Surge in UK savings lost to investment scams, with fake crypto thought to top the list

<p>Banking industry data shows £629m was stolen in six months from fraud that included gold, wine and property </p><p>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.</p><p>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.</p> <a href="https://www.theguardian.com/money/2025/oct/24/surge-uk-savings-lost-investment-scams-fake-crypto-fraud">Continue reading...</a>