FCA posts fresh clone broker warning
Regulator says fraudsters are using details of authorised firm MEM Insurance Brokers to target people in the UK.
The Financial Conduct Authority (FCA) has issued another warning about a cloned insurance broker.
The regulator said in a statement that unauthorised business Speedy Insurance has been targeting people in the UK claiming to be an authorised firm.
The FCA explained that Speedy Insurance is a clone of authorised Stoke-on-Trent-headquartered broker MEM Insurance Brokers.
Fraud
In a statement, the regulator said: “Fraudsters usually use this tactic when contacting people out of the blue, so you
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