How to spot fraudulent investment schemes!

Some scammers impersonate legitimate companies by using a similar name, address, or website. Always cross-check the company's details to ensure you're dealing with the real entity.

If you receive unsolicited investment offers through phone calls, emails, or text messages, be cautious. Legitimate companies typically do not approach individuals in this manner.

Investigate the company thoroughly. Look for a physical address, a legitimate website, and contact information. Check for customer reviews and any negative feedback.

Be skeptical of investments promising guaranteed high returns with little or no risk. If it sounds too good to be true, it probably is.

Be cautious of high-pressure sales tactics, such as demanding quick decisions or limited-time offers. Legitimate investments can wait for proper consideration.

Take the time to understand the investment and the underlying assets. Scammers often provide vague or confusing information.

The FCA publishes warnings about companies and individuals offering unauthorized or fraudulent services. Check their website for these warnings.

Consult with a financial advisor or solicitor before making significant investments, especially if you're unsure about the opportunity.

Request written information about the investment, including a prospectus, offering circular, or financial statements. Legitimate investments provide these documents.

Cryptocurrency investment scams have become increasingly common. Be cautious when investing in cryptocurrencies and only use reputable exchanges.

If you suspect fraud, report it to the FCA and the Action Fraud reporting center. This can help prevent others from falling victim to the same scam.