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Fake bank's claims a load of Baloise, says regulator

There's a warning about an online bank which claims to be based in the Isle of Man, after an investigation by regulators.

The Financial Services Authority says it's looked into Baloise Bank, which says it has offices on Prospect Hill in Douglas.

No such company exists at the address given, and the FSA says no such bank is registered to do business from the Island.

It says it's a scam, and people should steer clear!

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