Lancashire-based Financial Planning firm Breaks Wealth Management has become the latest firm to be hit by clone scammers creating a fake replica of the firm’s website.

Financial Planning Wales, a Chartered Financial Planner firm, has become the latest firm to face a cloning scam as the FCA warned that scammers are using fake details of the company to try to con people.

Fraudsters are using the details of an authorised passported asset manger, the FCA has warned.

Social media network LinkedIn has defended its anti-scam policies after it came under fire from boosst.financial when it fell prey to a cloning scam.