Heron Global Partners acting as broker for Diamond Construction and Renewables
Stuart_Kemp
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We have been contacted by the above with a view of investing in renewables i.e. wind farms.
The interest rate they are quoting is very competitive. Has anyone heard of them or had dealings with them?
Thanks
Stuart Kemp
The interest rate they are quoting is very competitive. Has anyone heard of them or had dealings with them?
Thanks
Stuart Kemp
0
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You cannot compare what they are offering to savings accounts paying interest. 100% loss potential with no FSCS protection being sold by an unregulated company.
Thank you for your investment enquiry with our partner Alternative Investing.
We will contact you as soon as we can to discuss how we can help you with your investment needs.
If you would like to speak to us immeadiately, please call 0208 003 0694.
We look forward to speaking with you.
Regards,
Phil Walker
Head of Customer Services
Heron Global Partners Ltd.
150 Minories, City of London, United Kingdom, EC3N 1LS
Which they are not authorised or regulated to do in the UK. They use unregulated areas. Most of which are totally unsuitable for the average UK consumer.
Again, if you look at the scams or investment failures that are going on, they are virtually all unregulated. And that is for good reason. If you wanted to peddle dodgy things, you would not become regulated. This is not to say all unregulated areas are bad. However, there are a number of things to look out for
1 - use of only unregulated investments and the promotor/seller is also unregulated (that means no controls or consumer protection exists at any stage)
2 - use of multiple companies in the process.
3 - New company recently set up
4 - directors have track record of very many companies. Even more on guard if those companies have short lives (i.e. set up, short period of scamming and shut down again before anyone takes an interest and then phoenix under a new name and repeat.
5 - Operates under a virtual office (which for reference this company do). Whilst there are plenty of genuine companies that use virtual offices, it is frequently the case with scams and dodgy arrangements as it hides their real location. It is usually used to make them sound more impressive than they are. e.g. a student operating out of a top floor flat in Southend could have a posh address in London if they used a virtual office.
The above is a guide for caution. It is possible that all those things could occur and the company be genuine and fair. A lot of genuine companies will also use one or more of those things. They are just risk warnings for what the scam/dodgy things usually do and to put you on guard. The more that apply, the more on guard you should be.
https://www.beoffices.com/servicedoffice-locations/london-city/minories
I'm sure you are right. However, it has allowed me to inform others, and hopefully fewer people will be taken in if they do a fairly small amount of googling.
It is also a virtual office:
https://www.beoffices.com/our-products/virtual-offices/virtual-office-locations/london-city
Very concerning that this can be hidden so far away from the return and isn't the first thing that has to be shown on the website
If you click to learn more, you can learn other useful things, like why you might not want an alternative investment (which in your case, you already know)...
Investments of all risk categories can have low entry levels. As a sophisticated investor I might still want something I can throw a few thousand into, rather than for example a private hedge fund with minimum subscription of £250k. The fact that you can put small amounts of money into it does not automatically mean you should buy it if you only have small amounts of money.