Millenials may be more likely than pensions to be targeted by fraudsters in cases where fraudsters pretend to be other people by buying something or borrowing money in their name but what about the startling results from Action Fraud on regions reporting the highest losses? Is anyone asking why Kent, Cornwall and Devon are such a hotbed of activity? Is there more fraud going on there or more people active to report it? The numbers are quite a jump from third place Scotland at £394,638,137 to second place Devon & Cornwall with £3,488,628,156.

http://www.grantthornton.co.uk/investmentscams/