{"id":10317,"date":"2023-03-13T11:33:13","date_gmt":"2023-03-13T11:33:13","guid":{"rendered":"https:\/\/ukinvestmentreview.co.uk\/?p=10317"},"modified":"2023-10-10T13:16:47","modified_gmt":"2023-10-10T12:16:47","slug":"armchair-detectives-save-themselves-from-investment-scams","status":"publish","type":"post","link":"https:\/\/illitigation.co.uk\/?p=10317","title":{"rendered":"Armchair Detectives Save Themselves From Investment Scams"},"content":{"rendered":"\n
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Last week, the Financial Conduct Authority (FCA) reported that 25% of people who avoided an investment scam, are being armchair detectives to stop rogue traders in their tracks. They reported that savvy investors saved \u00a32m in 2022 by spotting the warning signs<\/a>. With calls to the FCA increasing 193% in the last five years, which we covered in last week\u2019s blog.<\/p>\n\n\n\n

Armchair detective investors say finding mistakes in material while doing their due diligence was one of the most common signs. Along with requesting personal details to secure the offer. Other classic warning signs that made investors ears prick up; was scammers contacting them out of the blue and pressuring them to hand over money within a short space of time.<\/p>\n\n\n\n

The FCA revealed that\u2018Two in five (39%) respondents claim that their investigative or research skills are helping them to spot the clues. A further 32% are relying on pure gut instinct to distinguish between genuine investment opportunities and potential scams.<\/p>\n\n\n\n

Warning Signs<\/h2>\n\n\n\n

We talk a lot about common scam warning signs here at UK Investment Scams. But, there are some other less talked about warning signs which may include:
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