Astute Capital PLC

Unfortunately my mums investment in Astute has been lost now it has ceased trading however I was contacted by Regulus Capital Consulting claiming that they had been assigned to recover investments through Investec obviously for a "fee" has anyone else been contacted by these people as it all sounds like a scam to me.

Comments

  • masonic
    masonic Posts: 26,351 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Any reputable wind-down of the company by official administrators will not require any up-front fee. It is also highly unlikely to result in any money being repaid to shareholders.
  • dunstonh
    dunstonh Posts: 119,149 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If that is what they have told your mum, then it is a scam (emphasis on if that is what she was told - it may even be a clone scam).  There is no requirement for an individual to pay an ambulance chaser to access what will be left of her money.  The administrators will do that as a matter of course.


    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.
  • Eyeful
    Eyeful Posts: 834 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Is this the "Regulus Capital Consulting" who you are asking about?

    This website was created on the 16 September 2024.
    Have a look at what some scam checking websites think about them:

    https://www.scam-detector.com/validator/regulus-capital-co-uk-review/
    https://www.scamadviser.com/check-website/regulus-capital.co.uk?url=/index

    Read this & see if it sounds familiar to you:
    https://www.actionfraud.police.uk/a-z-of-fraud/advance-fee-fraud



  • Yes, Astute Capital a well-planned out scam by their British Directors. My wife and I were scammed out of £20K. I note that Tim Mycock, Astute Director, has now got a job with The Hampshire Trust Bank. Surely there must be a law against these guys continuing to work in the financial sector. 
  • Aspinan said:
    Unfortunately my mums investment in Astute has been lost now it has ceased trading however I was contacted by Regulus Capital Consulting claiming that they had been assigned to recover investments through Investec obviously for a "fee" has anyone else been contacted by these people as it all sounds like a scam to me.
    Followed a few months later by Regulus Capital shutting down, and another new company looking for a fee to recover those losses.
  • I had dealings with Regulus Capital Consulting concerning Astute Capital only to find out they themselves are scammers
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