Anti-Financial Crime & Financial Crime Compliance
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AML, Financial Crime, UK

NEWS: City of London Police issue warning against ‘get rich quick’ investment scams

Using social media to recruit money mules

By Elizabeth Hearst for AMLi

The City of London Police have warned against “get rich quick” investment opportunities, which are believed to be soaring amongst young professionals. 

More than £890M (€1.02BN) was lost to investment fraud last year in the UK, skyrocketing by 49.5% on 2020 figures. 

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