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Investment company alert: Wakamy Libman and Associates

Chris Hamblin, Editor, Editor, London, 19 January 2015

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The UK's Financial Conduct Authority believes a Japanese firm to be providing financial services in the country without permission.

Stating darkly that some such unauthorised firms operate ‘boiler rooms’ (where fraudsters cold-call investors offering them worthless, overpriced or even non-existent shares), the FCA exhorts would-be investors to check the often-wonky Financial Services Register site before believing that any firm they come into contact with is conducting legitimate business in the UK.

The address of Wakamy Libman and Associates is 5th Floor, Tadokoro Building, 3-15 Nihonbashi Hongoku-Cho, 3-Chome, Chuo-Ku, Tokyo, 130021, Japan. The telephone number is 0081345789058 and the website, to be found at www.wakamylibman.com, is operational and insists that the company has a reputable track record.

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