Analysis: Rise of the clones
Insurance clone warnings doubled last year, as fraudsters got creative in their attempts to scam the public. Post investigates the rise of the clones and asks why it is so tough to police these fraudulent firms
Of the 23 unauthorised firm warnings issued by the Financial Conduct Authority in 2019, 14 (just over three in five) of these dealt with clone firms.
A clone firm differs from your typical
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