Vernier Capital Advisors (Europe) Ltd

Caution Investors Vernier Capital Advisors (Europe) Ltd – Clone – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

If you are looking for a reliable and trustworthy financial services provider, you might have come across Vernier Capital Advisors, a website that claims to offer investment management, wealth planning, and corporate finance solutions. However, before you decide to entrust your money to this company, you should be aware that it is a fraudulent scheme that is using the identity of a legitimate entity to deceive the public.

Regulation and Compliance: MFSA Issues Warning

The Malta Financial Services Authority (MFSA), the regulator of financial services in Malta, has issued a warning about Vernier Capital Advisors, stating that it is not a Maltese-registered company nor is it authorized to provide any financial services in or from Malta. Moreover, the MFSA has clarified that Vernier Capital Advisors has no association with Vernier Capital Advisors (Europe) Ltd, a company that is licensed by the MFSA and has an internet presence at https://verniercapitaladvisors.eu.

The MFSA has advised the public to refrain from undertaking any business or transactions with Vernier Capital Advisors, as it appears to be a clone of the genuine entity. The MFSA has also urged anyone who has been approached by or has conducted any business with Vernier Capital Advisors to report the matter to the MFSA or to the Malta Police Force.

Customer Reviews:

As expected, there are no positive customer reviews about Vernier Capital Advisors, as it is a scam that is likely to steal your money and personal information. On the contrary, there are several complaints and warnings from people who have been contacted by Vernier Capital Advisors or have fallen victim to their fraudulent activities.

For example, one user reported on Trustpilot that Vernier Capital Advisors contacted him by phone and email, offering him an investment opportunity with high returns. However, when he asked for more details and proof of their legitimacy, they became aggressive and rude and eventually hung up on him. Another user shared on Scamwatcher that Vernier Capital Advisors tried to persuade him to invest in a fake project involving solar panels in Africa. He also noticed that their website was full of grammatical errors and inconsistencies and that their address and phone number were fake.

Products and Services:

Vernier Capital Advisors claims to offer a range of products and services, such as:

– Investment Management: They claim to provide customized investment solutions based on the client’s risk profile, objectives, and preferences. They also claim to have access to various asset classes, such as equities, fixed income, commodities, currencies, and alternative investments.

– Wealth Planning: They claim to help clients plan for their financial future, by offering advice on estate planning, tax optimization, retirement planning, philanthropy, and family governance.

– Corporate Finance: They claim to assist clients with mergers and acquisitions, capital raising, restructuring, valuation, and due diligence.

However, these claims are false and misleading, as Vernier Capital Advisors is not a licensed or regulated financial services provider. Therefore, they cannot offer any of these products or services legally or professionally. Furthermore, they are likely to use these products and services as bait to lure unsuspecting clients into their scam.

Location:

Vernier Capital Advisors claims to have its headquarters on the 1st Floor of 2 Woodberry Grove Finchley London N12 0DR United Kingdom. However, this address is fake and does not belong to them. In fact, this address is used by many other scam companies that operate under different names. Moreover, Vernier Capital Advisors does not have any physical presence or representation in any other country or jurisdiction.

Customer Service:

Vernier Capital Advisors claims to have a dedicated customer service team that is available 24/7 via phone, email, or live chat. However, this is another lie that is meant to create a false impression of professionalism and credibility. In reality, their customer service is either non-existent or very poor. Many users have reported that they could not reach them by phone or email, or that they received rude and unhelpful responses from them. Some users have also reported that they were harassed and threatened by Vernier Capital Advisors when they tried to withdraw their money or cancel their accounts.

Conclusion:

Vernier Capital Advisors is a scam that is using the name and details of a legitimate company to deceive the public. It is not registered or authorized by any regulatory authority, and it does not offer any genuine or legal financial services. It is likely to steal your money and personal information if you deal with them. Therefore, you should avoid Vernier Capital Advisors at all costs and report them to the relevant authorities if you encounter them.