TLW Solicitors

The Financial Conduct Authority (FCA) has raised concerns that some regulated financial advice firms have charged ongoing and annual fees for advice that was not provided to their clients. Discover more: https://buff.ly/3WzDOip #IFA #FinancialAdvice

NEWS UPDATE: Revolut Customers Successfully Refunded After Unauthorised Transaction Fraud Stolen phones, cryptocurrency and impersonation fraud led to financial loss for three Revolut customers. Complaints to FOS ended successfully, with full refunds and compensation. https://buff.ly/3XVkJZX #Scams #Fraud #UnauthorisedTransactions

If you are the victim of a conveyancing scam, immediately contact your bank, the police, and Action Fraud, the National Fraud and Cyber Crime Reporting Centre. If you have lost money, then that may lead to a criminal investigation by the police. https://buff.ly/3FvIzBB #APPfraud #ConveyancingScam

NEWS UPDATE: Monzo Customers Refunded Money Lost to Scammers Through APP Fraud Employment scams and impersonation fraud fooled three Monzo bank customers, but the bank should have done more to protect their money, Financial Ombudsman says. https://buff.ly/3BfktfJ #APPfraud #Scams

Citizens Advice is running a Scam Awareness Week from 21st to 27th October. Discover more: https://buff.ly/4eMkVk1 #ScamAlert #FinancialFraud #InvestmentScam

NEWS UPDATE: 'Pig Butchering' Scam Discovered on the Isle of Man A recent investigation has uncovered a ‘pig butchering’ scam operated by Chinese workers on the Isle of Man. The scammers used a seaside hotel and the offices of a former bank to conduct their fraud, conning their victims out of millions over a year-long period from January 2022 - January 2023. Read the full article here: https://buff.ly/3MZWweK #APPfraud #Scams

Meet Peter, Peter is a TLW Partner and our FSCS Claims Expert. He is on hand to give you the best advice. #Solicitor #LawFirm #NorthEast

NEWS UPDATE: FCA to Investigate Commissions Paid to Advisers for ‘Pure Protection’ Insurance Products Term assurance, critical illness cover, income protection insurance, and whole of life insurance will all be scrutinised by the industry watchdog following concerns as to whether they deliver good outcomes or offer good value to policyholders. #FinancialServices #PureProtection #FCA #Commissions #FinancialMisselling

If you suspect you have been the victim of an APP scam, then urgently report this to the bank, the police, and Action Fraud, the UK’s national reporting centre for fraud and cybercrime. If you have lost money, this may lead to a criminal investigation by the police. Learn more: https://buff.ly/48mJi5o #APPFraud #BankNegligence

NEWS UPDATE: Revolut Told to Improve Financial Crime Controls Following ECB Review The Lithuanian-based bank is under the direct supervision of the European Central Bank (ECB), whose review has found some of Revolut’s processes to be lacking. As a result, Revolut has vowed to invest more in financial crime prevention and recruit more staff. #Revolut #FinancialCrime #Fraud #Scams