Category: Scam

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Investors lose millions from online investment scam

Investors duped by an online investment scam have seen their losses rocket over the last five years.

According to Action Fraud, the amount of money investors have lost through ‘binary options’ – which target investors through social media – has shot up by 400% in the last six years from £6,200 to £27 million. read more

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COSTA DEL CRIME Dozens arrested over ‘timeshare scam that saw 500 Brits conned out of life savings in multi-million pound Costa del Sol racket’

Police say they believe those affected were defrauded out of nearly £15 million

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NEARLY 40 people have been arrested over a multi-million pound Costa del Sol timeshare scam which targeted hundreds.

An estimated 500 people – all Brits – have fallen victim to the scam which operated in and around the Spanish resort of Malaga. read more