What is an investment scam?

  • Last updated on August 22, 2024 at 1:54 PM

Investment scams are unfortunately common. To protect your account, you need to make sure the offer is legitimate, before making any payments.

Profit Guarantees: Legitimate investments never guarantee profits.

Social Media and Messaging Apps: Legitimate investments typically aren't arranged through social media or messaging apps like WhatsApp.

FCA Registration: Legitimate investment companies are registered with the Financial Conduct Authority (FCA).

It's essential to note that once you make a bank transfer to a fraudster's account, the process of recovering your money becomes highly challenging. Fraudsters often swiftly transfer the funds out of the account once received.

Please reach out to us if you’re unsure if it’s safe to make the transfer.