Fusion-XO clone of an FCA authorised firm Fusion Asset Management LLP

What Is This Scam?

Fusion-XO is a fraudulent operation that clones the identity and branding of Fusion Asset Management LLP, a legitimate FCA-authorised financial services firm. The scammers operate fake websites and email addresses designed to deceive consumers into believing they are communicating with the genuine, regulated company. This type of clone fraud targets individuals seeking investment services, asset management solutions, or financial advice. Victims may be persuaded to transfer funds, provide personal financial information, or engage in unauthorised investment activities with the fraudsters rather than the legitimate firm.

The scam operates through professionally designed fake digital infrastructure that closely mimics the legitimate firm's online presence. This makes it particularly dangerous, as even cautious consumers may struggle to distinguish between the fraudulent operation and the real business.

Who Are They Impersonating?

The legitimate firm being impersonated is Fusion Asset Management LLP, a regulated financial services provider authorised and regulated by the Financial Conduct Authority (FCA).

• Firm Name: Fusion Asset Management LLP
• FCA Firm Reference Number: 401334
• Registered Address: 2 Queen Annes Gate Buildings, 22 Dartmouth Street, London, SW1H 9BP, United Kingdom
• Official Telephone: +4402078022280
• Official Email: [email protected]
• Official Website: http://www.fusiondfm.com
• Regulatory Authority: Financial Conduct Authority (www.fca.org.uk)

Consumers seeking to verify whether they are dealing with the genuine Fusion Asset Management LLP should cross-reference the firm reference number 401334 directly with the FCA register before proceeding with any financial transactions.

Evidence & Regulatory Action

This scam has been documented in the Cloned Firm Registry and flagged as an active threat to consumers. The FCA has issued an official warning about the Fusion-XO clone, alerting the public to this impersonation scheme.

The fraudulent operation uses the following fake digital channels:

• Fake Website: app.fusion-xo.net
• Fake Website: https://fusion-xo.net
• Fake Email Address: [email protected]

These domains and email addresses bear superficial similarity to the legitimate firm's branding but direct victims to the scammers' infrastructure. Regulatory authorities have documented this threat to protect consumers from losing money or becoming victims of identity theft through fraudulent financial dealings.

Red Flags

• Domains using "fusion-xo" rather than "fusiondfm" or official registered addresses
• Email addresses using "[email protected]" instead of the official "fusionam.com" domain
• Websites with slightly altered branding or professional design intended to deceive
• Requests for fund transfers or sensitive financial information via unsolicited contact
• Generic communication that does not reference your actual account or relationship with the firm
• Pressure to act quickly or secrecy around transactions
• Inability to verify the contact using the FCA firm reference number 401334

What To Do If You Have Been Contacted

• Do not click links or download attachments from suspicious emails claiming to be from Fusion Asset Management LLP
• Independently verify any financial firm by checking the FCA register at www.fca.org.uk and confirming firm reference number 401334
• If you have been contacted by the fraudulent operation, report it to the FCA and Action Fraud immediately
• Contact the legitimate Fusion Asset Management LLP directly using the official contact details provided above to report the impersonation
• If you have already transferred funds or provided personal information, contact your bank and local law enforcement without delay
• Monitor your financial accounts and credit report for suspicious activity