m2recoveries.com m2recovered cryptoassetrecover.org Clone of FCA Authorised Firm

What Is This Scam?

This is a clone firm scam targeting consumers who have fallen victim to cryptocurrency fraud. The fraudsters operate fake websites and email addresses designed to impersonate a legitimate, FCA-authorised recovery firm. They contact victims of crypto asset theft with promises to recover lost funds, typically charging upfront fees or requesting additional payments for supposed "recovery services." The scam exploits the desperation of fraud victims who are actively seeking help to retrieve stolen digital assets.

The scheme uses multiple domain variations and misleading branding to create a false impression of legitimacy and professional standing. Victims are often directed to these fraudulent sites through unsolicited contact, making them particularly vulnerable to further financial loss while already in a distressed state.

Who Are They Impersonating?

The scammers are impersonating M2 Recovery Ltd, a legitimate FCA-authorised firm specialising in cryptocurrency asset recovery. The genuine company details are as follows:

• Firm Name: M2 Recovery Ltd
• FCA Firm Reference Number: 928862
• Registered Address: 91 Wimpole Street, London, Westminster, W1G 0EF, United Kingdom
• Official Telephone: +4402037578750
• Official Email: [email protected]
• Official Website: www.m2recovery.com
• Regulator: Financial Conduct Authority (FCA)

M2 Recovery Ltd is a genuine, regulated firm with a documented track record of recovering cryptocurrency assets for legitimate victims of fraud. Always verify any firm claiming to be M2 Recovery by checking the FCA register directly at www.fca.org.uk.

Evidence & Regulatory Action

The Financial Conduct Authority has issued a formal warning about these clone firms. According to the FCA's official alert dated March 26, 2024, these fraudulent entities are not authorised or registered by the FCA but have been actively targeting UK residents and claiming to be an authorised firm.

The FCA classifies this as a "clone firm" scam—a serious and widespread threat where unauthorised operators hijack the identity and reputation of legitimate, regulated businesses. The regulatory authority has documented multiple domain variations being used in this specific scheme, confirming the coordinated nature of the fraud operation.

Red Flags

• Website domains that closely mimic the legitimate firm but use variations (m2recoveries.com, m2recovered.com, cryptoassetrecover.org) instead of the official www.m2recovery.com
• Email addresses using suspicious domains ([email protected]) rather than the official [email protected]
• Unsolicited contact offering recovery services after you've experienced a crypto loss
• Requests for upfront fees, deposits, or additional payments to "unlock" recovery processes
• Pressure to act quickly or claims that the recovery window is closing
• Inability to verify the firm's FCA registration using the official FCA register
• Poor quality branding, grammar errors, or inconsistencies in professional communication

What To Do If You Have Been Contacted

• Do not engage: Do not respond to emails, calls, or messages from these fraudulent addresses or websites
• Do not pay anything: Never send money, cryptocurrency, or personal financial information to any unsolicited recovery service
• Verify independently: If you need legitimate recovery assistance, contact M2 Recovery Ltd directly using only the verified contact details listed above
• Check the FCA register: Visit www.fca.org.uk and search for the firm's FCA reference number (928862) to confirm authorisation
• Report the scam: Report any contact from these fraudulent firms to Action Fraud (actionfraud.police.uk) or your local police force
• Alert the FCA: Report clone firm activity to the FCA using their official reporting channel