Another company has been brought to our attention called Financial Associates Ltd who uses the pitch of the company reclaiming the Reclaim money of consumers and having money waiting to be paid out.
This company cold calls consumers, and the agent calling gives out the company details as being:
Financial Associates Ltd
Address: 40 GOOSEBERRY HILL, LUTON, BEDFORDSHIRE, LU3 2LA
Company Registration Number: 04974251
And in order to verify that they are for real, they even give out the details of the Ownership Advisory Line on 02032865384 to confirm that Financial Associates Ltd is genuine, and also to contact Companies House.
This pitch very similar to another company, Asset Accounting Services.
An alert consumer did indeed call all the numbers given, but also looked up the contact details of the company called Financial Associates Ltd, which is actually based in Cricklade, so not Luton (!!) and called them directly. And surprise surprise, they know nothing about anybody of their company in Luton and is certainly not part of theirs!
Financial Associates Ltd also requires a security check through buying UKASH vouchers and in order to make sure these vouchers are for real they request 10 digits from the 19 digit code. This to give the consumer the impression their voucher cannot be cashed in, but nothing of that is true as the other digits are related to the country code and yes, the voucher can be cashed knowing the other numbers!
Have you been called by Financial Associates Ltd with phone number 0118 328 2856 or have you been told a similar story by another company?
Please let us know!