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Investment fraud victims ‘losing more than £25,000 on average’

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Cite

Shaw, V. (2026, September 23). Investment fraud victims ‘losing more than £25,000 on average’. Evening Standard. https://www.standard.co.uk/business/money/people-national-crime-agency-financial-conduct-authority-b1298068.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Evening Standard · collected 2026-09-23 · by Vicky Shaw

Quick Summary

Investment fraud cases reported in the UK surged by 37% from 26,616 in 2024-25 to 36,464 in 2025-26, resulting in total losses of £991 million. Victims lose an average of over £25,000 each, with scams involving fake companies promoted on websites and social media using tactics like celebrity endorsements and false news stories. Nick Sharp from the National Crime Agency (NCA) warns that these schemes often promise high returns to manipulate victims into believing in their legitimacy.
Written by AI on 2026-09-23, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

The National Economic Crime Centre (NECC) within the National Crime Agency (NCA) reported a significant surge in investment fraud cases, increasing by 37% from 26,616 reports in 2024-25 to 36,464 in 2025-26. Total losses due to these scams reached £991 million, with victims losing an average of over £25,000 each. Nick Sharp, deputy director fraud at NECC, highlighted that criminals often target individuals seeking higher returns on their investments and use tactics such as fake celebrity endorsements and fabricated news stories to lure unsuspecting victims into fraudulent schemes. These scams include share sales, cryptocurrency investments, and recovery fraud, where scammers contact previous victims claiming they can help recover stolen funds but instead steal more money. The NCA warns that these tactics create an illusion of legitimacy, eroding trust in personal judgment and financial decision-making for many individuals.

Written for “Investment Fraud Scams” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Investment Fraud Scams
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 33% of its claims. Each row says how that neighbour differs.
Daily Mail
Hedges 2 of 51 claims Outlet record 69/100
“Article A discusses a general increase in investment fraud reports and losses across various types of schemes, while Article B covers a specific court case and conviction of an individual for a £1.3 million Ponzi scheme.”
Evening Standard
Hedges 2 of 24 claims Outlet record 64/100
“Article A describes a general increase in investment fraud reports and losses across various types of scams, while Article B details a specific £1 million Ponzi scheme involving fake TV character aliases.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
12
sentences that state something as happening or true
Uncertain
33%
4 of 12 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Evening Standard's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-23 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Evening Standard · 8526 article(s) · 73 correction(s) detected
Running correction rate · 73 correction(s)

Who wrote this

Vicky Shaw
67 article(s) here · 1 carrying a prediction
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🔮 The ABI said that homeowners concerned about subsidence should be aware of several warning signs, and may need to consider speaking to their insurer and seeking professional advice if they notice: – Cracks that are wider than 3mm – about the thickness of a £1 coin – as these may need further investigation. – Diagonal cracks, particularly if they are wider at the top than at the bottom. – Cracks that appear suddenly, rather than developing gradually through normal wear and tear.
🔮 The move was welcomed by many savings and investments providers – although some raised concerns that plans for a new “starter Isa” could add more complexities to the Isa system.
🔮 Here is a look at what will be available under the plans: – What is the Your First Home scheme? The scheme will provide 20% equity loans to first-time buyers.
🔮 The move was welcomed by many savings and investments providers – although some raised concerns that plans for a new “starter Isa” could add more complexities to the Isa system.
🔮 The Financial Conduct Authority (FCA) said that understanding geographical patterns could help identify where climate-related risks may have the greatest effect on consumers and mortgage lending if flooding becomes more frequent or severe.
🔮 The Government recently unveiled the Your First Home initiative, which will give first-time buyers the chance to buy a new build property with a 2.5% deposit, with the Government stepping in to lend them an extra 20% towards the cost.
🔮 Read More He added: “Those coming to the end of a current fixed (mortgage) deal will not only face higher rates but also a more volatile market where deals can come and go quickly.”
🔮 This would put someone on the full new state pension on course to receive £250.70 per week from next April – up from £241.30 per week currently.
Also by Vicky Shaw
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 67 articles by Vicky Shaw →

Topics

FCA NCA NECC the Financial Conduct Authority

Subjects

FCA ORG · 3× NCA ORG · 3× NECC ORG · 1× Nick Sharp PERSON · 1× Steve Smart PERSON · 1× the Financial Conduct Authority ORG · 1×

Narrative

Nick Sharp, deputy director fraud at the national economic crime centre (NECC) in the NCA, said: “Investment fraudsters target people who are looking to make their money go further, often manipulating them with overwhelming levels of data to create the illusion of making huge sums.
framing: mixed · carried by 1 article(s) · first seen 2026-09-23
🔮 Share sales, cryptocurrency investments and recovery fraud (when someone who has been a victim of fraud is contacted again by criminals who claim they can help get stolen money back) are among the types of fraud people may experience.
2026-09-23 · Evening Standard
Investment fraud victims ‘losing more than £25,000 on average’ · mixed framing

Claims (12 extracted, 4 hedged)

Criminals promote fake companies and investment schemes on websites and across social media. asserted
Criminals → promote → media
The NCA said, according to Report Fraud, reports of investment fraud have surged by 37%, from 26,616 in 2024-25, to 36,464 in 2025-26. uncertain
reports → say → 2025
Total losses in 2025 reached £991 million, equating to around £100,000 lost every hour, the NCA said. asserted
NCA → reach → 100,000
Share sales, cryptocurrency investments and recovery fraud (when someone who has been a victim of fraud is contacted again by criminals who claim they can help get stolen money back) are among the types of fraud people may experience. uncertain
people → contact → fraud
Criminals may promise high returns and use fake celebrity endorsements or fake news stories to attract attention. uncertain
Criminals → promise → attention
Nick Sharp, deputy director fraud at the national economic crime centre (NECC) in the NCA, said: “Investment fraudsters target people who are looking to make their money go further, often manipulating them with overwhelming levels of data to create the illusion of making huge sums. asserted
money → say → sums
“Average losses in an investment fraud are more than £25,000 – that is a life-changing sum to lose for most people – but it also does enormous harm to the trust and faith that people place in their own judgment as well as their confidence in making legitimate investments.” asserted
people → change → investments
Steve Smart, executive director lead for fighting financial crime at the Financial Conduct Authority (FCA), said: “Investment scams can be devastating for victims and these latest figures show more work is needed to crack down on the criminals behind them. asserted
work → fight → them
“Last year, the FCA issued 2,329 warnings about unauthorised or potentially scam firms while a targeted week of action uncovered illegal financial adverts which reached at least 2.3 million UK social media accounts. asserted
which → issue → accounts
“The platforms hosting these scams need to take a more proactive approach to protecting their users. asserted
platforms → host → users
Read More “Consumers can protect themselves by using FCA firm checker to check if a firm is authorised for the investments being offered. asserted
firm → read → investments
“It can reduce their chances of falling victim to fraud and gives them greater protection if things go wrong.” People who think they have been scammed should contact their bank immediately as well as the police and remember not to delete any messages that may help an investigation. Fraud victims should also be cautious of services offering to recover money as criminals often re-contact victims to demand more cash. uncertain
criminals → reduce → cash
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