FCA Warns Public Against Unauthorised ottowealthpartners.com

The UK’s Financial Conduct Authority (FCA) has warned that ottowealthpartners.com may be providing or promoting financial services without permission and could be targeting people in the UK. The regulator says the firm is not authorised and advises consumers to avoid dealing with it and beware of scams. The FCA lists the firm’s address as London, England, and gives its website as ottowealthpartners.com. The warning also lists the telephone number +8801234567 and an email contact. The regulator cautions that unauthorised firms may use incorrect or changing contact details, including information belonging to another business or person, to appear genuine. Consumers who deal with an unauthorised firm do not have access to the Financial Ombudsman Service to complain and are not protected by the Financial Services Compensation Scheme (FSCS). The FCA says that if someone sent money to a fraudster on or after 7 October 2024, protections introduced by the Payment Systems Regulator may apply. Before using a financial firm, check the FCA Firm Checker to confirm it is authorised for the services being offered, and use the contact details listed there if a business approaches you unexpectedly. Anyone who believes they have been approached by an unauthorised firm can contact the FCA on 0800 111 6768 or through its contact form.