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Fake motor finance compensation offers being made by scammers, FCA warns

by London Mail
August 11, 2025
in Business
Reading Time: 1 min read

Nisha Arora, director of special projects at the FCA, said: “We’re aware of scammers calling people and posing as car finance lenders, offering fake compensation and asking for personal details. There is no compensation scheme in place yet. If anyone receives a call like this, hang up immediately and do not share any information.”

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