Retired couple conned out of life savings
Theirs is one of the latest cases in a string of sophisticated cons that have cost Islanders £300,000 in the past four months alone.
The couple were repeatedly persuaded to invest in a variety of ‘stocks and shares’ over the telephone and were sent a variety of fake documents.
However, there never were any shares and the couple have not had a penny of their hard-earned money returned to them.
Financial services regulators say that their case is among six complaints made about share sale scams, also known as ‘boiler-room scams’, to local authorities recently.