Fraud losses leapt by 30% in the first half of the year as criminals turned to investment frauds increasingly pushed via social media.

Fraudster Jolan Saunders has been jailed for almost 9 years for failing to pay his confiscation order.

Ian James Hudson has been sentenced to 4 years imprisonment for fraudulent trading and carrying on regulated activities without authorisation.

The FCA has banned former IFA Matthew Creed, a director of financial advisory firm AAA Management Ltd, from performing any regulated activity following an investigation into his bankruptcy.