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Possible fraudulent new EIS

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Reaper

Reaper Posts: 7,354 Forumite

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5 November 2020 at 10:47AM in Savings & investments

Over on Bond Review there is news that a newly launched EIS might be fraudulently claiming it has EIS status when it hasn't.
We don't know who it is but be careful if you are investing in a new scheme.
https://bondreview.co.uk/2020/11/05/blind-item-which-eis-scheme-is-fraudulently-claiming-advance-assurance-it-hasnt-got/

It is shocking there is no way to confirm whether a scheme has EIS approval or not.

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