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kevinat
kevinat Posts: 1 Newbie
edited 30 September 2019 at 5:25PM in Savings & investments
a company as stated above have asked me too invest 20.000 in government backed housing with a return of 1.800 per year tied up for 3 years in an ISA the company your options exist on companies house but only been around since feb 2019 it's a great return on investment but not sure as i have to go through another company called satchi holdings plc alexander david securities and copia wealh management who are all on companies house i dont know if it's all ligit can anyone help me
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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Sounds dodgy to me, 9% a year is in the realm of super high risk and/or fraud.
    "government backed housing" also sounds dubious.
    Where did you find this "opportunity".
  • Normal folk don't get asked to invest in something unless it's a scam.
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    If you have never heard of them before and they offer you something that sounds too good to be true...

    We hear too many sad stories of people who lose all their money with these kind of schemes. The promised rate of return doesn't matter if you don't get your money back.

    Stick to mainstream investments with established companies.

    Alex
  • cloud_dog
    cloud_dog Posts: 6,300 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kevinat wrote: »
    a company as stated above have asked me too invest 20.000 in government backed housing with a return of 1.800 per year tied up for 3 years in an ISA the company your options exist on companies house but only been around since feb 2019 it's a great return on investment but not sure as i have to go through another company called satchi holdings plc alexander david securities and copia wealh management who are all on companies house i dont know if it's all ligit can anyone help me
    Yes. Go for it.






    <<you know I'm joking, right?>>
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • My rule of thumb is that if someone includes the term "legit" in their first post the offer or the poster or both are illegitimate.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • kevinat wrote: »
    can anyone help me

    No, you are beyond help.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • My rule of thumb is that if someone includes the term "legit" in their first post the offer or the poster or both are illegitimate.

    It's not legit. Leg it!
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Don't be so ******* stupid.
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • mollycat
    mollycat Posts: 1,475 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    My rule of thumb is that if someone includes the term "legit" in their first post the offer or the poster or both are illegitimate.

    Especially when they spell "legit" incorrectly. :)
  • Brilley
    Brilley Posts: 229 Forumite
    Fifth Anniversary 100 Posts
    doe808 wrote: »
    Don't be so ******* stupid.


    ...what he/she said...
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