£10m fine for card protection firm

Press Association
Updated
Credit cards
Credit cards

A credit card protection firm has been fined a record £10.5 million after it mis-sold products such as identity theft cover to thousands of customers.


CPP has also agreed to pay an estimated £14.5 million in compensation to customers after the Financial Services Authority (FSA) found widespread mis-selling of products between January 2005 and March 2011.
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