UK warns over online trading scams 0 SHARES Share it! Share TweetBy Agence France-PresseThe number of cryptocurrency and foreign exchange-based “get rich quick” scams is booming in Britain, authorities warned on Tuesday. Reported cases of the bogus online investment surged to more than 1,800 in 2018/2019. The data was collated by the Financial Conduct Authority regulator and Action Fraud UK, which is Britain’s national centre for reporting fraud and cybercrime. Criminals promote “get rich quick” schemes on social media, urging people to invest cash on fraudulent online trading platforms.

Source: Manila Bulletin May 20, 2019 23:03 UTC