FCA issues warning on Instagram-based broker

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The Financial Conduct Authority (FCA) has issued a warning regarding Delta Car Insurance.

Based on information it has acquired, the regulator believes Delta has been offering financial services and products without authorisation, targeting customers in the UK.

Delta has been conducting business over the phone and via its Instagram page.

The company has been using the social network since October 2017, posting testimonials from supposed customers and encouraging users to bypass other providers

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