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Scam?

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Hi all. I have just received an email (& follow up phone call) form a certain Anthony Daniels of Citibank offering me  the opportunity to invest in their SLFC (CITIBANK) INTERNATIONAL PENSION FUND offering fixed rates of 2.14% for 1 year, 2.85% for 2 year or 3.72% for 3 years. They say they are covered by the FSCS & the investment is not at risk, but it all seems a bit too good to be true. Has anyone had any dealings with them? Any info would be very much appreciated.


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Comments

  • Citibank would never cold call you. Ever. How would they obtain your number to call, if you never registered on their page?
    If you want to verify, call them yourself - contact details should be on their webpage. 
    That way you will quickly determine yourself if that was a scam call.
  • ColdIron
    ColdIron Posts: 9,816 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 27 October 2020 at 11:10AM
    It's a clone scam. The company is real but someone else is pretending to be them. Pension companies do not sell fixed rate, fixed term savings bonds
    How did they get your email address and telno? Did you enter your details into a Google link or Facebook ad?
  • webjaved
    webjaved Posts: 618 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Clearly a scam.
    Save £12k in 2019 #154 - £14,826.60/£12k
    Save £12k in 2020 #128 - £4,155.62/£10k
  • Albermarle
    Albermarle Posts: 27,755 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Most likely you would  see no return at all, and quite likely never see any of your money again.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    How did they get your details? Have you been googling or looking on facebook for bonds or long term investments?
  • Thanks for all the reply's guys. I have forwarded the email to CitiBank fraud dept.
    As to how they got my details? I simply don't know, I have been looking at investments lately on google, so can only assume that was their way in.
    It is quite scary, the brochure attached to to email was very professional looking & convincing, but I did suspect & your replies have confirmed my suspicions.
    He is calling me back this afternoon, could be an interesting 'phone call.
    Sincere thanks to you all
  • ColdIron
    ColdIron Posts: 9,816 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Read the whole of this thread, it's a very common scam and carbon copy of yours down to the 'very professional looking & convincing' brochure
    https://forums.moneysavingexpert.com/discussion/6181929/aviva-fixed-term-savings/p1
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