Two individuals have been sentenced to a combined 12 years in jail for their roles in a £1.5m crypto fraud.

John Dobbs has been charged with three counts of conspiracy to commit fraud by false representation over an unauthorised investment scheme which defrauded investors out of £3.9m.

The FCA has won a Confiscation Order of £5,963,376 against convicted investment scammer Guy Flintham.

Clone scammers have targeted Marks & Spencer’s financial services arm by setting up a fake website to try to con savers.

The number of investment scams fell 29% to 3,647 cases in the first half of 2024 (H2 2023: 5,114 cases), according to new data from professional body UK Finance.

Wealth Solutions (UK) Limited (FRN:478217) has been hit by a clone attack by fraudsters.

The FCA has issued warnings over five unauthorised crypto asset, forex and CFD firms operating in the UK without any permissions from the regulator.

The Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.