Scams
Over 125,000 people have lost money to pension scams
Around a quarter of a million retirees have been contacted by fraudsters at least once
Financial advisers lost £93m to invoice scams
Over 40% of firms in the UK are unaware of the risks
Under 8% of scammed investments returned to victims
There were 3,385 reported scams in 2018
HIV investment scammers jailed for total of 14 and half years
Scheme was promoted as an ‘investment opportunity’ but was ‘fraud masquerading as avoidance’
Instagram to fight against investment scams
Some 356 reports of scams were made to a UK fraud centre with a total loss of just over £3.1m