Fraud Alert
High yield investment advice
The MPS would give the following advice to anyone offered high yield investment opportunities in products that are not tangible:
Beware anyone cold calling offering investment opportunities
Before deciding to invest in a particular product check with an established company or other suitably qualified person for advice. (For example if you are investing in wine contact a reputable wine merchant.)
Be prepared to make extensive enquiries into the source of the product to establish its credibility as an investment.
If a high return is promised it should be viewed with suspicion particularly in the current economic climate.
If the investment is one where the product will be kept for you either elsewhere in the world or in the UK you should always be able to request to see the product at any time.
If it sounds to good to be true it probably is.
