Have you ever read one of those articles focusing on tell-tale signs of an investment scam? It might not be as useful as you think.
Unfortunately, investment scammers are becoming increasingly sophisticated in their techniques, winning their victims’ trust by not conforming to how we think scammers are supposed to behave.
Scammers are aggressive
Contrary to popular belief, scammers don’t always use aggression or rush tactics. If you’re encouraged to take your time, don’t be lulled into a false sense of security – make sure you still do your research and take advice.
Scammers are unprofessional
Typos and unprofessional language are often associated with scams. Unfortunately, scammers have cleaned up their act (and their spelling) these days, and often come across as polite and professional.
Scammers promise unrealistic returns
You’ve probably heard the adage ‘if it sounds too good to be true, it probably is’. However, criminals are just as likely these days to offer realistic returns,
in order to win your trust.
No fixed pattern
Modern scammers now exploit the stereotypes we all rely on to tell the fact from the fiction. That’s why it’s so important to take financial advice and refer to reputable sources such as the FCA’s ScamSmart tool, before making any decisions with your money.
It is important to take professional advice before making any decision relating to your personal finances. Information within this page is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.
Equity release will reduce the value of your estate and can affect your eligibility for means tested benefits.
Tax, Estate and Inheritance Tax planning are not regulated by the Financial Conduct Authority
The value of pensions and investments can fall as well as rise. You may get back less than you invested.
CA Financial Services Ltd are an Independent Financial Adviser based in Sevenoaks, Kent. From our Sevenoaks offices, we offer IFA services throughout Tonbridge, Tunbridge Wells, Dartford, Orpington and across into Sussex and Surrey. Please call us on 01732 617 950 to book a free initial appointment.
CA Financial Services offer financial advice, pensions, investments, ISAs, Equity Release and Inheritance Tax Planning for the whole family. We have 14 years’ experience as Financial Advisers based from Sevenoaks and are truly independent, allowing us to give our customers the best financial advice possible.
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