OR is it a scam?

E-on  'electricity bonds at high rates claiming to come from MSE ?-  received today (8th Feb)
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Comments

  • I would say 100% yes, even without seeing the email. Post it if you can.
  • ColdIron
    ColdIron Posts: 9,693 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Almost certainly, how did they get your contact details?
  • jimjames
    jimjames Posts: 18,503 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Yes it's a scam, just like the ones for SSE. Nothing to do with the company and you'll hand money over to never be seen again

    https://damn-lies-and-statistics.blogspot.com/2022/01/sse-scottish-southern-energy-bond-scam.html
    Remember the saying: if it looks too good to be true it almost certainly is.
  • dunstonh
    dunstonh Posts: 119,116 Forumite
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    Yes its a scam
    1 - MSE doesn't market any products.
    2 - Eon doesn't issue any retail financial products.

    Its a common scam where the scammer uses the real corporate bond and makes it look like a savings account.   You never buy the corporate bond and the money goes to 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.
  • london21
    london21 Posts: 2,128 Forumite
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    Do not put even £1 in 
  • Got sent this today... sure looks like BS to me!


  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    What a legitimate-looking email address...
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • The bonds highlighted are all perfectly legitimate bonds issued by E-on, but just be clear that's not what any money that gets sent to these crooks is going to buy. In fact, I'd be very surprised if the money was used to buy anything except the next wave of gullible 'investors'.
    These people should have harsh punishment inflicted upon them. 
  • jimjames
    jimjames Posts: 18,503 Forumite
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    If you haven't already sent a copy of the email to MSE then I'd suggest you do so to enable them to warn
    Remember the saying: if it looks too good to be true it almost certainly is.
  • EssexHebridean
    EssexHebridean Posts: 24,202 Forumite
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    @MSE_Martin used to occasionally look at the forum and might be interested in this. 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
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