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16 Jul 2019, 08:07 am | Unauthorised firm

Cartwright & Brown Wealth Advisory Falsely Claims to be located in the DIFC

The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public to false claims made by Cartwright & Brown Wealth Advisory (Cartwright & Brown). The DFSA’s alert follows a warning issued by the UK Financial Conduct Authority on its website.

On its website, www.cartwrightandbrown.com, Cartwright & Brown falsely claims that it is located at Office 2001, Level 20, South Tower, Emirates Financial Towers, Dubai International Financial Centre (DIFC).

In fact, Cartwright & Brown is not located in the DIFC.  The above mentioned address is the address of a legitimate DFSA Representative Office that has no connection to Cartwright & Brown.

The DFSA further advises that Cartwright & Brown is not authorised by the DFSA, and does not hold a commercial licence to operate in the DIFC from the DIFC Registrar of Companies.

The DFSA strongly advises consumers not to respond to Cartwright & Brown, and also warns against sending money to Cartwright & Brown. 

The DFSA has a page on its website dedicated to alerts in relation to scams, including scams which misuse the name of the DFSA and/or the DIFC. All alerts issued by the DFSA may be accessed by going to: ALERTS

The DFSA has also issued warnings and guidance about the common types of scams, including Advance Fee scams, perpetrated on consumers. For more information on these scams please go to: HOW TO AVOID BEING SCAMMED

If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the Dubai International Financial Centre (DIFC), DFSA or a DFSA regulated Firm, you should direct your concerns to the DIFC on Tel:+971 4 362 2222 and to the DFSA via the DFSA Complaints function on: COMPLAINTS


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