The Financial Services Authority (FSA) has added a number of new companies to its list of unauthorised firms and individuals last week.
 
Seven firms were included on its list of unauthorised firms or people:
 
Cube Insurance
Cube Ins Limited
IncoNeon Limited
Investment Property Group
Invest PG Limited
Remi Boifford
Victory Invest Limited
 
Ten firms were added to the regulator’s list of unauthorised overseas companies, including:
 
Cooper and Daniels Company
Energy and Equity Research Group
Nikkei Financial
Seaboard Securities, Inc
Cobalt Finance Group
Globex International Group
Globex Partners
Pawealth.net
Samsung Securities aka. Sigma Securities
Tbfinvest.com
 
According to the FSA, although not all fundraising activities require authorisation or approval, investors who have given money or are considering giving money should exercise caution and will not benefit from UK compensation or complaint schemes.
 
A list of unauthorised and unapproved people can be found by clicking here:
http://bit.ly/FSAunauthorised
 
A list of unauthorised overseas companies can be found here:
http://bit.ly/FSAoverseas
 
A list of unauthorised internet banks can be found here: http://bit.ly/FSAunauthorisedIbanks
 
The FSA said the lists are not exhaustive and do not contain the names of all firms and individuals brought to its attention,
 
Consumers are urged to check the regulator’s register of authorised companies and individuals: http://bit.ly/FSARegister