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Category: Cryptocurrency Fraud & Mis-selling

KL office staff member
Cryptocurrency Fraud & Mis-selling

UK bans cold calls selling all financial products

The UK is banning cold callers from selling financial products in a bid to crackdown on scams. The blanket ban – which covers unsolicited calls offering any financial product – also extends to legitimate schemes and investments.

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Keller Lenkner
Cryptocurrency Fraud & Mis-selling

Reports of investment scams up 193% in five years 

Reports of investment scams have risen by almost 200% in just five years according to the Financial Conduct Authority (FCA). And the good news is that a staggering £2 million was saved by investors in 2022, as they informed the FCA about a suspected scam before money was lost.

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Cryptocurrency Fraud & Mis-selling

Should you purchase an NFT as an investment? 

NFTs have exploded in popularity over the last few years. In particular, celebrities, have purchased NFT cartoon apes and video clips. As well as being used for gaming purposes and bragging rights, NFTs are also increasingly being seen as investment assets.  But should you purchase an NFT as an investment? 

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