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UK watchdog warns financial advisors of fake Bitcoin email campaign

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Matthew Beedham


Con artists will try anything to make their schemes appear legitimate to unwitting victims. In a recent email doing the rounds to financial advisors, 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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