It wouldn’t be a Wednesday without a new group of hucksters trying to steal your hard earned cash.
And this week it’s the turn of the people over at Safe Regulated Investments – yes, that’s really what they called themselves – to try and fleece you of your most recent wage.
The firm claims that it has been discussed in major British media outlets, including the Daily Mail, Daily Telegraph and Evening Standard.
Of course, it hasn’t actually been mentioned in any of those papers, but it looks good having their logo on your website if you are a scammer.
The company also says that it’s regulated by the Financial Conduct Authority.
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But given that the FCA added the firm to its list of untrustworthy firms this Tuesday, that seems very unlikely.
Unsafe, unregulated and a really bad investment
Safe Regulated Investments also claims that it has regulated subsidiaries in the European Economic Area. Again, there is no evidence that this is the case.
Like most scam companies, the firm offers implausibly high returns and, to prove that it can do that, brings up nonsense investments that it will purportedly put your cash into.
For example, the firm says that it can achieve a 29 percent return on investment per annum by investing in fixed income products.
If you genuinely happen to stumble upon such an investment, do let me know.
In the meantime, stay far, far away from Safe Regulated Investments the company and ply your trades with genuinely safe investment firms.