In a world where financial fraud and investment scams are rife, every investor needs to understand the potential signs something is not as it should be.
These scams and schemes are designed for one purpose – to extract your money, with no hope of recovery.
Within our industry we have seen a sharp rise in investment scams internationally. From Pensions to Crypto Currency, over the last 12 months alone and as a result of Covid restrictions and the population as individuals adjusting to ‘online living’, the Met Police Cyber Crime Prevention Team have confirmed that they have seen an increase in excess of 80% as fraudsters make the most of the situation we all find ourselves in, more people than ever are being taken in by the latest tactics and we need to be on our guard.
With that in mind we have been focused on delivering a guide in partnership with the Metropolitan Police to help you recognise some of the classic signs for some of the common scams, we hope this will help you, your family, and friends, protect yourselves during these challenging times.
Visit the Metropolitan Police website with further advice on fraud & cyber crime.
As scams become more sophisticated, its important to be aware of the tactics that criminals will use to convince investors that they have access to beneficial products or profitable investments offering above-market returns.
Strategies that impact victims of fraud can take many forms, such as:
- Social media advertising
- Fake comparison sites
- Fraudulent endorsements
- Spam phone numbers, websites and email addresses
- Impersonations
- Unregulated direct marketing
We advise you to always seek professional guidance from a wealth management expert before taking up any unsolicited investment offer.
Know what to look out for with your complimentary copy of The Little Booklet of Investment Scams.
One of the most significant challenges for investors is a scam that may appear legitimate and often replicates sales techniques that you may be familiar with from authentic investment providers. In many cases, the signs that you are being introduced to an investment scam can be subtle so it’s imperative you know what to look out for.
The Little Booklet of Investment Scams, produced by the investment experts at Chase Buchanan, along with the fraud investigation experience of the Metropolitan Police, covers a broad range of scams that are currently active both in the UK and internationally.
These schemes include:
- Social engineering
- Pension scams
- Ponzi schemes
- Cryptocurrency scams
- Foreign exchange fraud
- Overseas property scams
Expats are commonly targeted for some of these scams, particularly overseas property investments and foreign exchange schemes. This booklet should help give every investor, or prospective investor, the information they require to steer clear of potential scams and ask the right questions to confirm the validity of any investment opportunities.
Download your copy of The Little Booklet of Investment Scams today to protect your finances, and safeguard your future.
About Chase Buchanan
Chase Buchanan is a global wealth management advisory, we are passionate about financial scrutiny and achieving outstanding outcomes for every client in ways that support their lifestyle aspirations and long-term aims.
Investment scams do happen, but we believe that by offering our expertise through The Little Booklet of Investment Scams, we can begin to whittle down the number of investors who fall prey to fraud every year.
With professional support on your side and guided by the advice of the Metropolitan Police, our complimentary guide will form a solid foundation on which to base investment decisions. Download your copy today to be safe in the knowledge that you will quickly recognise any potential scams that come your way.
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