New financial year – Investment scams on the increase! Do you know what to look out for?

by | Apr 24, 2017 | Finance, News, Safety at Home

We have seen an increase in scams focused around investments and financial products. Read on to see the Financial Conduct Authority’s steps to avoid turning into a victim.

10 steps to help avoid scams and unauthorised firms – FCA Guide

Step 1: Reject cold calls

Step 2: Stop sending money

Step 3: Check if a firm is authorised or registered

Step 4: Search our list of unauthorised firms

Step 5: Beware of cloned firms

Step 6: Make additional checks

Step 7: See warnings from abroad

Step 8: Report an unauthorised firm

Step 9: Beware of further scams

Step 10: Beware of fake liquidators