oxbridge international

maseno

I have been contacted by a firm based in the West Indies offering to buy and sell shares on my behalf, called Oxbridge International. They recommend a share, and ask me to fund the purchase through a bank transfer. Then it will gain in value! How can I find out if this is yet another scam?

cloud_dog

Does it sound too good to be true? :rolleyes:

tanith

Do you really need to ask................ :eek:

ReportInvestor

Hi maseno and welcome to the site .

Please e-mail the scam to

tony.hetherington@mailonsunday.co.uk

so that other potential investors can be alerted to the danger and pressure be put on this outfit to fold.

isasmurf

The FSA provide details of scams on their website
http://www.fsa.gov.uk/consumer/01_WARNINGS/scams/mn_scams.html

cheerfulcat

Hi, maseno,

It's simple; legitimate brokers do not telephone people out of the blue to recommend shares.

HTH

Cheerfulcat

equitydealer

Never deal with companies that are not regulated by the Financial Services Authority. Simple.

http://www.fsa.gov.uk/register/

wigginsmum

If they're based in the West Indies, they won't be regulated by the FSA; the FSA only regulates UK-based entities. It does 'passport' in some overseas entities, particularly from the EU and the US. You can check with whoever their national regulator is (although funds/fund managers aren't necessarily regulated), but frankly I wouldn't touch this one with a bargepole. I've worked in corporate antimoneylaundering for 7 years and I've never heard of them.

You might want to contact the FSA; by phoning you they are attempting to conduct investment business into the UK market and must be regulated to do that.