The Financial Conduct Authority (FCA) has issued a warning about a firm named FCA Investments, which has donned FCA branding and colours.
The regulator's warning suggested the firm has been providing financial services or products in the UK without regulatory authorisation. The firm's website claims to be offering "FCA regulated investments, bond and fund opportunities" that can command returns of up to 11.4% per year. The firm's website is decked in the FCA's colours, and has versions of both the FCA and Financial Services Compensation Scheme logos on its homepage. It also claims its investment offerings are "fully FCA backed" and offer capital security. The regulator said: "This firm is not authorised by us and is...
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