FCA bars 4 Cypriot firms for CFD scams

The FCA has taken action to stop four Cypriot investment firms that used unauthorised celebrity endorsements from continuing to offer high risk contracts for difference (CFDs) to UK investors after a number of customers lost more than £100,000 to the schemes.


Adviser brothers ‘betrayed’ clients in £17m scam

Clients of two brothers who ran an advice firm have described, the shock, betrayal and “terrible emotional impact” on their lives after they lost pensions and life-savings.

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