Pension (and other) Scams The City of London Police Economic Crime Directorate is recognised as the national policing lead for fraud and is dedicated to preventing and investigating fraud at all levels. According to their figures, some £51 million worth of investments was lost to fraudsters in the second quarter (April to June) of 2018. A large proportion (but by no means all) of this was linked to pension ‘scams’, mostly around the new ‘pension freedoms’. To put this figure