FCA warns of Instagram influencer @Jamie.tradesfx
UK financial regulator The FCA issued a warning regarding a popular Instagram influencer who has been peddling investment advice without a license.
The FCA stated that Jamie Shepherd, who goes on Instagram as @Jamie.tradesfx and @Jamie.fba, has been providing financial services or products in the UK without authorisation.
A quick check of Instagram reveals that both named accounts are now down. However we believe that Jamie Shepherd has just changed to similarly worded handles and takes on Jamie / FX / trades, and is still actively posting. Most of the posts put him in front of a luxury car of some sort, a common practice used by online scammers aiming to convince people that they are credible and making lots of money.
The FCA warning against Jamie Shepherd can be seen here.
Anonymous
August 27, 2020 @ 2:01 am
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