Central Bank issues warning on investment firm

The Central Bank is warning investors about an unauthorised investment firm, Robinson Securities LLC.

In a statement on Tuesday, the Central Bank said that US firm Robinson Securities LLC is not authorised by the Central Bank as an investment firm, investment business firm or to provide investment advice.

It is a criminal offence for an unauthorised firm/person to provide financial services in Ireland that would require an authorisation under the relevant legislation, and anyone who deals with such a firm, is not eligible for compensation from the Investor Compensation Scheme.

If you have information on this, or any other firm which may be unauthorised to operate in Ireland, you can contact the Central Bank on (01) 224 4000.

You can also check a list of unauthorised firms/persons on the Central Bank website. Since the start of the year, the regulator has issued warnings on five investment firms.