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Whistle-blower accuses FSA in major 'miss-selling scandal'

Mon, 25 Jan 2016


Financial authorities on the Isle of Man appear to have been implicated in a £75 million 'miss-selling scandal'.

A group of MPs are investigating the collapse of a ScottishPower cashback structure which was set up and insured by companies on the Island.

The scheme folded leaving 625,000 customers out of pocket - it's understood the chairman of the Isle of Man Financial Services Authority has been asked to give evidence to Westminster next week.

Whistle-blower, and former Island resident, Alan Campbell founded the campaign - he claims the FSA have known about it years; which he says is a disgrace: 


Media

  • Alan Campbell

 

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