Quinshaw?

diamondoll

Has anyone had any dealings with Quinshaw investments? I was looking for Zenith investments, after reading some of Martyn's advice and it seems that they are also trading as Quinshaw.
They seem legit but I's like to hear what other people might know about them.

bostonerimus

Why waste your time.?...like I just did.

Reaper

Nooooooooo!
What advice from Martin?

I wouldn't touch Quinshaw with a bargepole
https://bondreview.co.uk/2019/09/24/we-review-quinshaw-finance-unregulated-bonds-paying-up-to-11-58-per-year/

AnotherJoe

diamondoll wrote: »

Has anyone had any dealings with Quinshaw investments? I was looking for Zenith investments, after reading some of Martyn's advice and it seems that they are also trading as Quinshaw.
They seem legit but I's like to hear what other people might know about them.

(unless you are referring to another person since the person above is Martin not Martyn)

SonOf

after reading some of Martyn's advice and it seems that they are also trading as Quinshaw.

Martyn who? Did you mean Martin or did you see a scam add that spelt his name wrong (indeed, any advert would be a scam as he doesn't do them). Also, Martin does not recommend any investments as that is a regulated activity and he avoids that.

If you have seen an advert from Martyn or Martin that post the link here.

They seem legit but I's like to hear what other people might know about them.

Legit in what way? Yes, they offer them. yes they are a real company. However, what they offer is not a regulated retail investment. It is not a savings product and it has no FSCS protection.

Its a damned high risk unregulated investment of a type where 100% capital loss happens on all too frequent basis. The very high yield reflects the high odds of failure.

DrSyn

1. LOW RISK SAVINGS BONDS: are regulated investments.

You get them from either:-
(a) NS&I, which is a loan to the UK goverment.
b) Bank/Building Society covered by the FSCS protection (at present up to £85K).

When savings products cannot repay you your money. The FSCS will repay you (up to £85K)



2. OTHER BONDS: are unregulated investments, where there is the potential loss of all your money.

Somewhere there should be a warning about this risk to your money.

These are INVESTMENTS (not savings).

Investments are not covered by the FSCS protection.

Bond Scams:- Occur in unregulated investments.


Example:-

Low risk: Best current 5 year fixed rate from a bank/BS = 2.35%

Medium Risk: FTSE 100 dividend yield = 4%

High Risk : Bond= 5%


These bonds are not covered by the FSCS protection.

GDB2222

I was cold called by 'Holly' today. Why would anyone give them money?

PaulC99

Quinshaw Finance is being investigated for fraud and is now in liquidation. If you invested please join our investor group via the Facebook group Quinshaw Investors

doe808

PaulC99 said:

Quinshaw Finance is being investigated for fraud and is now in liquidation. If you invested please join our investor group via the Facebook group Quinshaw Investors

Please also be aware of groups starting up to take further advantage of people who have ready been scammed (especially from people with zero posting history). Not saying this group necessarily is, but if you have already lost money this way, please be doubly careful.

GDB2222

I'm not a Facebook aficionado, but I couldn't find that group. Is that just my lack of ability with FB?

PaulC99

:I absolutely agree that there are ambulance chasers for many failed investments but I guarantee that there are over 70:Quinshaw investors in the Quinshaw Investors Facebook group and if you join you will clearly see it is all about helping each other and no intent to extract money from people that have already been victims of a fraud.