What you should look out for.
Investment scams are designed to look like normal investments. Don’t get caught out.
Spot the warning signs
Have you been...
- contacted out of the blue
- offered significantly more than market value for your shares
- promised tempting returns
- promised an investment is safe
- called repeatedly
- told the offer is only available for a limited time?
If so you might have been contacted by fraudsters.
How to avoid share fraud
- Reject cold calls - If you've been cold-called with an offer to buy or sell shares, chances are it's a high-risk investment or a scam. Treat it with extreme caution.
- Check the firm on the Financial Services Register - a public record of all the firms and individuals in the financial services industry that are regulated by the FCA.
- Get impartial advice - before you hand over any money, seek advice from someone unconnected to the firm that has approached you.
- Don’t use unauthorised firms to buy or sell shares or investments. If things go wrong, you won’t be protected by the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS).
- Find out more about how to avoid being a victim of share fraud at the FCA website.
Report a scam
If you suspect you’ve been approached by fraudsters, tell the FCA. Use their share fraud reporting form ?or call the FCA Consumer Helpline on 0800 111 6768. ?
If you’ve lost money to investment fraud, you should report it to Action Fraud on 0300 123 2040 or online.
Find out more at FCA Scam Smart.
Keep your details safe
- Keep your Shareholder Reference Number and Investor Centre username and password secure. Just like you would for your bank account details and PIN.
- Never share your personal shareholder details with unexpected callers.
- If you have any concerns about your Aviva shares, email@example.com.