Investment manager Vanguard is the latest firm to be hit by a clone attack by fraudsters, according to a warning from the FCA.

Clone scammers have targeted Fidelity’s investment administration arm by setting up a fake website to try to con investors.

The FCA has reiterated its warning to investors - first issued in 2021 - about 'clone' scammers trying to impersonate savings bank Marcus by Goldman Sachs.