Quilter Cheviot clone firm prompts watchdog warning

The regulatory body said the "clone firm", calling itself Quilter Cheviot Investment Management, had been cold-calling consumers to lure them into paying them. A Quilter Cheviot spokesperson said it was recently made aware of an organisation "masquerading as Quilter Cheviot and attempting to sell fraudulent investments to members of the public".  "This incident has been reported to the FCA who is in the process of taking steps to stop this organisation from operating," the spokesperson said. The firm stated on its website that it "recently noticed an increase in people impersonatin...