Fraudsters target SJP clients in clone scam offering advice

Sophie King
clock • 2 min read

Clone scammers have targeted St. James's Place (SJP) customers by pretending to be a fake bond website and acting as an adviser from the advice giant.  Professional fixed income investor and campaigner Mark Taber spotted the scam and has reported it to the Financial Conduct Authority (FCA) and SJP. Scammers appeared to be acting as a fake SJP adviser called Richard Thorpe, offering support and guidance relating to bonds with fake website 'Bond Compare'. Taber became aware of the fraudulent website last year after it targeted customers of other advice firms. He reported the website ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?