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Investment scams

Be wise. Don’t fall prey to too-good-to-be-true, high-pressure, deadline-driven offers.

What is an investment scam?

We're seeing increased activity from fraudsters trying to trick people into making false investments by impersonating genuine financial services firms. They are using a variety of different ways to contact you including via phone, email, social media, messaging services/apps, and online. Unfortunately, this type of scam - also known as a clone firm investment scam - is on the rise. And these criminals will do all they can to get you to trick you into investing - fast.  

Fidelity will never cold call you or contact you via social media or messaging services offering investment opportunities. Any such communication is fraudulent and should be reported directly to Fidelity via our customer services team.

Spotting and avoiding investment scams

If you think an offer is suspect, stop for a second. Run through this check list. And never give up your bank details or make payments.

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Unrealistic returns

The promise of high returns from alternative or unregulated investments should raise alarms.

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Unexpected contact

Any cold calling by phone, email, online or post should be treated as highly suspicious. Don’t forget, you can always hang up.

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Flattery and time pressures

If it’s an invitation-only opportunity or you need to act quickly. They may even ask you to keep quiet about it too. Be very wary and don’t make hasty decisions.

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Professional

Fraudsters will use glossy brochures, websites, fake reviews, or trained callers with scripts - anything they can to appear convincing. Check if the firm is registered with the relevant authority.

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On the list

Fraudsters share lists of previous scam victims to commit recovery fraud. They contact people on these lists, to recover lost monies, or sell their worthless investments - and charge an advance fee.

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Common investment scams

These include anything from carbon credits and fine wines, to storage, land and gold and jewels, as well as investments in shares, bonds, cryptocurrency, foreign exchange and binary options.

Reporting fraud

Don’t suffer in silence

We’re here to support you. If you’ve any fraud-related questions about your FEPP account, don’t hesitate to contact us.

Contact us

Victim of fraud?

Within the EU member states, you can report Cybercrime to Europol or contact your local Law Enforcement Agency.

Report now

Other threats to watch out for

Fraudsters are highly committed to their cause. By knowing what they’re up to, you can play them at their own game.

Suspicious emails and phone calls

Learn how to spot a fraudulent email or phone call, so you’re not reeled in.

Pension fraud

All that glitters isn’t gold. Discover how to dig deeper and protect your pension with our tips.

Financial abuse

Find out more about criminal influence, to ensure you’re in control of your financial purse strings.

Identity theft

Look beyond the disguise. Impersonation can be the first step to someone stealing your assets.