ferdinand which is an EEA authorised firm. That doesn't help you if you have sent money to a fraudster pretending to be Buckner Ferdinand.

AnotherJoe

MzzzP wrote: »

H i rr755507,
I am a novice to this and I appreciate your comments.
The FCA Register confirmed and authorised Buckner Ferdinand to me in January 2019.

Your statutory immunity comments are particularly appreciated and nearly gave me a heart attack. I would like to think I am not grasping at straws by quoting FCA : Written question ..... <snipped>

Unfortunately you didn't invest with BF you invested with someone pretending to be BF.
And you aren't even grasping at straw. You are grasping at a mirage.
FCA don't have an open ended remit to compensate anyone who sends money to the wrong person. As I said, you may have a route via whichever financial institution, presumably a bank, allowed the bank account to be established. That would be a straw, perhaps.

MzzzP

Hi Another Joe & Antrobus,
The FCA has now given to me the names which the Authorisation number I received confirmation of belong. None of those names are Bruckner Ferdinand.
At this time the FCA is looking into this matter for me.
With respect, you are now only tending to confuse the matter so I would rather not say any more.
Regards,
MzzzP

AnotherJoe

MzzzP wrote: »

Hi Another Joe & Antrobus,
The FCA has now given to me the names which the Authorisation number I received confirmation of belong. None of those names are Bruckner Ferdinand.
At this time the FCA is looking into this matter for me.
With respect, you are now only tending to confuse the matter so I would rather not say any more.
Regards,
MzzzP

When you've sorted your confusion out please do post back with an update.
As it's the FCA I won't be holding my breath.

Malthusian

There is a straw for MzzzP to grasp at here. https://www.moneymarketing.co.uk/fca-defends-complaint-over-handling-of-clone-firm-case/

This complaint may even have involved the same clone scam, given that the firm involved was Austrian.

Reaper

Malthusian wrote: »

There is a straw for MzzzP to grasp at here. https://www.moneymarketing.co.uk/fca-defends-complaint-over-handling-of-clone-firm-case/.

Interesting, but not a great straw since the FCA refused to pay up.