Hundreds of pension scams go undetected with £31m lost in three years

Holly Roach
clock • 3 min read

Pension scammers are “slipping through the net” as hundreds of fraud cases each year do not get passed to the police to investigate, according to Quilter.

The firm's research revealed in 2019 despite nearly 400 reports to Action Fraud, just two fraud cases a month were passed to police to investigate. It also noted that since 2017, £30,857,329 has...

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Holly Roach
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Holly Roach

News Editor at Professional Pensions

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