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The Carphone Warehouse fined by UK FCA over mis-selling of mobile insurance

( March 13, 2019, 09:54 GMT | Official Statement) -- MLex Summary: The Carphone Warehouse has been fined by the UK’s financial watchdog over the mis-selling of Geek Squad, a mobile-phone insurance and technical-support product. The Financial Conduct Authority said The Carphone Warehouse had failed to give its sales consultants the right training to give suitable advice to customers purchasing Geek Squad, and that in some cases the insurance was recommended to customers who already had cover.Statement follows....

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