Fraud
Five arrested over £8m property investment scheme
This was part of an UK-wide police investigation to tackle fraud
67% of HNW Brits have been a victim of financial crime
On average, scam victims lost around £9,000
Duo arrested in Ponzi investment scam investigation
Multiple victims across the UK have reported losing varying sums of money
HMRC opened 25 tax fraud investigations into HNWs in 2022
UK government ‘is likely to continue to invest in this high-end form of tax enforcement’
Adviser charged after allegedly misappropriating client funds
Victims were current and former professional basketball players