|Kent residents targeted by Investment Scams
In separate incidents one resident, after investing in what they thought was a legitimate scheme was told they needed to pay £200 in order for the funds to be released.
Another resident had £100,000 stolen in a Crypto currency scam. Targeted on Facebook, the ‘Crypto Trading Broker’ quickly moved the chat to WhatsApp.
Most crypto-related activities aren’t regulated in the UK. This means that if you invest in crypto, you generally won’t have access to the Financial Ombudsman Service if you want to complain.
Find out how crypto investment scams work, how to avoid them and what to do if you’re scammed.
Visit Financial Conduct Authority