FCA raises clone broker alert
Regulator warns that Zelomit Insurance has "no association" with Saffron.
The Financial Conduct Authority (FCA) has issued a warning against clone broker Zelomit Insurance, posing as Saffron Insurance.
The regulator warned that "the scammers may give out other false details or mix these with some correct details of the authorised firm".
The FCA stated: "Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm."
According to its website, Zelomit's head office is in Mayfair and it also boasts a branch
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