TotallyMoney (clone of an FCA authorised firm)

What Is This Scam?

TotallyMoney (clone of an FCA authorised firm) is a fraudulent operation that impersonates a legitimate, regulated financial services company. Scammers behind this scheme are targeting UK consumers by creating fake websites and communications that closely mirror the genuine TotallyMoney brand. The fraudsters use these cloned platforms to deceive people into believing they are engaging with an authorised and trustworthy financial institution. This type of clone fraud is particularly dangerous because it exploits the reputation and credibility of established firms, making victims more likely to share personal financial information or engage in transactions they would otherwise avoid.

Who Are They Impersonating?

The scammers are impersonating TotallyMoney, a legitimate UK financial services company that is properly authorised and regulated by the Financial Conduct Authority (FCA). The genuine TotallyMoney operates under two regulated entities:

• TotallyMoney Limited — FCA Firm Reference Number: 483456
• TM Connect Limited — FCA Firm Reference Number: 511936

Both entities operate from the same authorised address at White Collar Factory, 1 Old Street Yard, London, EC1Y 2AS, and can be contacted at +4402078417310 or [email protected]. The legitimate company's official website is www.totallymoney.com. Consumers can verify authorisation status through the FCA's official register at www.fca.org.uk.

Evidence & Regulatory Action

The Financial Conduct Authority has formally issued a public warning about this scam. According to the FCA's official alert dated October 23, 2024, the fraudulent TotallyMoney clone "is not authorised or registered by the FCA but has been targeting people in the UK." The FCA has been actively monitoring and publicising this threat to protect consumers from falling victim to the impersonation scheme.

For official regulatory information and the latest warnings, consumers should consult the FCA's official alert on this clone firm.

Red Flags

• Website URL is https://tottallymoney.co.uk — note the misspelling "tottally" instead of "totally"
• The fraudulent website closely mimics the legitimate www.totallymoney.com but uses a different domain
• Unsolicited contact offering financial services or credit products
• Requests for sensitive personal or financial information via email or unverified channels
• The scammer's website is not listed on the FCA's authorised firm register
• Communication from email addresses or phone numbers that do not match the legitimate company's official contact details
• Pressure to act quickly or provide information immediately

What To Do If You Have Been Contacted

• Do not engage with the fraudulent website or respond to communications. Avoid clicking links or downloading attachments from suspicious emails.
• Verify independently. Contact the genuine TotallyMoney directly using the official contact details: +4402078417310 or [email protected], or visit www.totallymoney.com directly (type the URL yourself rather than using any provided link).
• Check the FCA register. Verify the firm's authorisation at www.fca.org.uk before engaging with any financial services provider.
• Report the scam. Submit a report to the FCA and Action Fraud (UK's national fraud reporting centre) immediately if you have been targeted or have lost money.
• Protect your accounts. If you have shared credentials or financial information, change your passwords and monitor your accounts for suspicious activity.
• Warn others. Share this alert with friends and family to prevent them from becoming victims.