One thought on “Investment fraudsters steal £51m in three months”

  • John Stirling says:

    I’ve no problem with a cold calling ban – it will be very welcome in lots of ways – but I am failing to see that thieves who steal from the vulnerable will go ‘oh, well that’s that career choice foiled, cold calling is banned’.

    It seems that the ‘we must do something’ hand wringing brigade are out in full force, and as is so often the case aren’t that interested in the outcome, just wanting to be seen to do something.

    The actual answers are financial education, and effective enforcement backed up by a real appetite for prosecution, asset seizure, and significant jail time (including extradition of suspects to face these consequences where necessary).

    Sadly these are long term, non sound bitey, and expensive.

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