The Insolvency Service has warned investors about a recent increase in recovery room scams, where crooks prey on investment scam victims.

Fraudster Michael Nascimento, who helped scam £2.8m from elderly and vulnerable people, has been sentenced to an additional almost four years in prison for failing to pay a confiscation order against him.

Former Charlton Athletic footballer Richard Rufus has been jailed for seven and half years for a £15m investment scam.