Asset Recovery Inc

Sexyscorp66

I was told about a company called Asset Recovery Incorporated based in New York and Colarado,who can recover mis-sold investments.
Does anyone know if they're a legitimate company or scammer?
They charge no upfront fee..they only charge if the monies are recovered.They can employ ethical hackers in some circumstances.

[Deleted User]

It's a long way to travel to get someone to post a letter on your behalf.

Just make your own complaint directly.

dunstonh

I was told about a company called Asset Recovery Incorporated based in New York and Colarado,who can recover mis-sold investments.
Why would you pay to use an American company to post a letter on your behalf to the free-of-charge to use complaints service?

Does anyone know if they're a legitimate company or scammer?
The name "Asset Recovery" has 16 responses on the FCA register.   13 of these are no longer trading.  2 are unauthorised firms which the FCA say are either acting unlawfully without authorisation or running a scam and the other includes asset recovery in its name but has a longer name and is based in Hampshire (so wont be that one).     It is a requirement for claims companies to be FCA authorised.  So, if they are not on the FCA register then they are not authorised to act in the UK.



They can employ ethical hackers in some circumstances.
Hacking into computers is an offence in the UK.
From the CPS:
Computer Misuse Act 1990 ('CMA') is the main UK legislation relating to offences or attacks against computer systems such as hacking or denial of service. ... There also must have been an intention to access a program or data held in a computer. Note the offence is committed irrespective of whether access is obtained

-taff

If a friend asked you that question, what would you think?

Sexyscorp66

I would think they've got a serious problem and are trying to find a way to solve it without spending a fortune on lawyers to sue a dodgy company,or rely on the useless,laissez faire attitude of the FCA and LSE who dont properly regulate all the fraud and abuse 
that companies "authorised" by them perpetrate!

Sexyscorp66

dunstonh said:

I was told about a company called Asset Recovery Incorporated based in New York and Colarado,who can recover mis-sold investments.
Why would you pay to use an American company to post a letter on your behalf to the free-of-charge to use complaints service?

Does anyone know if they're a legitimate company or scammer?
The name "Asset Recovery" has 16 responses on the FCA register.   13 of these are no longer trading.  2 are unauthorised firms which the FCA say are either acting unlawfully without authorisation or running a scam and the other includes asset recovery in its name but has a longer name and is based in Hampshire (so wont be that one).     It is a requirement for claims companies to be FCA authorised.  So, if they are not on the FCA register then they are not authorised to act in the UK.



They can employ ethical hackers in some circumstances.
Hacking into computers is an offence in the UK.
From the CPS:
Computer Misuse Act 1990 ('CMA') is the main UK legislation relating to offences or attacks against computer systems such as hacking or denial of service. ... There also must have been an intention to access a program or data held in a computer. Note the offence is committed irrespective of whether access is obtained

Deleted_User said:

It's a long way to travel to get someone to post a letter on your behalf.

Just make your own complaint directly.

Sexyscorp66

They do more than 'write a letter',and complain to whom?
Regulators who only seek to cover up and protect the culprit firms,?-thats the trouble here..unlike in the USA there is no stringent regulation and it isnt easy to get compensated .

dunstonh

They do more than 'write a letter',and complain to whom?
What do they do then?     They would obviously complain to the advising firm.

Regulators who only seek to cover up and protect the culprit firms,?
I am sure the banks are very grateful to the regulator for the fines it has made them pay and the redress systems they have had to put in place all to cover it up.

.unlike in the USA there is no stringent regulation and it isnt easy to get compensated .
The UK has far higher regulation than the US.    Who is feeding you this rubbish?