At a time of high inflation and meagre rewards for savers, there's a growing risk of having your head turned by the promise of high or guaranteed investment returns.
source https://www.which.co.uk/news/article/the-7-signs-of-an-investment-scam-ax2LI0v0czVE
1. Are they authorised?
2. Are you being pressured?
3. Have you been asked to keep it quiet?
More scams advice from Which?
4. Have they promised huge returns?
Investments are by their nature risky, and can go down as well as up. Your money is always at risk.
Any promotional brochures that promise returns in double figures, or imply that the scheme cannot fail, should be regarded with suspicion.
5. Did you get contacted out of the blue?
Ever received a cold call, email or text offering to boost your wealth?
Ask yourself why a successful, professional firm would need to contact you out of the blue without your permission.
6. Did you follow a lead on social media?
7. Is there an element of romance involved?
undefinedsource https://www.which.co.uk/news/article/the-7-signs-of-an-investment-scam-ax2LI0v0czVE