J.P. Morgan Asset Management

What Is This Scam?

This alert concerns an unauthorised clone firm operation in which fraudsters are impersonating J.P. Morgan Asset Management to solicit investments from consumers. The Central Bank of Ireland has formally warned the public about this activity, confirming that the individuals or entities behind this scheme are not authorised or regulated to provide financial services. Clone firm fraud of this nature involves criminals replicating the branding, name, and professional appearance of a well-known legitimate firm in order to gain the trust of unsuspecting victims. Once trust is established, victims are typically persuaded to transfer funds into accounts controlled by the fraudsters, with little to no prospect of recovery.

Who Are They Impersonating?

The fraudsters are impersonating J.P. Morgan Asset Management, the investment management division of JPMorgan Chase and Co., a globally recognised and regulated financial institution with a long-established history in asset management. The real firm operates under strict regulatory oversight in multiple jurisdictions. Consumers searching for investment opportunities may find it entirely plausible that they are being contacted by a firm of this stature, which is precisely why scammers choose high-profile names. Any communication you receive from an address ending in @jpm-savings.com is not from the legitimate J.P. Morgan organisation.

Domain Information

The scam email addresses associated with this alert use the domain jpm-savings.com. No verified WHOIS registration data was available for public review at the time of writing, which is itself a significant warning sign. Fraudulent domains are frequently registered using privacy protection services or obscure registrars specifically to conceal the identity and location of the operators. When a domain conceals its registrant details, consumers have no way to verify who is behind it. Additionally, clone firm domains are almost always newly registered, often within weeks or months of a fraud campaign launching, meaning they carry little or no legitimate business history. The use of jpm-savings.com rather than any official J.P. Morgan domain should be treated as an immediate red flag.

Red Flags

• Emails are sent from @jpm-savings.com, which is not an official J.P. Morgan domain.
• The firm is not authorised or regulated by the Central Bank of Ireland despite operating within or targeting its jurisdiction.
• The domain jpm-savings.com has no transparent registrant information, suggesting deliberate concealment.
• The name closely mimics the legitimate J.P. Morgan brand to create a false sense of credibility.
• Unsolicited contact offering investment opportunities is a common tactic used by clone firm fraudsters.
• There is no verifiable connection between this domain and the genuine J.P. Morgan Asset Management entity.

What To Do If You Have Been Contacted

If you have received any communication from the email addresses [firstname].[surname]@jpm-savings.com or [email protected], do not respond, do not provide any personal or financial information, and do not transfer any money. Report the contact to the Central Bank of Ireland using the details provided on their official website and refer to their published alert at the regulatory alert URL listed on this page. If you have already transferred funds or shared sensitive information, contact your bank immediately to report a potential fraud and request that transactions be halted where possible. You should also report the matter to your national police service and consider filing a report with your local consumer protection authority.