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UK's FCA apologizes and offers compensation to investors duped by fraudulent firm Collateral.
The UK Financial Conduct Authority (FCA) has apologized to investors in the fraudulent peer-to-peer firm Collateral and urged them to come forward by March 31, 2025.
The firm’s directors falsely altered its entry on the FCA's register to appear authorized for consumer credit activities.
The FCA received over 300 complaints and will pay £500 to affected investors and £150 for delays in handling complaints.
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FCA del Reino Unido pide disculpas y ofrece compensación a inversores engañados por la empresa fraudulenta Colateral.