The Central Bank of Ireland published a warning notice about an unauthorised firm using the name Stalwart Investments Limited and the website stalwartinvestmentslimited.com, stating it is not authorised to provide retail credit services in Ireland. The Central Bank described the activity as an example of “advanced fee fraud”, where an upfront payment is sought to obtain a loan that is not provided. It said the unauthorised firm has cloned the details of a Central Bank-authorised firm, Stalwart Investments Limited trading as Loan365, and is impersonating the legitimate firm, which has no connection to the clone; the legitimate firm’s services are accessed via the Loan365 application on the Android and Apple iOS app stores. The firm’s name has been published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.