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

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Investment Fraud in the UK Surges to Over £220 Million

A recent report highlights a significant increase in investment fraud in the UK, with losses exceeding £220 million in the past year. The rise in scams has been attributed to the growing sophistication of criminals, who are increasingly leveraging artificial intelligence to execute larger-scale frauds.

The report indicates that UK banks recorded nearly 15,000 cases of investment scams in 2025. Popular targets for these scams include gold, cryptocurrencies, and wine, as fraudsters create elaborate schemes to deceive individuals and businesses alike.

The data underscores a worrying trend, as the use of AI technology by scammers allows for more convincing and widespread fraudulent activities. As the financial landscape evolves, experts warn that consumers must remain vigilant and informed about potential scams.

This alarming rise in investment fraud calls for increased awareness and proactive measures from both financial institutions and consumers to protect against such deceptive practices.

Source: www.theguardian.com – https://www.theguardian.com/money/2026/jun/15/investment-fraud-uk-more-than-220m-lost-last-year-scams-ai