Scams - Financial Conduct Authority

Scams

Millions of people fall victim to scams every year, from experienced investors to people dealing with a large sum for the first time. See how to spot a scam – and what to do if you have been ripped-off.

We take action against fraudsters involved in certain scams, usually involving investments or financial products, but we also explain how to protect yourself from some other common scams.

Remember: if it sounds too good to be true, it probably is!

Investment scams

Published: 24/07/2014

Investment scams can look and sound believable, with smooth-talking salespeople, slick websites or sophisticated brochures and prospectuses. This can make it hard to tell them apart from genuine investment opportunities. But there are ways to spot and avoid scams.

What to do if you are scammed

Published: 15/05/2013

Follow our seven steps on what to do if you think you have been scammed, are concerned about an investment or have been contacted by fraudsters.

Common scams

Published: 25/07/2014

Scams can come in different forms, with most evolving over time to make it even harder to spot the warning signs. They can come from cold-calling criminals or even trusted friends. Find out how to avoid some common scams and what to do if you have been ripped off.

News and investigations

Published: 01/04/2014

You should only deal with a financial services firm that is authorised by us, and check the Register to ensure it is. Unfortunately there are firms that operate without our authorisation and some knowingly run scams.

Firms to avoid

Search our list of unauthorised firms to be wary of

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Report share fraud

Tell us about share fraud or contact from a boiler room

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How to protect yourself

Follow ten steps to avoid fraud and unauthorised firms

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