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The Independent UK

Business

Vicky Shaw

Financial watchdog warns savers could lose everything in high-risk online adverts

FCA City the Financial Conduct Authority

Online promotions offering high returns may look simple and safe but carry the risk of leaving people with complete financial losses, the City watchdog has warned.

The Financial Conduct Authority (FCA) highlighted the risks of investing in loan notes and mini-bonds offered by unregulated firms, following ongoing reports of consumers losing money.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

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