Investment fraud jumped 42% in 2021, UK says

By Najiyya Budaly (January 27, 2022, 14:58 GMT) – Reports of investment fraud offenses jumped 42% in the year ending September 2021, according to figures released Thursday by the bureau UK statistics. in Ponzi schemes and stock sale scams.

The Office for National Statistics said victims of crime reported almost 22,400 cases of financial investment fraud in the year ending September, a jump from 15,700 cases in the 12 previous months. Figures are for England and Wales.

The increase included a 59% increase in the number of consumers falling victim to so-called pyramid schemes, in which members are promised payment for signing up more people….

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