Davis and Cole Scam Warning: Fake Investment Platform

Davis and Cole is a platform at davisandcole.com that says it offers crypto, stocks and forex trading under one roof. Despite a name that recalls a law firm, it claims to provide investment services, and on 6 November 2026 the FCA stated that the site may be operating without authorisation.

⚖️ The Legal Status of Davis and Cole

• FCA: The warning dated 6 November 2026 states that the firm is not authorised; the only address given is "London W1B".
• Domain: davisandcole.com was registered on 24 June 2026, so the site is about five months old.
• Türkiye: It does not appear in the SPK list of authorised intermediary institutions.

🚩 The Multi-Asset Platform Scheme

Sites that show crypto, stocks and currencies in the same dashboard give the investor the feeling that "there is an opportunity in every market". In schemes of this kind, a representative makes contact by telephone, has the person open an account with a small amount and shows profits rising quickly on the dashboard. As the balance grows, additional investment is requested; at the withdrawal stage, an account verification, tax or liquidity fee appears. There is not yet any independent record documenting these steps for Davis and Cole; what is described here is how this type of platform works.

🔗 Other Platforms Using the Same Method

Sites that show a fake balance on the dashboard while promising access to several markets:

🧭 Legal Routes for Victims

Unauthorised capital markets activity is regulated in Article 109/2 of Capital Markets Law No. 6362, while fraud committed over the internet is a qualified form under Article 158/1-f of the Turkish Penal Code. To trace the money, an asset investigationTR is important, and for the legal nature of the relationship with the platform, the invalidity of the account opening agreementTR matters.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions