City watchdog pays Google £600k of taxpayers’ money on adverts in war on scammers

The City watchdog spent almost £600,000 of taxpayers’ money on Google adverts last year as it tried to warn consumers about internet scams.

The Financial Conduct Authority (FCA) is locked in a battle over advertising space with fraudsters, who are also splashing out millions of pounds every year on Google and other sites to promote their dodgy schemes.

It means that Google is making money both from the fraudsters paying to advertise their scams as well as financial regulators warning about them.

The Financial Conduct Authority is locked in a battle with fraudsters, who are splashing out millions of pounds every year on Google and other sites to promote their dodgy schemes

The work and pensions committee of MPs has said it is…

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