Scams
De facto director banned over gold trading investment scheme
Victims were promised annual returns between 15% and 22%
44% of pension transfer amber flags raised for ‘unknown’ reasons
Money and Pensions Service does ‘not appear to be proactively improving the data they are collecting’
Best Practice | 4 Aug 22
Regulator sets out three-pronged approach to fight pension scams
It expects industry to think of ‘innovative ways to protect savers now and in the future’
Harlequin boss found guilty in £226m property investment fraud case
Several thousand victims lost pensions and life savings
£13.7m boiler room fraudsters jailed
They persuaded 800 victims to invest in a fund involved in the buying and selling of properties