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Regulator slams sham scam spam

The Island's finance regulator is warning people not to fall for a Facebook investment scam posing as a Manx business.

Financial Services Authority issued the warning about Facebook adverts for Ellan Vannin Profitspoint Multi Income - which feature graphics claiming to have paid out to Conister Bank accounts.

The FSA says Conister doesn't know anything about the payments - and the FSA says Ellan Vannin isn't licensed.

It says the Facebook page is simply a scam and people should ignore it.

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