Tag: Scam

Retirement savers need to tread carefully online as pension scammers posing as consumer-friendly businesses are offering anti-fraud advice on their web sites. Financial watchdog The...

Pension scammers are coming under fire from MPs who want to do more to stop fraudsters preying on vulnerable savers. The UK Work and Pensions...

Britain’s leading financial watchdog has lifted the lid on how pension scams are investigated - and revealed 20 scammers are under scrutiny for suspected...

If you are scouring the markets for investments that maximise returns, you need to know how to spot dodgy companies and advisers . In the...

Average savers lose £32,000 each to pension scammers and millions of retirement savers over 55 years old fall victim to the fraudsters, according to...

Fraudster Manraj Virdee was sentenced to two years in jail for running a ‘spectacularly unsuccessful’ investment scheme that netted £600,000 mainly from friends and...

It’s the tax year end and fraudsters are lying in wait to trick unwary investors out of their cash, a financial consumer watchdog is warning. The...

The ban on pension cold calling has finally come in to effect. Making unsolicited calls to consumers about pensions are illegal from January 9. Companies breaking...

An elaborate scam to persuade wealthy investors to stake their cash against growing truffles cheated more than 100 people out of £9 million. The investors...

The ban on pensions cold calling to crack down on scammers is slowly moving forward. The government has published draft regulations aimed at stopping fraudsters...

Fraudsters netted £503 million and diverted the cash to organised crime in the first six months of the year, according to new data. Trade body...

The true cost of rogue pension advice has been revealed in data released by a consumer champion. Savers have lost millions of pounds to rip-off...

Fraudsters looting lifetime savings from pensions with scams grab an average £91,000 from each victim. Now, financial regulators and the police have launched a campaign...

Wealth manager Freddy David was considered great at his job - until his friends and clients found out he was managing his own wealth...

A dodgy financial company that claimed to trade in binary options blamed hackers when money disappeared from customer accounts. But insolvency investigators discovered Eclipse Finance...

A pension firm offering retirement savers a guaranteed return on investment from a dubious storage pod scheme was wound up in the public interest...

The long awaited and much overdue ban on pension scammers cold calling savers has been put on the back burner by ministers. Although the Department...

One of Britain’s chief financial consumer watchdogs has been cold-called by claims management lawyers trying to convince her to complain about a possible mis-sold...

Where you live can affect how many scammers are after your hard-earned cash, according to a new report. Consumer watchdog the Financial Conduct Authority (FCA)...

Financial enforcers have suspended a trustee in an alleged £13.4 million pension liberation scam. Trustee Gordon Craig is suspected as the mastermind behind the scam...