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BLACK ROCK Fixed rate BONDS
Comments
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afis1904 said:That is 100% a minibond scam. No financial institution would contact you to sell a product if you've simply registered (where) your interest in high interest savings. Especially not an investment company.It does not look like a minibond scam. It is a clone scam. There is no mini-bond in this case. Hence why it cannot be a minibond scam.It is using a genuine unregulated non-retail investment with a high yield which the scammer is pretending is a fixed-term-deposit. When the scam target pays the money, it wont buy that corporate bond. it will go into the pocket of the scammer.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1 -
There seems to be a flurry of these type of posts recently . Either there are more scams around , or people stuck at home in lockdown/furlough are cruising the internet more and clicking on adverts/google results.1
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Recent interest rate cuts are probably also a factor.0
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That and the FCA ban on the marketing of mini bonds to retail investors from 01/01/2020
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After its liquidation, the SVS customer list is out there.Albermarle said:There seems to be a flurry of these type of posts recently . Either there are more scams around , or people stuck at home in lockdown/furlough are cruising the internet more and clicking on adverts/google results.0
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