Description

I am writing on behalf of a resident of the United Kingdom, to submit a complaint against a purported U.S. law firm identifying itself as “Finco Law LLP,” with a listed address at 60 Long Ridge Road, Suite 309, Stamford, CT 06902. Mr. Jordan was contacted by representatives of Finco Law LLP regarding an alleged “securities transaction” involving shares of Alternative Diesel Investments. He was provided with documents purporting to be a Securities Purchase Agreement and a Payout Settlement Agreement, which required him to pay substantial upfront fees described as “refundable reaccreditation deposits” in order to release supposed sale proceeds (see pages 2, 4, and 6 of the attached materials). At Finco Law LLP’s instruction, Mr. Jordan wired funds totaling approximately $7,500 USD to an offshore entity, DM Solutions PTE LTD, located in Singapore (see invoices dated August 5, 2024, and September 12, 2024, attached as pages 1 and 3). Despite sending these funds, no securities were delivered, no proceeds were released, and all further attempts to communicate with Finco Law LLP have been ignored. Key concerns include: False representation: The firm presents itself as a Connecticut-based law firm but is not registered as such with the Connecticut bar or Secretary of State. Advance-fee fraud: My client was asked to pay significant deposits to release non-existent investment proceeds. Use of offshore accounts: Payments were directed to unrelated third-party companies in Singapore, not to a legitimate escrow or U.S. financial institution. Pattern of fraud: The documentation (attached) demonstrates a deliberate scheme to induce payment under false pretenses. Mr. Jordan is a UK resident who reasonably believed he was dealing with a legitimate U.S. law firm. He has now lost the equivalent of approximately £6,000 GBP and seeks any assistance or investigation that the BBB can provide to alert others and hold this entity accountable. Please find enclosed copies of invoices, agreements, and correspondence evidencing this fraudulent scheme. We respectfully request that this complaint be recorded in the BBB system to warn other potential victims. If you require additional information or sworn statements from Mr. Jordan, we will be glad to provide them. Thank you for your attention to this matter. Respectfully,