What is Investment fraud?
Investment Fraud is one way criminals can steal your money. They try to convince you to invest in a scheme, shares or commodities, which either don’t exist, or aren’t worth the money paid for them. These scams are common and are usually perpetrated through aggressive sales tactics. They’re well organised and very convincing. Scammers will target anyone who responds to them and build trusting relationships with their victims over a period of time.
Unfortunately, many of these scams are successful. Action Fraud – the national reporting centre for fraud and internet crime estimate people lose over £1bn each year to Investment Fraud in the UK alone. There are many types of scams fraudsters use to persuade you to part with your money. Click on the below headings to find out more about the most common ones.