Bogus communications claiming to be from John Tiner, chief executive of the Financial Services Authority (FSA), are being sent to firms and consumers asking them to give personal information about their bank accounts.
The bogus letter from Tiner asks recipients to call a number, purporting to belong to the British Bankers’ Association (BBA), with their bank account details so funds can be released to a designated bank account “to provide the optimum blend of services in order to take full account of your individual banking needs”. Other bogus communications claiming to be from the FSA are often in the form of emails or letters, using the name of a current or former FSA employee. The regulator says such communications are likely to be linked to organised fraud and it advises recipients not to respon...
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