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The Central Bank also issued a warning notice to an unauthorised investment firm.
The warning says that there is no connection between the Central Bank-authorised firm PGMS (Ireland) Ltd and the unauthorised entity.
The bank said it is a criminal offence for companies such as this to provide financial services that require authorisation from the bank.
The bank says that Lehman Reilly is claiming to be an investment firm, but is not authorised.
The Central Bank says there has been a 100 per cent increase in complaints from the public about unauthorised investment firms.
The regulator has said that Elliott & Laurence Consultancy Group is not authorised in Ireland.