FCA fails to stop clone broker on Facebook
Insurance Age gets page operated by fraudsters removed from the social media site.
Facebook has confirmed that the Facebook page operated by scammers using Car Insurance 4 u’s details has been taken down following an investigation by Insurance Age.
This comes after a warning was issued by the Financial Conduct Authority (FCA) that fraudsters were using details of authorised motor broker Car Insurance 4 u in order to convince people they worked for a genuine company.
In an interview with Insurance Age, Clive Jones, general manager of Car Insurance 4 u, said that the regulator
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