Consumers are being targeted by “dubious” companies offering investment opportunities in graphene, the carbon-based wonder material, Britain’s financial watchdog has warned.
The Financial Conduct Authority will today post warnings on its website relating to “unscrupulous brokers” who “appear to be taking advantage of the hype surrounding graphene and are using uncertainty about its future as a way to entice consumers to invest”.
The regulator decided to take action after finding details relating to a graphene investment firm on the computer servers of a suspected UK “boiler room” scam that it investigated.
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