Search results
Jan 11, 2024 · Complaints describe bad actors, posing as registered investment advisers, who advertise “stock investment groups” on Instagram and other social media channels and then turn to encrypted group chats on WhatsApp to communicate with interested investors and pitch investments.
Jan 26, 2022 · Scam alert. Bogus emails are directing potential victims to a fraudulent website that misuses our logo. Find out what a genuine email from Which? contains.
Aug 10, 2023 · I’ve given money to an investment scam. If you’ve handed money over to a scam, use our guide through what you need to do to recover your money. These are some of the most common scam investments. Ponzi and pyramid schemes. Where money from new investors is used to pay former ones. Binary options.
Jan 17, 2024 · Scammers start out by promoting investment in a well-known, actively traded stock and then, through ongoing conversations in the private chat platform, move their targets to invest in a...
How to spot an investment scam. Make sure you’re aware of the warning signs that might indicate an investment opportunity is a scam: Unsolicited approaches by phone call, text message, email or a person knocking on your door. When a firm doesn’t allow you to call them back.
Jan 27, 2021 · Victims lost an average of £45,242 last year after investing with fraudsters imitating genuine investment firms. More than £78m was lost in total, according to fraud reporting centre Action Fraud.
People also ask
Are 'investment groups' causing a spike in investor complaints?
Is there a scam in investing?
How do you know if an investment opportunity is a scam?
How do you know if an investment scam is legit?
Complaints received by FINRA and posted on social media describe bad actors, posing as registered investment advisors, who initially advertise "stock investment groups" on Instagram and other...
