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Warning as 400,000 Scots fall for financial scams

More than 400,000 Scots have fallen victim to a financial scam at some point in their lives, new research by Bank of Scotland and YouGov has revealed.

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XPS reveals scam warning on £73m of pension savings

XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.

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Over £27m lost to crypto and forex scams

The FCA and Action Fraud have warned the public over scams carried out via bogus online trading platforms, as it was revealed £27m had been fleeced from investors.

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Cold call fraudsters jailed for 17 years over £1m investment scam

A group of fraudsters were jailed for a combined 17 years and nine months today for their part in an elaborate wine investment scam which conned nearly £1m out of investors, many of which were elderly and vulnerable.

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