Another IFA falls victim to boiler room scam

Regulator warns against two London-based boiler room operations.

Boiler room fraudsters are contacting consumers posing as a County Durham-based advisory firm, which is the latest victim of the growing spectre of so-called ‘clone firm’ scams.

According to an alert published last week by the regulator, a London-based boiler room is contacting customers from an email address claiming to be adviser D&G Financial Services Limited.

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