Blue Whale Holding Clone of FCA authorised firm Blue Whale Capital LLP

What Is This Scam?

Blue Whale Holding is an unauthorised financial services firm operating a clone website designed to deceive consumers into believing they are dealing with a legitimate, FCA-regulated investment company. The scam targets UK residents and other international customers by impersonating Blue Whale Capital LLP, a genuine and properly regulated financial services firm authorised by the Financial Conduct Authority (FCA).

This type of fraud, known as a "clone firm" scam, is particularly dangerous because it leverages the trusted reputation of an established regulated business. Victims are typically offered investment opportunities, trading services, or other financial products through fraudulent channels, with no legal protection or regulatory oversight. Money deposited with these unauthorised operators is at severe risk of being stolen or misappropriated.

Who Are They Impersonating?

The legitimate company being impersonated is Blue Whale Capital LLP, a properly authorised and regulated investment firm in the United Kingdom.

• Firm Name: Blue Whale Capital LLP
• FCA Firm Reference Number: 768167
• Registered Address: 21-22 Grosvenor Street, London, W1K 4QJ, United Kingdom
• Official Telephone: +442080642457
• Official Email: [email protected]
• Official Website: www.bluewhale.co.uk
• Regulator: Financial Conduct Authority (FCA) – www.fca.org.uk

If you are considering doing business with any entity claiming to be Blue Whale Capital LLP, always verify their licence directly with the FCA using their firm reference number 768167 before proceeding.

Evidence & Regulatory Action

The FCA has issued a formal warning against Blue Whale Holding as a clone of the authorised firm. According to the FCA's official warning page dated November 26, 2024, Blue Whale Holding is not authorised or registered by the FCA but has been actively targeting people in the UK.

The fraudulent firm is also listed on the FCA's register of unauthorised firms, which documents that this entity uses the details of a genuine FCA-regulated firm when offering products and services to deceive consumers.

Notably, this is not an isolated incident. The Central Bank of Ireland has also issued warnings about multiple scam entities cloning Blue Whale, indicating that this type of fraud has been operating across multiple jurisdictions since at least June 2022.

Red Flags

• Website domain is bluewhaleholding.co (not the official www.bluewhale.co.uk)
• Email address uses [email protected] rather than the official [email protected]
• The firm is listed as unauthorised by the FCA – verify any firm at www.fca.org.uk before investing
• Clone firms often use nearly identical branding, logos, and company names to confuse customers
• Pressure to transfer funds quickly or invest large sums
• Promises of unrealistic investment returns
• Difficulty withdrawing funds once deposited

What To Do If You Have Been Contacted

• Do not transfer any money to this firm or provide banking details, identification documents, or personal information
• Verify independently: Contact the legitimate Blue Whale Capital LLP directly using the official contact details above to confirm whether you have been approached by them
• Check the FCA register: Visit www.fca.org.uk and search their register using firm reference number 768167 to confirm a company's authorisation status
• Report the scam: Report Blue Whale Holding to the FCA at www.fca.org.uk/complaint or contact Action Fraud (the UK's national fraud reporting centre) at www.actionfraud.police.uk
• Preserve evidence: Save all emails, website screenshots, and communication records for investigators
• If you have lost money: Contact your bank immediately and file a report with local law enforcement