The Mai on Sunday has been tracking a business called Safe Secure Investments and its sister company Direct Property Investments. They both offer what seem amazing returns – sometimes 14% in a year.
They make it seem that they are registered with the FSA but they aren’t.
That means that if anything goes wrong there is no redress through the Financial Services Compensation Scheme and you cannot complain to the Financial Ombudsman service.
The Safe Secure Investments website seems to be offline currently but direct-property-investments is Live and looking for clients.
If you are planning to invest in shares or commodities or property etc. do take expert advice and do not trust websites.
If you have any experiences with scammers, spammers or time-waster do let me know, by email.