Cryptocurrency fraud leads to millions in losses so far this year

News Team, 25/10/2021

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 million has been lost to cryptocurrency fraud since the start of this year – almost a third more (30 percent) than was lost throughout the whole of 2020.

Temporary detective chief inspector C...

Continue reading this article...

Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.

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