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The Financial Services Authority is warning investors not to play Russian Roulette with their savings by dealing with unauthorised firms. The renewed warning has been prompted by a surge in the number of enquiries and complaints that the Authority has received about unauthorised overseas firms that have targeted UK-based investors in the last 12 months. The FSA previously warned about such firms in May 2000.
For full details of the alert, see http://www.fsa.gov.uk/pubs/press/2002/056.html
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