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    Tuesday, 23 July 2019

    UK watchdog warns financial advisors of fake Bitcoin email campaign


    Con artists will try anything to make their schemes appear legitimate to unwitting victims. In a recent email doing the rounds to financial advisers, scammers have been impersonating the UK‘s Financial Conduct Authority (FCA) luring victims into a trap with Bitcoin. The email features the FCA‘s recognizable maroon branding and logo. It also features branding from UK financial services regulatory body, the Prudential Regulation Authority, the FT Adviser reports. The illegitimate communication had a subject line that read “Guaranteed chance to earn,” followed by a paragraph of text that suggested Bitcoin is set to rise in value over the next…

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