Pension and investment

• Being told by a fraudster to move your pension into a fund that is tax free or has high returns, but it goes into a criminal’s account 

• Being manipulated to give all personal details, bank details, pension details, and fraudster pretends to be pension holder and arranges to take all the funds 

• Fraudster convinces the pension holder they can access their pension pot before the age of 55 years old in exchange for a fee but this is a fake service

Examples of Investment fraud: 

• Ponzi scheme - no investment exists, any “returns” or “dividends” are actually from other victims paying for “investments”, the rest goes directly to the fraudster 

• Victim told a crypto investment will yield quick and high returns, the money goes to an overseas account and is never seen again/ the crypto platform does not exist 

• A celebrity’s photo or details are used without their knowledge or permission to promote an investment company that does not exist 

• A person is cold called and convinced to purchase bonds that don’t exist and any certificates sent are fake