Fraudsters are using the details of authorised firms to try and convince consumers that they work for genuine authorised firms. It has recently come to our attention that fraudsters are using the name of our firm as part of their scams.
Please be advised that neither ‘XP Trading’ nor ‘XBO Trading’ is affiliated with, nor has any legitimate relationship to, Boussard & Gavaudan Investment Management or any other entity of its group in any capacity. There is no connection between these entities and our firm/group. Where appropriate the Financial Conduct Authority (‘FCA’) and/or Action Fraud have been made aware of these scams. (See FCA Warning: Warning | Boussard & Gavaudan)
If you have received any communication from these companies, or any other firm purporting to be a subsidiary or associated with Boussard & Gavaudan Investment Management, we strongly advise you to exercise caution and refrain from engaging with them.
If you are approached about a scam or you believe that you are a victim of fraud, you should report this to the FCA using the fraud reporting form at www.fca.org.uk/consumers/report-scam-unauthorised-firm . Alternatively you can call the FCA’s Consumer Helpline on 0800 111 6768 to receive further advice.
If you have already paid money to fraudsters you should contact your bank and report it to Action Fraud (0300 123 2040 or visit www.actionfraud.police.uk ) immediately.
For further information you may contact Boussard & Gavaudan’s Compliance department on: bg.compliance@bgam-fr.com