FCA chair: Financial crime 'has reached epidemic proportions'
Charles Randell outlines FCA's approach to combating fraud
FCA Chair Charles Randell
Investment fraud is one of the "the most damaging" aspects of financial crime, which "has reached epidemic proportions" with a growing number of investors scammed out of their savings, according to chair of the Financial Conduct Authority (FCA) Charles Randell.
The FCA has been the target of much criticism for its handling of a spate of high profile scams and inappropriately risky investment scandals, such as that of London Capital & Finance, but Randell said...
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