Include ‘fraud’ in Online Safety Bill
11 February 2021
PIMFA has urged the Government to include economic harm in its forthcoming Online Safety Bill, as attempts to defraud savers increases amid the Covid-19 crisis. According to the latest Action Fraud figures, there were 356,649 reported cases of fraud and an estimated £2.1 billion lost to fraudsters in 2020. Of that amount, investment frauds...