<\/p>\n
Investment scams aim to get unsuspecting people to hand over money. On the face of it, they can seem perfectly legitimate, appearing knowledgeable with websites, testimonials and marketing material.<\/p>\n
The most infamous kind of investment scam is a Ponzi Scheme, where money is collected from new investors to pay previous investors. Eventually the money owed is greater than the money being collected and the scheme collapses, leaving all the investors out of pocket.<\/p>\n
Today, due to the internet and digital communications, investment scams can be much more complex. Some of these scams are so convincing, even professional investors have fallen victim to them.<\/p>\n
Since the pensions freedoms were introduced in April 2015, older people are particularly vulnerable to investment scams because they can access cash lump sums from pension pots. All investment scams have one thing in common. They claim to be able to offer high levels of return for very little risk.<\/p>\n
Don\u2019t feel pressured<\/strong> Unsolicited approaches by phone call, text message, email or a person knocking on your door. Follow simple rules<\/strong> If you\u2019ve been targeted<\/strong> Warning signs which you can use to avoid falling victim Every year thousands of people lose millions of pounds due to investment scams. The internet and advances in digital communications mean these kinds of scams are becoming more common and harder to identify. Thankfully there are some warning signs you can use to avoid falling… Read more »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/posts\/2940"}],"collection":[{"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/comments?post=2940"}],"version-history":[{"count":0,"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/posts\/2940\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/media?parent=2940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/categories?post=2940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ashleighcourt.com\/news\/wp-json\/wp\/v2\/tags?post=2940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nMake sure you are aware of the warning signs that might indicate an investment opportunity is a scam:<\/p>\n
\nWhen a firm doesn\u2019t allow you to call it back.
\nWhere you\u2019re forced to make a quick decision, or are pressured into doing so.
\nContact details you are given, or found on their website, are only mobile phone numbers or a PO box address.
\nYou are being offered a high return on your investment, but are told it\u2019s low risk.<\/p>\n
\nTo avoid being caught out by a scam, make sure you follow these simple rules:
\nReject any unsolicited calls, emails, text messages or visitors to your door. Legitimate investment companies will not cold call, or contact you out of the blue.
\nCheck the FCA register of regulated companies, or the FCA warning list.
\nIf you are thinking about an investment opportunity, seek professional financial advice from an FCA regulated firm.<\/p>\n
\nIf you think you\u2019ve been targeted by an investment scam, report it to the FCA Scam Smart website.
\nIf you have lost money to a suspected investment fraud, you should report it to Action Fraud on 0300 123 2040 or online at www.ActionFraud.police.uk
\nBeware of being targeted in the future, particularly if you\u2019ve lost money to a scam. Fraudulent companies might take advantage of this and offer to help you get some or all of your money back.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"