Investment scams look genuine at first sight. Many sophisticated investors and professionals have been caught out. Everyone should be ScamSmart.
The FCA says: “We will focus on action against firms and individuals who perpetrate scams. We have a range of enforcement tools to tackle those engaging in unauthorised business, including civil court action to stop activity and freeze assets, insolvency proceedings and, for the most serious cases, criminal prosecution.”
https://www.moneymarketing.co.uk/fca-pledges-to-crack-down-on-unauthorised-investment-scams/
