Warning: Website claiming to be Legal and General (Portfolio Management Services) Ltd
2 March 2021
A website is claiming to be a law firm called Legal and General (Portfolio Management Services) Ltd
What is the scam?
The SRA has been informed that the website, 'www․landgportfolioservices․com/' is operating, falsely claiming to be a firm regulated by the SRA.
The website claims that Legal and General (Portfolio Management Services) Ltd are commercial solicitors authorised and regulated by the Solicitors Regulation Authority.
The website then goes on to name specific individuals, suggesting that they are solicitors and undertaking reserved legal activities. Most of the individuals have SRA ID numbers listed against their name, however these ID numbers relate to genuine solicitors that are not related to the company.
Is there a genuine firm or person?
The SRA does not authorise and regulate a firm called Legal and General (Portfolio Management Services) Ltd.
Any business or transactions through Legal and General (Portfolio Management Services) Ltd are not carried out by a solicitor's practice or by an individual authorised and regulated by the SRA. The SRA does not believe that the genuine solicitors whose SRA ID numbers have been misused have any connection to the matters set out in this alert.
What should I do?
When a firm's or individual's identity has been copied exactly (or cloned), due diligence is necessary. If you receive correspondence claiming to be from the above firm(s) or individual(s), or information of a similar nature to that described, you should conduct your own due diligence by checking the authenticity of the correspondence by contacting the law firm directly by reliable and established means. You can contact the SRA to find out if individuals or firms are regulated and authorised by the SRA and verify an individual's or firm's practising details. Other verification methods, such as checking public records (e.g. telephone directories and company records) may be required in other circumstances.