Social media giants serve as gateway for scams, warns finance watchdog | Scams

Social media sites such as Facebook and Instagram serve as a “gateway” for fraudsters, the City watchdog has warned, as it demanded they take tougher action on financial scams. While the Financial Conduct Authority (FCA) praised Google for having changed its terms for financial advertisements earlier this month, the regulator’s head of enforcement said other… Continue reading Social media giants serve as gateway for scams, warns finance watchdog | Scams