Financial Planning firm boosst.financial has revealed how it fought back against scammers who tried to clone the firm’s identity to rip off investors.

Fraud worth £820m was stopped in the first half of 2019, up 14% on the previous year, according to the latest figures from UK Finance.

Scammers are targeting CISI members by claiming they can receive sponsorship.

The PFS has called for a “wider united campaign to protect the public from the scourge of scammers.”