FCA reports nearly 5,000 scam cases impersonating as the regulator in the first half of 2025, with 480 victims defrauded through crypto, loan, romance, and “pig butchering” schemes

Scammers, often targeting people over 56, use tactics such as fake crypto wallet recoveries, loan scam follow-ups, County Court Judgement threats, and “pig butchering” romance-investment schemes to steal funds or sensitive banking information. The FCA reminds the public it will never request money or account details and urges vigilance…