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FCA takes interest in WeRe Bank


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As any sensible person will know, the Freeman movement are stating that using WeRe cheques are legal tender. Errm! Nope :lol:

 

The Financial Conduct Authority have taken an interest in this and have published a statement.

 

The FCA has received many reports from consumers, public bodies and commercial organisations about an entity styling itself as WeRe Bank. Find out more about WeRe Bank’s activities and why we have some concerns about it.

 

http://www.fca.org.uk/news/consumer-notice-were-bank

 

If that doesn't convince you to stay away, you had better start investing in tinfoil hats :madgrin:

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There are other currencies around the country e.g Bristol Pound. But these are authorised via an official process which I think Bank of England handle in England or Wales.

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