Investment Scam Compensation

Quick Guide

  • Unregulated and alluring 'guaranteed' high-return investment scams are causing consumers to lose thousands to fraudsters. These offers, often too good to be true, are trapping individuals in increasingly sophisticated schemes.
  • Victims of such scams might have the opportunity to claim reimbursement for their losses from their banks, especially if the bank failed to adequately protect its customers.
  • In scenarios where you, as an investor, have been defrauded, Great Claims’ dedicated Authorised Push Payment team provides a no-obligation, 'no-win, no-fee' service. This means you only incur a charge if your claim against the investment scam is successful. Our team specialises in navigating these complex situations, offering expert guidance and support to recover your losses.

Investing can be an appealing strategy for growing existing capital or amassing a sizeable pension for retirement. This approach, however, also attracts the attention of unscrupulous individuals. Scammers, exploiting the lucrative nature of investments, have become increasingly sophisticated. As a result, even well-informed investors find themselves ensnared by complex schemes related to investment or pension fraud, leading to substantial financial harm and profound distress.

In situations where you or someone close to you has been ensnared by such deceptive practices, Great Claims stands ready to offer assistance. Our approach is to meticulously examine the specifics of your case, providing a tailored strategy aimed at reclaiming your losses. We understand the intricacies of these scams and are committed to guiding you through the process of obtaining a refund. Our goal is to help you recover the full amount you've lost to such fraudulent schemes, striving to alleviate the financial strain and bring a measure of justice to your situation.

Our APP Fraud team, with its extensive experience in liaising with the Financial Ombudsman Service (FOS), is proficient in securing compensation for our clients. This expertise encompasses an in-depth understanding of the critical time limits, the necessary documentation required, and the intricacies of the claims and appeals processes.

Our team is well-equipped to handle any complex legal arguments or defences that a bank might present. This expertise is crucial in navigating the often challenging terrain of financial disputes.

Moreover, the synergy of our experienced team with advanced digital case management systems enables us to diligently pursue your claim. This approach not only aims for the best possible outcomes but also ensures that you are kept thoroughly informed throughout every phase of your claim process. Our commitment is to both the success of your claim and to providing you with a transparent, supportive experience.

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Want to know more about or get started with a claim?  Fill in the form and we will get back to you as soon as possible. 

Frequently asked questions

Investment fraud scammers skilfully persuade individuals seeking investment and pension growth to part with their money, masquerading as representatives of reputable, regulated investment firms or groups. Typically, these so-called opportunities either don't exist, or they do, but the scammer diverts the funds for personal use rather than investing on behalf of the victim.

Many of these deceitful schemes involve Authorised Push Payment (APP) fraud. In this scenario, the victim is duped into willingly transferring money through their bank, under the impression that they are investing in a legitimate venture. As these transfers are instantaneous, the fraudster swiftly moves the funds to another account, often overseas, making recovery almost impossible. Consequently, victims can lose thousands.

The range of unregulated investment and pension scams is diverse, encompassing:

  • Off-plan property investments, frequently in foreign locations like hotel developments.
  • Storage unit investments.
  • Carbon credit trading.
  • Biofuel investments.
  • Investments in 'green' oil.
  • Agricultural land investments.
  • Car parking space investments.
  • Development projects involving listed buildings.

Each of these scams is designed to appear legitimate and promising, making it crucial for potential investors to be vigilant and seek professional advice before committing funds.

If you're planning to invest, either directly or to augment your pension pot, understanding the warning signs of investment scams is crucial, regardless of your experience level.

Be wary of the following red flags in investment/pension fraud:

  1. Promises of 'Low Risk, High Return': Be cautious of any scheme offering high returns with low risk. This combination is rarely possible in genuine investments.

  2. Unsolicited Contact: If a company contacts you out of the blue through cold calls, emails, texts, door-to-door visits, or unexpected messages on apps or social media, it's a strong indicator of a scam.

  3. Time-Limited Offers: Scammers often create a sense of urgency, claiming that you must act quickly to get the best rates or discounts. This tactic is intended to rush you into making a decision without proper research.

  4. Exclusivity Claims: Be suspicious if you're told to keep the investment opportunity confidential. This tactic is used to prevent others from identifying the fraud.

  5. Lack of FCA Registration: Always check if the company is registered with the Financial Conduct Authority (FCA). The FCA provides lists of authorised firms and warns against unauthorised ones. However, be vigilant as scammers can 'clone' legitimate firms, creating professional-looking but fake websites and materials.

Remember the old saying: if it seems too good to be true, it probably is. Always conduct thorough research and consider seeking independent financial advice before committing to any investment.

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Great Claims Ltd is not regulated by the Financial Conduct Authority (FCA) as it does not carry out claims management activities or financial promotions, as defined by the Financial Conduct Authority (FCA)

Request a callback

Want to know more about or get started with a claim?  Fill in the form and we will get back to you as soon as possible.