FCA warns of Close Brothers clone

Warning sign against cloud backdrop

The Financial Conduct Authority (FCA) has warned that Close Brothers has been cloned.

Scammers have been targeting consumers in the UK, pretending to be from the merchant banking group.

It is understood that Close Brothers Premium Finance, which is a subsidiary, is not affected.

According to the regulator, fraudsters may be using Close Brothers’ real details, such as the name and its FCA reference number, to convince people that they work for an authorised firm.

The regulator further

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