The amount of money lost to investment scams by UK consumers has leapt 55% in a year as cryptocurrency fraudsters intensify their efforts to cheat people out of their savings, data shows.
Official UK banking industry data shows that while the total amount stolen by fraudsters increased 3% to £629m in the first six months of this year compared with last year, investment scam losses surged, reaching £97.7m during the period – more than £500,000 a day.
