Eram Capital Advisors / Beaufort Securities Possible Scam?

GeoffBird

Hello I got contacted by soemone who claimed to work for Eram Capital (128 City Rd, London, EC1V 2NX) who said I had over £30,000 in an unclaimed monies account following the collapse of Beaufort Securities. I just need to send them over £7k to get access to it.

Sounds like a huge scam I know. But Eram Capital are a real firm, the director name also checks out on companies house. I guess the scammers are either Eram Capital themselves or are using their name to get me to send the money to them. I won't do of course, but wanted to warn others. 

TadleyBaggie

Obvious scams are obvious.

dunstonh

Hello I got contacted by soemone who claimed to work for Eram Capital (128 City Rd, London, EC1V 2NX) who said I had over £30,000 in an unclaimed monies account following the collapse of Beaufort Securities. I just need to send them over £7k to get access to it.

Yep. Classic advance fee fraud.

Sounds like a huge scam I know. But Eram Capital are a real firm, the director name also checks out on companies house. I guess the scammers are either Eram Capital themselves or are using their name to get me to send the money to them. I won't do of course, but wanted to warn others. 

It wont be the real company. It will be a scammer cloning them.

Rollinghome

GeoffBird said:

Hello I got contacted by soemone who claimed to work for Eram Capital (128 City Rd, London, EC1V 2NX) who said I had over £30,000 in an unclaimed monies account following the collapse of Beaufort Securities. I just need to send them over £7k to get access to it.

Sounds like a huge scam I know. But Eram Capital are a real firm, the director name also checks out on companies house. I guess the scammers are either Eram Capital themselves or are using their name to get me to send the money to them. I won't do of course, but wanted to warn others. 

There are 22309 companies using the address of 124-128 City Road. There's a small entrance to offices above a bookmaker's shop and opposite a phone and vape shop..   See https://www.companieshousedata.co.uk/a/5959565   Seems to operated by   https://www.yourvirtualofficelondon.co.uk/ who offer virtual business addresses and call-answering services. 

So there are likely to be some genuine small businesses using that address and more than a few very dodgy ones.  Don't be too impressed by posh sounding addresses.

MrPoopy

I was also approached initially by telephone and then by letter. I was also offered the prospect of £10's of thousands  back in exchange for an initial fee of a few thousand. I poked around the Eram Capital website which tells you very little and looks like it's AI garbage! Their address on the website is 160 City Rd as opposed to 128 City Rd. Apparently the holding address for the multiple companies which used the address moved from 160 to 128 fairly recently. It looks like it costs around £28 per year to have a company registered at this address.
Eram Capital appears not to be regulated although a claim of regulation in itself is no guarantee. Several different males called me, many times from private numbers.
In the end I decided it was a scam and phoned up Action Fraud and the FCA to report it. They agreed with me and the Action Fraud lady was amazed how many companies were registered at 128 City Rd! Both organisations have plenty on their plate at the moment and this may not be classed as a priority. If you are approached, be wise!

SouthernFIRE

I just had the same call supposedly from a Leondra Capital, regarding 'my investment' in Shenton Bonds.

Again, they are using real company names but don't let that deceive you! Don't send any money!

jaypers

Anyone who ever asks for a fee to ‘release money’ is trying to scam you. 100% always the case in these situations. 

Eyeful

1. Sounds like " advance fee fraud".
2. I thought I would take a look at the "eramcapital.com" website.
Malwarebytes Browser Guard blocked it due to phishing and may contain malicious activity.
3. Then I tried the "erampartnership.com" website .
Malwarebytes Browser Guard blocked it due to phishing and may contain malicious activity.

I never ignore the Browser Guard warnings.

Chimaera46

SouthernFIRE said:

I just had the same call supposedly from a Leondra Capital, regarding 'my investment' in Shenton Bonds.

Again, they are using real company names but don't let that deceive you! Don't send any money!

I've also had calls from Leondra Capital, in my case, an Investment I've got with Cask Whisky. Now Cask have been investigated by the City of London police for some sort of irregularity, but are still trading. How many companies work out of 843 Finchley Road NW11 8NA as this is the address given for Leondra. Has anyone else had dealings with them?? Asking for money up front in order to secure the release of thousands of pounds of my capital invested in Cask Whisky.  

Eyeful

Chimaera46. The following may be of interest to you:-
https://www.which.co.uk/news/article/be-wary-of-whisky-cask-investments-aU7k97S6hvTN

Chimaera46

Good Evening Eyeful, Thank you for the link, Interesting reading.  (For anyone reading this in the same boat) Cask Whisky were visited by the City of London Police on the 4th June 24 and within 4 weeks, insolvency proceedings had started. I'm not a business man but that seems a bit quick. I had them (Leondra) on the phone today along with e-mails, it all seems legit from the paperwork they send out but they are now asking for £1610.00 and £3000 up front. All telephone calls are from a private number, they refuse to give out their bank details, insist on cash (Euros) to be sent to a private address or a bank transfer to a personal current account and the person I spoke to today, his phone manner was to say abrupt. Thank you for the reply Eyeful, much appreciated.