Apex Finance Bank UK

Caution Investors Apex Finance Bank UK – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

Apex Finance Bank UK is a financial institution that claims to offer a range of banking products and services, such as savings accounts, loans, mortgages, investments, and insurance. However, there are some red flags that suggest that this bank may not be legitimate or trustworthy. In this blog post, we will review the evidence and provide some tips on how to avoid falling victim to a possible scam.

Regulation and Compliance:

One of the most important things to check when dealing with a financial institution is whether it is regulated and authorized by the relevant authorities. In the UK, this means that the bank should be registered with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). However, Apex Finance Bank UK does not appear on the FCA’s register of authorized firms, nor does it have a PRA reference number. This means that it is operating illegally and without any oversight or protection for its customers.

Customer Reviews:

Another way to assess the credibility of a financial institution is to look at the feedback and reviews from its customers. However, Apex Finance Bank UK does not have any online presence or reputation, apart from its own website. There are no independent reviews or testimonials from verified customers on any platform, such as Trustpilot, Google, or social media. This is a sign that the bank may not have any real customers or that it may be deleting or hiding negative comments.

Products and Services:

Apex Finance Bank UK claims to offer a variety of products and services that are attractive and competitive, such as high interest rates, low fees, flexible terms, and fast approvals. However, these offers may be too good to be true and may be used as bait to lure unsuspecting customers into handing over their money or personal information. The bank may also ask for upfront payments or deposits before providing any service or product, which is a common tactic of fraudsters.

Location:

Apex Finance Bank UK provides two addresses on its website: one in New York, USA, and one in Birmingham, UK. However, these addresses do not match the name or logo of the bank, nor do they correspond to any physical branch or office. A quick online search reveals that these addresses belong to other businesses or individuals that have nothing to do with Apex Finance Bank UK. This suggests that the bank may be using fake or stolen contact details to appear legitimate and avoid detection.

Customer Service:

Apex Finance Bank UK provides a telephone number and an email address as its main channels of communication with its customers. However, these contact details may not be reliable or secure. The telephone number is a mobile number that can be easily changed or disconnected. The email address is a generic one that does not match the domain name of the website. The website itself does not have any secure encryption or verification features, such as HTTPS or SSL certificates. This means that any communication or transaction with the bank may be intercepted or compromised by hackers or scammers.

Conclusion:

Based on our review, we conclude that Apex Finance Bank UK is not a legitimate or trustworthy financial institution. It is likely to be a scam that aims to defraud its customers of their money or personal information. We advise anyone who is considering doing business with this bank to exercise extreme caution and do their own research before making any decision. We also recommend reporting any suspicious activity or contact from this bank to the FCA or Action Fraud.