More than £5m was lost to investment fraud across a county in 2024 new data has shown.
Suffolk Police said figures from Action Fraud showed that cryptocurrency fraud was on the rise in the area.
Anyone aged between 35-44 were most likely to be targeted and those aged 55-64 suffered the greatest financial losses, the data showed.
Det Sup Oliver Little said: “If it is too good to be true, it almost certainly is.”
There were 233 cases across Suffolk last year, which totalled to £5.6m in losses.
“Investment fraud occurs when criminals approach individuals, often out of the blue, and persuade them to invest in schemes or products that are either worthless or entirely fictitious,” the force added.
It said fraudsters claim opportunities in foreign exchange, gold, overseas time-shares or cryptocurrency, which promised “unrealistically high returns that far exceed normal market trends”.
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