Nearly three-quarters of people have been targeted by scams in the past year with a majority of approaches online, according to new figures published today.

Former solicitor Hugh Lansdell, 74, has been jailed for four years for committing fraud by stealing almost £2million from clients' trusts and accounts.

The FCA may slow down payments by electronic transfer to help combat rising fraud and financial crime.

The average cost of an insurance scam has risen 20% to nearly £15,000 in the past year, according to new figures published by the Association of British Insurers today.