An alert from the Financial Conduct Authority (FCA) revealed that fraudsters were using the details of the authorised South London firm, Wentworth Insurance Brokers, to scam people in the UK.
The watchdog detailed: “Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
“This is what we call a
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