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The FCA strikes back with Firm Checker tool as 800,000 fall victim to scams

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Photo: Getty Images

Jean Hurley

3 min read
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By using the tool and checking if a firm is authorized, people can significantly reduce their chances of falling victim to fraud.

The FCA has launched a new weapon in the fight against financial crime: Firm Checker. The tool is designed to help consumers verify the legitimacy of financial service providers in seconds, an important development as data in the FCA press statement revealed that approximately 800,000 UK adults fell victim to

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