A criminal prosecution brought by the FCA has led to four men being found guilty in relation to their roles in a cold-calling scam that cost more than 300 victims a combined £1.4m. Read more.
A man who lost £200,000 on a investment scam has spoken how his “shame and embarrassment” led to depression. Read more.
A fake green investment gang who duped nearly 800 celebrities and wealthy investors into handing over more than £100 million has been jailed. Read more.
Consumer group Which? has issued an alert on what it describes to be the UK’s ‘biggest investment con’. Read more.
UK investors have reported losses of £50m – and the true figure could be far higher. Read more.
The government is working on legislation to make sure that the cold calling ban will be in place before 2020. Read more.
Payment Systems Regulator has been looking into such scams following a “super-complaint” by consumer group Which? Read more.
An email scam has been targeting Netflix subscribers, hoping to gather personal information and payment details from those who use the streaming service. Read more.
WhatsApp users are being warned about a free ‘voucher’ for ASDA that promises £250 money off – but don’t be fooled as it’s a scam by fraudsters to steal your details.
Fraudsters con people out of more than £250million a year with bad investments and that maybe the “tip of the iceberg”, according to the Financial Conduct Authority. Read more.