PIMFA, the trade association for the wealth management and financial advice industry, is disappointed but not surprised by the latest data from Action Fraud showing the average fraud suffered by victims amounted to £45,000. Without change to hold online platforms to account this is only likely to get worse.
https://ifamagazine.com/article/pimfa-little-regulators-can-do-to-stop-fraud-without-action-from-government/
