Bruckner Ferdinand

AbbieFA

Hi, has anyone been approached by, or invested with an Austrian finance company called Bruckner Ferdinand?
My mum has invested some money with them, but it is looking like they are a scam company.

ColdIron

Took less than 15 seconds to find this with Google

• We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.

https://www.fca.org.uk/news/warnings/bruckner-ferdinand

nrsql

And
This firm has falsely been claiming to be FCA authorised and regulated under firm reference number 443177

AbbieFA

Thanks, the FSA actually contacted my mum to warn her, they've only been aware of them for a week. But the company has been trading for 4 months apparently, so was hoping to find someone who had dealt with them.

Malthusian

AbbieFA wrote: »

Thanks, the FSA actually contacted my mum to warn her, they've only been aware of them for a week. But the company has been trading for 4 months apparently, so was hoping to find someone who had dealt with them.

As it has only been going for 4 months, and people who would invest in a scam like this don't hang around Savings & Investment forums, you are very unlikely to find anyone.

Your mother's money is almost certainly gone. (Unless she paid them via a debit card or credit card, then you have an avenue to investigate.) File a report to Action Fraud (don't expect to hear back from them) then write off the money.

Arrange for her phone number to be changed as she is on a suckers' list and is vulnerable to losing more money. Do not pay attention to the people who will contact her later claiming they can get her money back, this will be a follow up scam.

Does she have Lasting Powers of Attorney in place?

Dfavoured1

Hi AbbieFA,
I invested some money with them and it looks as though they are a scam company. Their website isn’t running again and calls go unanswered. I thought they were legit as I checked out their FCA number in the open registry. Such a shame and I don’t think Financial Ombudsman can help as they cloned the real company and they are obviously not legit. Does anyone know if it’s possible to recover my money? Thanks

AnotherJoe

It's almost certainly impossible to recover your money.
Beware of any company or individual that contacts you and says they can recover as that will be a fraud.
How did BF contact you, do you know how they obtained your details, and what did they offer?

Dfavoured1

Hi Another Joe,
I was browsing for investment opportunities in England and I must have inputted my number somewhere. Long story short they called the next day and what we negotiated was a fixed deposit kind of thingy and they said they there into real estate. They offered 6% interest which I tried to negotiate to 8% but they ‘advised’ to be careful with companies that offer higher and then we agreed for 6% interest which is pretty much what I have gotten with legit companies and banks in my country because I am not originally from England. I paid the money and when it cleared they called and sent me the documents. They even called after two weeks saying they will have a get together for their investors in London sometime in June. The person attached to my account sounded so nice and talked about his family and he asked about mine. I can’t believe I have been scammed that money means a whole lot to me, its my savings for 2 years unfortunately people are so selfish and greedy, it’s repulsive :mad:mad:

Hasbeen

Mary_G._Ball wrote: »

I don't know that Bruckner Ferdinand

Look it up on the school computer?

GWhizz

Sadly, although I THOUGHT I had done due diligence, this outfit was very slick ( as suggested in previous report, and covered the FCA check by cloning a legit outfit. It seems I invested early in their operation ( mid Jan' 19) and although they promised quarterly dividends ( due in April), they clearly had no intention of operating for more than 3 months. Lesson...... always check EXACTLY where the money is paid to........ forget the suff on the WWW, forget the emails, forget the telephone talk........ check where the money is going..... which in this case, did not match. Moral....... don't trust anyone if you've not seen the whites of their eyes.... and even then......

Reaper

The biggest warning sign is being called out of the blue. Legitimate FCA registered companies are not allowed to cold call you (and take no notice when they say "you ticked a box somewhere". That's not explicit consent)