The Central Bank of Ireland issued a warning notice on Clarus IV ICAV (CLONE), stating that the entity is not authorised to provide investment services in Ireland and is not an authorised Irish Collective Asset-Management Vehicle (ICAV). The Bank said the firm has cloned the name and Central Bank authorisation details of a legitimate, Central Bank authorised ICAV to give an air of legitimacy to a scam, and emphasised there is no connection between the authorised fund and the scam entity. The warning identifies the website being used as https://www.clarusiv.com/ and notes that the name is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013.