FSA issues Glencore share scam warning

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The Financial Services Authority (FSA) has warned investors against buying shares from cold callers claiming to be from Glencore International Plc.

The mining and commodities trading giant floated onto the stock market earlier this year, going straight onto the FTSE 100 The FSA said: "The publicity surrounding the recent Glencore IPO has prompted a number of share fraudsters to cold-call UK consumers claiming to be Glencore International Plc selling Glencore shares. "The legitimate Glencore International Plc have confirmed to the FSA that the Glencore International Plc mentioned below has no association whatsoever with the FSA authorised Glencore entity. Glencore has confirmed to the FSA that Glencore International Plc does no...

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