Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm J.P. Morgan Ireland

 

October 2023

It has come to the attention of the Central Bank of Ireland (“Central Bank”) that a fraudulent entity, JP Morgan Private Bank, has been operating as an investment firm/investment business firm in the state in the absence of appropriate authorisation.In this instance, the fraudulent entity cloned a legitimate Central Bank authorised firm in order to deceive customers.
 
The fraudulent entity reached out via email seeking to lure customers into investing in a fake investment using the prospectus titled: “J.P. Morgan Private Bank Fixed Rate Bonds – Prospectus 2023”.
 
Find out more here.

Source: www.centralbank.ie