Video: FSA hits YouTube with investment warning

Laura Miller
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The FSA has gone viral, posting its first consumer guidance video on how to avoid falling victim to land banking schemes on YouTube.

The FSA estimates schemes where investors are conned into buying worthless plots of land cost consumers as much as £200m. Here Jonathan Phelan, the FSA's head of unauthorised business and scams expert explains how land banking schemes work and how consumers can keep their if you are contacted by scammers.  

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