FCA warns of cold calling fake regulator fraudster

The FCA said it believes the individual has been providing financial services or products in the UK without authorisation. A person introducing himself as William Howarth has been cold calling consumers and trying to persuade them to send him advance fees in order to invest in products such as fine wine or to allow him to buy shares that they already own, the FCA said. Howarth is fraudulently telling consumers that he is calling from FCA. "Mr Howarth is not in any way affiliated with the FCA and any calls recieved from him are not from the FCA. The FCA do not cold call consumers," ...