Over-60s ‘particularly vulnerable’ to investment fraud
0 Have your say New figures from an investigative unit working in the City of London have revealed that fraudsters are increasing their illegal activities, aimed at extracting money from unsuspecting members of the public, often pensioners.
UK-wide investment fraud reports to Action Fraud increased by 9.5 per cent last year - from 2,910 in the financial year 2014/15 to 3,186 in 2015/16.
This suggests that scammers are are operating ‘boiler rooms’ in new locations in the UK.
In 2014 the City of London Police, City of London Corporation Trading Standards, Metropolitan Police, National Trading... read more
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