Tosta Global Limited (Clone of FCA authorised firm)

What Is This Scam?

Tosta Global Limited is an unauthorised financial services firm operating as a clone of a legitimate, FCA-regulated company. This type of scam targets consumers seeking investment opportunities or financial services by impersonating an established, trustworthy financial institution. Scammers use the cloned identity to build false credibility, encouraging victims to deposit funds or share sensitive personal and financial information. Once funds are transferred or data is compromised, victims have little recourse, as the fraudulent entity operates outside regulatory oversight.

Clone firms are particularly dangerous because they exploit the reputation and regulatory standing of genuine companies, making it difficult for consumers to distinguish between legitimate and fraudulent operations without careful verification.

Who Are They Impersonating?

Tosta Global Limited fraudulently impersonates Gildencrest Capital Limited, a legitimate financial services firm regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

• Legitimate Firm Name: Gildencrest Capital Limited
• FCA Firm Reference Number: 564741
• Registered Address: Studio 11, 7th Floor, One Canada Square, Canary Wharf, London, E14 5AA, United Kingdom
• Official Telephone: +442030484764
• Official Email: [email protected]
• Official Website: www.gildencrestcapital.co.uk
• Regulator: Financial Conduct Authority (www.fca.org.uk)

Consumers should always verify a financial firm's credentials directly through the FCA's official website before conducting any business.

Evidence & Regulatory Action

Tosta Global Limited has been officially identified as an unauthorised clone firm by multiple regulatory authorities. The Financial Conduct Authority issued a public warning on October 7, 2024, identifying the scam operation and providing details of the fraudulent contact methods used.

According to the FCA's official warning, the clone firm operates under the following fraudulent contact details:

• Scam Website: tostagloballimited.com
• Scam Email: [email protected]
• Telephone: 02074666666

The FCA's authorised firm register confirms that Tosta Global Limited is an unauthorised entity using the details of a genuine FCA-regulated firm. The warning has been registered with international regulatory networks, including IOSCO's I-SCAN alert system and the Dutch Financial Markets Authority (AFM), indicating this scam has cross-border reach.

For the official FCA alert, visit: https://www.fca.org.uk/news/warnings/tosta-global-limited-clone-fca-authorised-firm

Red Flags

• Website domain (tostagloballimited.com) does not match the legitimate firm's official website (gildencrestcapital.co.uk)
• Email address ([email protected]) does not match the legitimate firm's official email ([email protected])
• Unsolicited contact offering investment opportunities or financial services
• Pressure to make quick decisions or deposit funds immediately
• Requests for upfront payments, fees, or personal financial information
• Generic communication or poor grammar in emails
• The firm does not appear on the FCA's authorised firm register

What To Do If You Have Been Contacted

• Do not respond to any emails, calls, or messages from tostagloballimited.com or the associated contact details
• Do not deposit any money or provide personal or financial information
• Verify independently: Contact Gildencrest Capital Limited directly using the official contact details above to confirm whether you have a legitimate relationship with them
• Report the scam to the FCA at www.fca.org.uk/complaint
• Report to Action Fraud: Contact Action Fraud (UK's national fraud reporting service) at www.actionfraud.police.uk or call 0300 123 2040
• Alert your bank if you have already shared payment information or transferred funds
• Monitor your accounts for unauthorised transactions and consider placing fraud alerts with credit bureaus