Back to News
Investment fraud in UK soared to more than £220m lost last year, trade body says
UK NewsBusiness•June 15, 2026 at 9:00 AMNational

Investment fraud in UK soared to more than £220m lost last year, trade body says

By Shane Hickey•The Guardian - UK News

Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraudIncreasingly elaborate investment scams involving gold, cryptocurrencies and wine have soared in the past year with more than £220m lost to the fraud, according to a report.UK banks reported almost 15,000 investment scams in 2025 as criminals use artificial intelligence to dupe people out of their money. Continue reading...

Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud

Increasingly elaborate investment scams involving gold, cryptocurrencies and wine have soared in the past year with more than £220m lost to the fraud, according to a report.

UK banks reported almost 15,000 investment scams in 2025 as criminals use artificial intelligence to dupe people out of their money.

Continue reading...

Featured Artists