Criminal gangs flogging bogus investments and ‘get-rich-quick’ schemes stole an average of £13m a week in the past four years, according to Action Fraud data revealed by a Freedom of Information request.
It's a horrifyingly profitable crime, and victims can lose their lifetime savings. But what are the different types of investment fraud? From ‘pension liberation fraud’ to ‘Ponzi schemes’– find out the different types of fraud and how to invest safely.
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Source: Which? (08 Apr 2024)