Knighthood-property

Daliah

jacqui_endean said:

Daliah said:

You could try and find them on the FCA Register. Then, when you don't find them, you could/should report them to the FCA .

They are registered on fca

jacqui_endean said:

It does seem to be too good to be true;but checked they are on fca register, and the Tesco stockers and shares looks ok

Could you post a link to their registration please?

masonic

jacqui_endean said:

Daliah said:

You could try and find them on the FCA Register. Then, when you don't find them, you could/should report them to the FCA .

They are registered on fca

I've just searched and there is no company with the name you've mentioned on the FCA register. What is the firm reference number of the FCA authorised company you claim is making this financial promotion please?

jacqui_endean said:

It does seem to be too good to be true;but checked they are on fca register, and the Tesco stockers and shares looks ok

Tesco "stockers and shares" looks ok? Do you want to invest in Tesco shares?

zagfles

dunstonh said:

and would give me a Tesco bond

Tesco do not issue retail bonds.

Don't they? What's this then? https://www.londonstockexchange.com/stock/40OS/tesco-plc/company-page

However, obviously won't yield 6% of the current buy price and the YTM is only just over 3%

OP - unless you understand how corporate bonds work, take the advice above and don't touch with a bargepole. You are not going to get 6% on the amount you invest, and you are virtually guaranteed a capital loss.  And that's assuming this is a real broker who will actually buy you the real bonds.

If you really want them you can buy through well known brokers like HL https://www.hl.co.uk/shares/shares-search-results/t/tesco-6-2029

But you need to know what you're doing and understand how corp bonds work. If you except to get 6% on what you invest without capital loss, you don't understand.

jacqui_endean

Now convinced this is a scam, thanks everyone for your comments 

Daliah

jacqui_endean said:

Now convinced this is a scam, thanks everyone for your comments 

Go on then, post the link to their FCA register entry.

And also their entry in the Company's Register.

masonic

Daliah said:

jacqui_endean said:

Now convinced this is a scam, thanks everyone for your comments 

Go on then, post the link to their FCA register entry.

And also their entry in the Company's Register.

First word of OP's latest reply was "now" rather than "not".

Daliah

Oh dear, apologies.

Malthusian

zagfles said:

dunstonh said:

and would give me a Tesco bond

Tesco do not issue retail bonds.

Don't they? What's this then? https://www.londonstockexchange.com/stock/40OS/tesco-plc/company-page

"Retail bond" is not a well defined term (unlike "corporate bond" or "fixed term deposit" which have specific universally agreed meanings). Dunstonh evidently defines it to mean "fixed term deposits"; if you want to include corporate bonds available to retail investors then it's a free country.

Either way, it certainly isn't what the OP thinks it is and what the scammers want her to think it is, which is a fixed rate deposit with an unbelievably high interest rate. The adverts for these scams typically include the words "FSCS protected".

zagfles

Malthusian said:

zagfles said:

dunstonh said:

and would give me a Tesco bond

Tesco do not issue retail bonds.

Don't they? What's this then? https://www.londonstockexchange.com/stock/40OS/tesco-plc/company-page

"Retail bond" is not a well defined term (unlike "corporate bond" or "fixed term deposit" which have specific universally agreed meanings). Dunstonh evidently defines it to mean "fixed term deposits"; if you want to include corporate bonds available to retail investors then it's a free country.

Either way, it certainly isn't what the OP thinks it is and what the scammers want her to think it is, which is a fixed rate deposit with an unbelievably high interest rate. The adverts for these scams typically include the words "FSCS protected".

Well clearly a corporate "bond" available to "retail" investors is a "retail bond"! As it states on the LSE site. Saying something doesn't exist which clearly does adds "evidence" to scammers' conspiracy theories like "the elites in the financial services industry doesn't want you to know about these things, they want them all for them and their mates, and leave you stuck in a rubbish 1.5% account. But we can get them you...".

Obviously it isn't what the OP thinks it is - as I explained above. But denying the existance of something which exists helps scammers, especially coming from someone in the financial services industry. 

Eyeful

If this is who you mean, then I would not touch it!
https://www.scamdoc.com/view/946073

The best 1 year safe bond is paying about 2.55%
The best 5 year safe bond is paying about 2.9%

The FTSE 100 is paying about 3.4% (this is a risk investment)

So something paying 6% , is telling me it is above average risk and not to touch it!