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Evening Standard
Evening Standard
National
Benjamin Lynch

Brits lose almost £1bn to investment fraud, City of London Police say

Police London the City of London Police
Scammers gained the best part of £1 billion last year - (Dominic Lipinski/PA)

Brits lost millions in investment fraud last year as scammers raked in £1,675 every minute, data shows.

Figures from the City of London Police, the National Lead Force for Fraud, revealed that £879.8 million was stolen through investment fraud last year, equating to around £2.4 million every single day.

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