Office of Alex Sobel MP
Houses of Parliament
Westminster
London SW1A 0AA
secretariat@investmentfraudappg.co.uk
Please note, The All Party Parliamentary Investment Fraud Group is not responsible for the content of external websites.
This is not an official publication of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Parliamentary Groups are informal groups of Members of both Houses with a common interest in particular issues.
#fairtreatment4fraudvictims
The All-Parliamentary Investment Fraud Group. Campaigning for investment fraud victims. Working cross-party for reform.
Caroline Nokes MP, Co-Chair
The Investment Fraud APPG is a neutral cross-party forum bringing together parliamentarians of all parties from both Houses of Parliament to campaign on behalf of Investment Fraud victims.
Launched in December 2021, this APPG is examining the impact of Government and HMRC policy on investment fraud victims and how law enforcement, regulators and other stakeholder’s response to this crime can be enhanced and improved. We will act as a briefing channel for Parliamentarians on Investment Fraud.
Between September 2019 and September 2020, just over 17,000 reports of investment fraud were submitted to Action Fraud.
The Financial Times reported that the first half of 2019 saw more than double the number of investment banking fraud cases than in 2018. Industry estimates from the Police Foundation believe the true value to run at around £4bn each year.
Online investment fraud is also reported to have increased by 50 per cent during the pandemic and to have been the costliest scam.
Our Campaigns
What Will the APPG work on?
In recent years there has been a significant spike in cases of investment fraud across the United Kingdom but little focus on the plight of victims.
This APPG will focus on many issues important to investment fraud victims. Initially we will focus on the tax treatment of investment fraud victims.
We will be conducting a number of focused sector inquiries commencing with fraud in sport in early 2024. This will be followed by a focused inquiry into pension fraud later in the year.
MP’s and peers from across the political spectrum will be overseeing these inquiries alongside our team of leading sector experts to work on a cross-party basis to improve outcomes for victims.
We need your help to seek fairer outcomes for Investment Fraud victims and to convince the Government to address this devastating crime with priority.
Social Media
Please follow @APPGInvestFraud for all the latest from our campaign and share your thoughts with the hashtag
#fairtreatment4fraudvictims
Contact Your MP
Enter your postcode in the box below to be matched with your local MP. Once this is complete, simply click the button to be taken to your email, urging them to support the Investment Fraud APPG.
Alex Sobel MP, Co-Chair
This is not an official website of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Parliamentary Groups are informal groups of Members of both Houses with a common interest in particular issues. The views expressed in these webpages are those of the group.