eprivateclient

Cryptocurrency fraud leads to millions in losses so far this year

News Team, 22/10/2021

Action Fraud is warning the public to remain vigilant when making investments, as criminals cheat hundreds of millions of pounds out of victims through cryptocurrency fraud.

Data from Action Fraud, the UK's reporting centre for fraud and cyber crime, revealed a staggering £146,222,332 has been lost to cryptocurrency fraud since the start of this year – almost a third more (30 per cent) than was lost throughout the whole of 2020.

Temporary detective chief ...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more