FCA sounds latest clone broker alarm
A warning has been published by the regulator about a clone of Protect Your Bubble, which provides gadget and jewellery insurance.
The Financial Conduct Authority has published a warning about a clone of authorised gadget and jewellery broker, Protect Your Bubble.
The clone is operating online with a similar website address to the authorised company.
The FCA stated: “This is what we call a ‘clone firm’; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) we
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