Fraud
UK government to scrap national fraud reporting centre
Following reports that victims were being misled by its telephone handlers
82-year-old fake green investment director sent back to prison
He and four others stole over £20m of investor funds to pay for luxury properties around the world
Unauthorised adviser sent to prison for four years
He pleaded guilty to fraud and carrying out regulated activities
Fourfold increase in UK investment fraud reports in five years
But fall in number of convictions shows ‘legal deterrent is practically non-existent’
UK regulator bans disqualified advice firm director
He also failed to inform the FCA of his bankruptcy