FSA warns of boiler rooms mimicking UK firm details

In September last year, Royal London Asset Management (RLAM) and the FSA warned investors of a fraudster firm operating under the ‘Royal London Investment Group' banner. The bogus firm had a website mimicking RLAM's, and claimed it was based at 33 Gracechurch Street, only a few doors down from the real RLAM offices at number 55. RLAM contacted its lawyers in a bid to track down and remove the bogus website, which it says proposed "vague and strange" services. Scammers are increasingly cloning authorised firms' websites but with a few subtle changes, such as a different phone number...