OFSI warns of scams impersonating the sanctions authority to demand payments, crypto transfers, or fees to release frozen funds, urging users to verify communications and report suspicious activity

The guidance explains how businesses and individuals can assess emails, letters and other communications claiming to come from the Office of Financial Sanctions Implementation. OFSI clarifies that it will never request payments, charge a fee for a licence or ask for money to release assets, helping recipients distinguish legitimate regulatory contact from phishing and financial fraud…