Tag: Scam

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...

A massive £21 million pension liberation scam has finally ended with six pensions companies forced to shut by the courts. Fast Pensions and five associated...

There have always been fraudsters and thieves, but Pensions Freedoms, which came into force April 2015, may have made it easier for scammers to...

Next time you receive an email or text message from the tax man, just delete it because it’s a scam. Thousands of taxpayers have messages...

One in 10 over 55s believe a scammer has targeted them to steal their retirement cash. The most common tactic is an offer to unlock...

Fraudster Simon Colfer thought he had got away with most of his crimes until police searched his home and found a hidden hoard of...

A pair of bogus pension advisers who plundered £1 million from the retirement savings of clients with an elaborate scam have been jailed. Anthony Locke,...

A rogue IFA is on the run after a Dubai court convicted him of running a financial services business without a licence. Neil Grant is...