Investors warned over bogus bond ad promising annual returns of up to 35%
- Readers are being urged to avoid a ‘scam’ advert doing the rounds on professional networking website LinkedIn promising annual returns of up to 35 per cent.
- The advert is from London-based company UK Bonds, which claims to be the ‘UK’s leading provider in secure investments’.
- Its website – ukbonds.org.uk – says the products it offers are covered by the Financial Services Compensation Scheme and approved by the City regulator.
- It then uses the logos of the London Stock Exchange, the FSCS and two media groups to give its offerings further credence. Returns from the bonds, it says, are ‘guaranteed’ and ‘100 per cent secure’.
Source: This is Money