Pension fraud hits £1.8m in 2021
While pension fraud cases had reportedly declined 80% from 1,788 in 2014 to 358 in 2020, the first quarter of 2021 represents a 45% year-on-year spike in reports
Some £1.8m has been lost to pension fraud in the first three months of 2021, according to fraud and cybercrime reporting centre Action Fraud.