The number of victims of 'romance' financial scams increased by a fifth (22%) in 2023 compared to 2022, with men at more risk than women.

Two convicted 'pension liberation' fraudsters have been ordered to hand over the majority of their assets after a Proceeds of Crime investigation by The Pensions Regulator (TPR).

One of five Oxbridge-educated fraudsters - who conned wealthy individuals to invest £65m in fake “green” projects - has been sentenced to an additional eight years in prison this week for non-payment of a £2.7m Confiscation Order.

[Content warning - this article contains references to suicide and self harm. Please see footnote]

Most weeks, to be fair nearly every week, we run stories on Financial Planning Today about scammers or financial crooks who have cheated clients out of all or part of their savings.