Theirs is one of the latest cases in a string of sophisticated cons that have cost Islanders £300,000 in the past four months alone.

The couple were repeatedly persuaded to invest in a variety of ‘stocks and shares’ over the telephone and were sent a variety of fake documents.

However, there never were any shares and the couple have not had a penny of their hard-earned money returned to them.

Financial services regulators say that their case is among six complaints made about share sale scams, also known as ‘boiler-room scams’, to local authorities recently.

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