In a speech at the Financial Crime Summit, Financial Conduct Authority (FCA) executive director Sarah Pritchard said “we are already seeing more scams,” as she warned financial crime is set to become “even more prolific”.
She pointed to research showing more than seven-in-ten people say they have been targeted by scammers over the past three months, as she said con artists are increasingly “try to exploit” the UK’s cost of living crisis.
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