Investment fraud in UK soared to more than £220m lost last year, trade body says

Investment fraud in UK soared to more than £220m lost last year, trade body says

Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud

Increasingly elaborate investment scams involving gold, cryptocurrencies and wine have soared in the past year with more than £220m lost to the fraud, according to a report.

UK banks reported almost 15,000 investment scams in 2025 as criminals use artificial intelligence to dupe people out of their money.

Continue reading…

​   

​ 


Discover more from Stayupdated.co.uk

Subscribe to get the latest posts sent to your email.

Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *