Financial Planner Kerry Nelson, the director of Nexus Independent Financial Advisers Limited and Nexus Investment Managers Limited, and colleague Jacqueline Stephens, the firms’ business operations manager, have pleaded guilty to fraud after four clients lost £2m.

A former head of passive equity at HSBC Asset Management has been banned from working in financial services after being convicted of train fare fraud.

The FCA has obtained a confiscation order against convicted fraudster John Burford, the former NASA physicist who defrauded more than 100 investors out of £1m between 2016 and 2021.

Four people have been arrested following a major investigation by the FCA and the police into fraud and money laundering activity in London and the South.

A Suffolk-based adviser and former STEP member, Steven Long, has been jailed for eight years and four months after pleading guilty to two counts of fraud by abuse of position after he and an associate helped themselves to client money which should have been placed into trusts.

A financial adviser who defrauded people he knew, his clients, and a charity out of nearly £2m was sentenced to 11 years in prison at Worcester Crown Court last Friday.

Criminals stole £1.28bn through payment fraud in 2025, an increase of 4%, according to banking body UK Finance, with investment fraud accounting for £222m of losses, up 40% year on year.

The FCA has secured a confiscation order of £452,286.80 against convicted fraudster Daniel Pugh, who is serving a seven years and six months jail sentence for defrauding investors out of £1.3m.

A “despicable” couple have been ordered to return money they defrauded by abusing their positions as Power of Attorney for elderly parents.

A company director has been jailed for eight years and one month for being responsible for and playing a key role in a Ponzi-style £9m investment fraud.

Fraud Minister Lord Hanson has urged pension trustees to do all they can to protect millions of scheme members from fraudsters.

UK victims lost £2.4m every day to investment fraud in 2025, according to new figures published by the City of London Police.

The Pensions Regulator (TPR) has warned that fraudsters are increasingly impersonating people’s personal details to steal pensions.

Campbell & Associates Independent Financial Advice Ltd (FRN: 602550), whose director has been facing a £2.3m fraud charge, has today been declared as failed by the Financial Services Compensation Scheme.

The Serious Fraud Office (SFO) has won its first recovery order against David Ames, the convicted fraudster who cheated 8,000 victims through the £226m Harlequin SIPP-focused timeshare scheme.

The FCA has secured a confiscation order of £265,523.96 against convicted P2P fraudster Andrew Currie and he will face a further jail sentence if he does not pay up within three months.

Nine victims of an email fraudster are set to receive a share of £400,000 in recovered funds 24 years after the crime.

The FCA has brought an additional charge of fraud by abuse of position against Mrs Lisa Campbell, an independent financial adviser based in Hampshire.

Taunton-based Nicholas Harper, 26, has been convicted of breaching the Data Protection Act but acquitted of fraud and unauthorised business offences connected to an investment fraud following a prosecution brought by the FCA.

Fraudsters are using increasingly sophisticated impersonation techniques to access savers' pensions, according to the Pensions Regulator.