Simon Goldthorpe: Three ways the advice industry can fight investment scams

More sophisticated methods

clock • 4 min read

Investment scams are certainly not a new phenomenon, writes Simon Goldthorpe, but they have never been more prominent or sophisticated than in recent times. Here he looks at three ways advisers can tackle fraudsters and their tactics…

Investment scams are certainly not a new phenomenon, writes Simon Goldthorpe, but they have never been more prominent or sophisticated than in recent times. Here he looks at three ways advisers can tackle fraudsters and their tactics… Gone are the days when cold calls would be the primary go-to for fraudsters. Social media, financial influencers and the growing popularity of unregulated investments such as crypto have all opened up new avenues for attack. Take MoneySavingExpert's Martin Lewis, who's now routinely forced to warn his followers against websites using his name and image t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read
Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read