DTI clampdown on scams
28 August 2012
The Department of Trade and Industry (DTI) has launched an advice campaign to stop consumers being conned out of money by firms offering bogus investment schemes.
Consumers have so far been conned out of an estimated £350 million by companies running bogus investment scams. The schemes involve people being targeted with unsolicited offers to invest money in items such as art, wine, jewellery, shares and property for development with exaggerated claims about the likely financial returns.
The DTI has so far closed down 17...