A national campaign launched yesterday warns UK investors they risk falling victim to thousands of pounds worth of fraud if they fail to take simple steps to check who they’re investing with.

A national campaign launched today warns UK investors they risk falling victim to thousands of pounds worth of fraud if they fail to take simple steps to check who they’re investing with.

The campaign, led by Action Fraud, the national fraud and internet crime reporting centre estimates that £1.2 billion is lost nationally to investment fraud every year.

Figures collected as part of the nationwide campaign show that almost half (49%) of the men surveyed aged 36+ (a group most likely to have made investments), admit to having given out personal details before checking the credentials of the person who contacted them and only 57% are confident they can tell the difference between fraudulent and genuine offers.

More here: http://tinyurl.com/Fraud-in-York