Invest in Our Sustainable Future - Thames Water Utilities & Morgan Stanley Bond

Anyone know anything about this?

Thought it was a scam at first but seems genuine. 

  • Bond Tenure: 1-5 years
  • Minimum Investment: £10,000.00
  • Interest Rate: 8.25% Fixed
  • FSCS Protection: Your investment is fully protected by the Financial Services Compensation Scheme (FSCS)
 

«1

Comments

  • Eyeful
    Eyeful Posts: 334
    First Anniversary First Post
    Forumite
    edited 8 November 2023 at 11:49AM
    1. The FTSE 100 current yield = 3.84%
        FTSE 100 yield x 2 = Very High Risk (in my opinion)

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    3. Low Risk Savings Bonds come from either:(a) NS&I (b) Banks & Building Societies which are regulated & are covered by FSCS.

    4. Other Bonds are unregulated investments & are not covered by the FSCS. So there is the potential of loosing all your money. This is where is were Bond Scams occur, so investors need to be very careful.

    5. Them saying that you are fully protected by the FSCS when you are not & the very high rate of interest use to attract investors, indicate this is a Scam.

    6. How did you come across this item?

  • jimjames
    jimjames Posts: 17,498
    Photogenic Name Dropper First Anniversary First Post
    Forumite
    Eyeful said:

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    The real product actually neither. It's a genuine corporate bond offering 8.25% which isn't overly high risk. However what is being offered to the OP is a scam using the genuine name of a Thames Water bond but nothing to do with them. Yet another attempt to scam people out of their money
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Eyeful
    Eyeful Posts: 334
    First Anniversary First Post
    Forumite
    jimjames said:
    Eyeful said:

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    The real product actually neither. It's a genuine corporate bond offering 8.25% which isn't overly high risk. However what is being offered to the OP is a scam using the genuine name of a Thames Water bond but nothing to do with them. Yet another attempt to scam people out of their money
    We both know this, but new members may not. This is the second time something similar has appeared on this forum in 2 days. With the increase of interest rates, I expect to see more of these bond scams to occur. I hope that my post might give new members a simple way of telling the difference. It would have helped to avoid a number of past bond scams.
  • segovia
    segovia Posts: 313
    First Anniversary First Post Combo Breaker
    Forumite
    Eyeful said:
    1. The FTSE 100 current yield = 3.84%
        FTSE 100 yield x 2 = Very High Risk (in my opinion)

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    3. Low Risk Savings Bonds come from either:(a) NS&I (b) Banks & Building Societies which are regulated & are covered by FSCS.

    4. Other Bonds are unregulated investments & are not covered by the FSCS. So there is the potential of loosing all your money. This is where is were Bond Scams occur, so investors need to be very careful.

    5. Them saying that you are fully protected by the FSCS when you are not & the very high rate of interest use to attract investors, indicate this is a Scam.

    6. How did you come across this item?


    Email, I have reported it
  • eskbanker
    eskbanker Posts: 29,926
    First Anniversary Name Dropper Photogenic First Post
    Forumite
    Eyeful said:
    jimjames said:
    Eyeful said:

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    The real product actually neither. It's a genuine corporate bond offering 8.25% which isn't overly high risk. However what is being offered to the OP is a scam using the genuine name of a Thames Water bond but nothing to do with them. Yet another attempt to scam people out of their money
    We both know this, but new members may not. This is the second time something similar has appeared on this forum in 2 days. With the increase of interest rates, I expect to see more of these bond scams to occur. I hope that my post might give new members a simple way of telling the difference. It would have helped to avoid a number of past bond scams.
    But your post is positing that something offering more than twice the FTSE 100 yield is inherently suspicious because of that rate, whereas the point is that the rate is available from low(ish) risk genuine investments and it's other factors that ring the alarm bells, such as fake promises of FSCS cover, unsolicited contact, cloned URLs/email addresses, etc.

    segovia said:
    Eyeful said:
    6. How did you come across this item?
    Email, I have reported it
    To whom?
  • segovia
    segovia Posts: 313
    First Anniversary First Post Combo Breaker
    Forumite
    eskbanker said:
    Eyeful said:
    jimjames said:
    Eyeful said:

    2.  3.84 x 2 =  7.68%
        So this could be either (a) Scam  or  (b) Very High Risk investment

    The real product actually neither. It's a genuine corporate bond offering 8.25% which isn't overly high risk. However what is being offered to the OP is a scam using the genuine name of a Thames Water bond but nothing to do with them. Yet another attempt to scam people out of their money
    We both know this, but new members may not. This is the second time something similar has appeared on this forum in 2 days. With the increase of interest rates, I expect to see more of these bond scams to occur. I hope that my post might give new members a simple way of telling the difference. It would have helped to avoid a number of past bond scams.
    But your post is positing that something offering more than twice the FTSE 100 yield is inherently suspicious because of that rate, whereas the point is that the rate is available from low(ish) risk genuine investments and it's other factors that ring the alarm bells, such as fake promises of FSCS cover, unsolicited contact, cloned URLs/email addresses, etc.

    segovia said:
    Eyeful said:
    6. How did you come across this item?
    Email, I have reported it
    To whom?

    [email protected] <[email protected]>

  • eskbanker
    eskbanker Posts: 29,926
    First Anniversary Name Dropper Photogenic First Post
    Forumite
    segovia said:
    eskbanker said:
    segovia said:
    Eyeful said:
    6. How did you come across this item?
    Email, I have reported it
    To whom?
    [email protected] <[email protected]>
    Might be worth going direct to the FCA too, unless they're already aware of it, e.g. https://www.fca.org.uk/news/warnings/morgan-stanley-msaccountsuk-clone-fca-authorised-firms
  • Eyeful
    Eyeful Posts: 334
    First Anniversary First Post
    Forumite
    edited 8 November 2023 at 2:59PM

    But your post is positing that something offering more than twice the FTSE 100 yield is inherently suspicious because of that rate, whereas the point is that the rate is available from low(ish) risk genuine investments and it's other factors that ring the alarm bells, such as fake promises of FSCS cover, unsolicited contact, cloned URLs/email addresses, etc
    Please state the genuine lowish risk investments that are now paying a yield of twice the FTSE 100.

    .Twice the FTSE 100 yield I find useful first filter when thinking of risk and scams. I agree with you the other factors also ring alarm bells.
Meet your Ambassadors

Categories

  • All Categories
  • 341.8K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.2K Spending & Discounts
  • 233.9K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards