GraysFS is a name used by fraudsters who are impersonating the authorised company Gray Financial Ltd. It operates as a clone firm — copying genuine firm details to trick people into trusting them. Reports show the scam uses phone calls, emails and fake websites to request deposits, push risky investments and collect personal data. As an unauthorised firm, GraysFS does not have FCA permission to trade, give investment advice or handle client money.
You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find information on how you’re protected and contact details for authorised firms. If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. If you think you’ve been approached by an unauthorised or clone firm, call us on 0800 111 6768, or use our contact form. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.
