Regulation  

FSCS issues fresh email cheat warning

FSCS issues fresh email cheat warning

The Financial Services Compensation Scheme is warning the public yet more scammers are trying to lure victims by claiming to be from the body.

It has published a warning that consumers should avoid emails addressed from either Bonham Holdsworth or Jefford W Rangham.

In a statement, the FSCS said: "The FSCS is not connected with these two individuals in any way and would not contact you via email. Please avoid falling victim to a potential scam or fraud."

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It warned not to provide any information to these people.

This is the latest in a string of recent attempts by scammers to impersonate the FSCS.

Late last year a Russian website claimed to represent the compensation scheme and asked people to register for a claim.

Under the banner of Investor Protection Management, the site by Insider Group claims to be a wholly-owned subsidiary of the UK compensation scheme.

But the FSCS has said it is not and it is not connected to the Russian website in any way.

Just a month before that the scheme warned consumers of fake emails from fraudsters claiming to represent it.

Earlier in 2017 there was another attempt at impersonating the FSCS when scammers posing as the scheme emailed consumers in a bid to entice them into providing personal information with the promise of a $5.7m (£4m) payment.

damian.fantato@ft.com