Last year only two pension fraud cases a month were passed to the police to investigate despite nearly 400 reports to Action Fraud.

A fraudster who swindled the pension scheme of a charity out of more than £250,000 has been ordered to pay back the money he stole.

The City of London Police have recovered £3m from a former Hertfordshire-based HBFS Financial Services boss who was found guilty of running a Ponzi-scheme in 2018.

More than 5m people have fallen victim to a financial scam since the Covid-19 pandemic or know someone who has.