The number of reported financial investment-related fraud cases grew by 74% in 2018, driven by complaints about unregulated "shadow savings market" and cryptocurrency investments, revealing "cracks in the structure" of the UK's regulatory regime, according to law firm Pinsent Masons.
Research from the firm shows that the number of such cases grew to 6,890 to 31 December 2018, up from 3,950 in previous year, with retail investors plagued by the sale of unregulated products and other...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions