Friday 29 January 2021

Action Fraud: Attack of the Clone Firms

New warning from Action Fraud, the City of London Police and the Financial Conduct Authority (FCA).

Action Fraud and the City of London Police are working with the Financial Conduct Authority (FCA) to issue a warning to the public, amid reports of ‘clone firm’ investment scams.

Attack of the clone firms: Over £78 million stolen in 'clone firm' investment scams with victims losing more than £45,000 each, on average.

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