One in eight HNWs fell victim to financial crime in last six months

Losing an average of just under £13,000 each to scammers

Isabel Baxter
clock • 3 min read

One in eight (16%) of wealthy individuals have been victims of financial crime in the past six months, losing an average of just under £13,000 each to scammers, Saltus has found.

The Saltus Wealth Index surveyed 2,000 people with assets of £250,000+ and found that 41% of respondents have been a victim of financial crime and more than a third of whom were scammed in the last six months. The most common way the wealthy were targeted was by online shopping scams with 24% of victims losing their money this way, followed by investment scams (20%), while one in seven (15%) fell victim to pension scams. One married man in his 30s from London said the experience of being scammed out of more than £2,000 when purchasing online has knocked his confidence. He said: "I ord...

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