Consumers are being warned of a new wave of investment scams by FraudSmart, a fraud awareness initiative led by the BPFI.
The scams involve brochures using the names and branding of well-recognised, legitimate bonds and investment schemes, which the BPFI warns are being circulated by fraudsters and advertised online. Niamh Davenport, Head of Financial Crime with BPFI, said: “In recent months, FraudSmart members have noticed a rise in very serious and elaborate investment scams and ...
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