Fraudsters posing as Royal London target investors

Royal London Asset Management and the FSA are warning investors of a fraudster firm operating under the ‘Royal London Investment Group' banner.

The bogus firm says it is based at 33 Gracechurch Street, only a few doors down from the RLAM offices at 55 Gracechurch Street. RLAM has contacted its lawyers in a bid to track down and remove the bogus firm's website, which RLAM says proposes "vague and strange" services. The FSA has issued a statement warning the organisation may be "targeting UK customers". RLAM says it has received a number of calls from confused investors and has posted an alert on its website and across the sites of the Royal London Group. "It has been brought to our attention that a company called Royal L...