The Serious Fraud Office is investigating the Alpha and Green Park group of companies for misleading investors and money laundering.

The Financial Ombudsman Service has reported a “dramatic” 66% rise in fraud and scam complaints in the first quarter of its 2021/22 year.

Fraud losses leapt by 30% in the first half of the year as criminals turned to investment frauds increasingly pushed via social media.

Fraudster Jolan Saunders has been jailed for almost 9 years for failing to pay his confiscation order.