Scottish IFA targeted by cloning scam - papers 6th Feb

The firm found an exact copy of its accounts, including the names of the directors, had been posted at Companies House in November by a dormant business based in Exeter. A Companies House employee became suspicious because the new company had not posted accounts since it was registered in 2002 and a cross-check of the directors revealed the attempted scam. Alan Steel, chairman of Alan Steel Asset Management, says: "We were contacted by somebody from the fraud squad, saying we had been cloned. We were fortunate that some eagle-eyed person cross-related the directors. The company regist...