bbt-portal

T: 0344 4 141 360

headoffice@bbtgroup.co.uk
The Retirement Planning Specialists

Deception of investment scams

Often presented as a persuasive opportunity for financial gain

An insidious kind of fraud, the investment scam, often presents a persuasive opportunity for financial gain, requiring only your monetary contribution. At first glance, these offers may appear entirely legitimate, fooling even the savviest individuals. Yet, in most instances, victims of such scams lose partial or total amounts of their invested capital.

Unregulated investments: A risky business
Another danger zone is the realm of investments linked to unregulated products. These are not bound by the guidelines the Financial Conduct Authority (FCA) set forth, exposing investors to significantly higher risks. Compared to regulated savings and investments, unregulated ones lack the same level of protection and are typically not recoverable through the Financial Services Compensation Scheme (FSCS).

Verification and vigilance: Your best defence
To safeguard yourself, ensure that the firm you’re investing with is registered with the FCA. Furthermore, it’s prudent to consult the FCA’s warning list to verify if you’re potentially dealing with a recognised scam.

Taking action: Steps to follow if targeted by a scam
Should you suspect an investment scam has ensnared you, it’s crucial to report it to the FCA via their Scam Smart website. If you’ve lost money due to what appears to be investment fraud, notify Action Fraud immediately at 0300 123 2040 or through their official website.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.

You are now departing from the regulated site of BBT Group Ltd. BBT Group Ltd. is not responsible for the accuaracy of the information contained within this external site.