Scams
Fraud and scam complaints to ombudsman rise 66%
‘It’s a real concern that we are seeing such an increase’ in cases
FCA injects £11m into fight against investment scams
Consumers lost £570m to fraudsters in 2020-21 alone
More than 20 million Brits targeted by financial scammers
‘It is worrying to see the sheer scale’ of the problem
TikTok imposes global ban on investment promotions
Change means that ‘regulated financial firms could be swept up in it’
‘Cruel and callous’ fraudster to pay £390,000 compensation
After he conned £1.7m from victims using ‘relentless cold calling and high-pressure sales tactics’