Prolific Baseshop of (Pinnacle LD) was an entity that fraudulently presented itself as an online trading broker. It was identified by the UK's Financial Conduct Authority (FCA) as a "clone firm." This means it deliberately and illegally used the details of a legitimate, FCA-authorized firm—in this case, "Pinnacle (London) Limited"—to convince people that it was genuine. The entity is not authorized to provide regulated financial services and its website is no longer active. Its primary purpose was to target and defraud investors, particularly in the UK.

Founded in

United States