24 May 2019

One-third of over-75s have been targeted by scammers

Research by the Financial Conduct Authority (FCA) has found that a third of people aged 75 or over believe they have been targeted by a fraudulent investment scam in the last three years.

This is saddening to hear. It seems most frequent scams are involving unauthorised firms promoting investments in shares, bonds, forex and cryptocurrencies. Please remember that we are here for our clients, to pass any investment ideas by, and to provide you with a second opinion.