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Nearly 500 victims transferred funds to ‘ruthless’ fraudsters posing as FCA

By 2025-08-27T13:00:00

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‘Fraudsters are ruthless. They attempt to steal money from innocent victims by impersonating the FCA,’ says executive director

Figures published by the FCA on 27 August 2025 showed that 4,465 reports of fake FCA scams were made to its consumer helpline between January and June this year.

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