Skip to content
The Proofmark
Free callback

Clear evidence
Safer decisions
A fairer internet

📰 Market news

Crown and Bates: IPO Warning and Checks Before You Pay

Event date:

Published · updated · 4 min read

Checked by The Proofmark editorial team against our methodology before publishing

The Proofmark · Our methodology

Crown and Bates: IPO Warning and Checks Before You Pay

An offer of shares before a stock-market listing can sound like a chance to get in early. With Crown and Bates, an official warning makes checking the offer especially important. The first question is simple: what would you actually own, and who can confirm it independently?

What do we know about Crown and Bates?

The FMA entry identifies Crown and Bates and crownandbates.com. It lists a claimed Copenhagen office. That address is a detail used in the offer, not proof of a Danish licence or a working office.

Our attempt to retrieve the website timed out. That does not prove it has closed. We have not confirmed the people running it, a specific share allocation or a total customer loss. The dated FMA warning is the basis for this report.

What does IPO mean?

An IPO is a company's first public share offering. “Pre-IPO” means before that offering. The phrase does not prove that shares exist for you to buy or that a public listing will happen.

This creates a simple question: what, exactly, are you being sold? It may be a share, an interest in a fund or something else. Those are not interchangeable. A famous company name on a brochure does not answer the question.

Before paying, ask for proof of the deal

Ask for the seller's legal name, the share issuer, the class of shares and the name in which ownership will be recorded. Ask who can confirm the holding independently. Check that contact through a separate trusted source.

Also ask about resale limits, fees and what happens if the listing never occurs. Do not accept a promised listing date as a substitute for these terms.

If your offer uses crownandbates.com, pause payment. Do not rely on a reassuring reply from the same salesperson as the only check.

A clear question to send about the shares

“Please identify the company whose shares I would own, the share class and quantity, the legal owner recorded in the register, and the independent organisation that can confirm my holding. Please also explain any restriction on selling.”

Use the reply to check the offer, not as proof on its own. For example, owning units in a vehicle that holds shares is different from owning those shares directly. Ask for that difference in writing before relying on a familiar company name.

If you already sent money

  1. Save the offer, contract and payment receipt. Record the exact website and the person who contacted you.
  2. Write down what you were told you would own. Keep any certificate, but do not treat its appearance as proof.
  3. Contact your payment provider promptly if you suspect deception. Explain what you bought and why you now question it. Ask which dispute or recall options fit the payment.
  4. Keep later fee demands separately. Do not send more money just because someone says the first payment cannot be recovered without it.
  5. Use the FMA report link in the warning if relevant, and your local reporting route. Keep a record of each submission.

These steps are general precautions for a reader whose offer matches the warning. They are not a claim that we have examined your own contract.

Does a share certificate prove you own the shares?

A useful check must go beyond the selling website's own dashboard. Ask who keeps the ownership record and how you can verify your entry without going through the salesperson. If a fund sits between you and the shares, ask what you own in that fund.

Do not assume that an inability to sell immediately proves fraud in every private investment. Some genuine holdings have resale limits. Here, however, the named FMA warning is an additional reason for serious caution.

To check the seller independently, read how to check a broker’s licence.

Want help understanding what you were offered?

Have the offer name, website and payment details ready. We can help separate the share claim, the seller and the payment route so you know what to ask next.

Request a free phone consultation. A call can clarify the situation; it cannot guarantee that shares or money will be recovered.

Sources

Where to get help in your country

Choose your country to see where to check a company, report a scam and get help.

Choose your country to see local contacts. If it is not listed, you can ask our team for help.

🇬🇧 The United Kingdom 🇺🇸 The United States 🇨🇦 Canada 🇦🇺 Australia 🇮🇪 Ireland 🇳🇿 New Zealand 🇿🇦 South Africa 🇩🇪 Germany 🇫🇷 France 🇪🇸 Spain 🇳🇱 The Netherlands 🇮🇳 India 🇳🇬 Nigeria 🇵🇭 The Philippines 🇸🇬 Singapore

🔎 Check the firm

FCA Firm Checker — Search the firm name, its website, or the reference number it gave you.

🚨 Report it

Report Fraud (City of London Police) — Report online or call 0300 123 2040. In Scotland, call Police Scotland on 101.

↩ Ask for your money back

Financial Ombudsman Service — Complain to the firm first, then bring it here. Free, and it can order the firm to pay.

Every address above was opened and checked by us on 30 September 2026. Tell us if one has moved.

Was this article helpful?

Thank you. Your feedback helps us improve.

Your reason has been saved.

Your callback request is received.

Our team will call .

You do not need to send another request. The call is free.

Your reference:

Request a free callback

Leave your number. We will talk through what happened.

Name and phone number are required. All other details are optional.

Your saved draft has been restored.

Choose your country, then enter your number. You can also paste a number with + or 00.

Add details — optional

This may differ from your phone number's country code. It helps us find the right local contacts.

Free of charge. We never ask for your bank password, PIN or recovery phrase.

This form saves a draft on this device for 24 hours. .

More from Market news