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Hi,
I have been advised by the FCA I am probably the victim of a pension transfer scam. I have engaged the services of a regulated IFA to assist me repatriate my fund that was transferred into a QROP as a vehicle to invest my fund into two unregulated collectives (which is prohibited by FSMA 238).
I recently posted day by day details of the scam and my attempts to repatriate my fund on the Citywire forum. Over the past 2 months it had in excess of 6000 views and several contributors. It was a lively discussion and I learned a great deal about the perpetrators and my rights and others learned about the scam.
Suddenly, that thread has been deleted! Someone has suggested the firm that advised the illegal transfer of my fund had their lawyers bully the forum owners and silence the reporting of my case.
I can explain all the details here if people want. It was not only useful to me but presumably helpful to potential victims doing research or due diligence before falling for the same scam.
I am currently trying to find ways of recovering my losses. The FCA were totally uninterested because the person advising the transfer was not licensed to give investment advice and apparently this bars me from accessing the FS Compensation Scheme.
Is this community up for the story? Everything is factual, as it happened and still happening! However, Citywire clearly weren't courageous enough. I don't know about this community. Your choice.
I have been advised by the FCA I am probably the victim of a pension transfer scam. I have engaged the services of a regulated IFA to assist me repatriate my fund that was transferred into a QROP as a vehicle to invest my fund into two unregulated collectives (which is prohibited by FSMA 238).
I recently posted day by day details of the scam and my attempts to repatriate my fund on the Citywire forum. Over the past 2 months it had in excess of 6000 views and several contributors. It was a lively discussion and I learned a great deal about the perpetrators and my rights and others learned about the scam.
Suddenly, that thread has been deleted! Someone has suggested the firm that advised the illegal transfer of my fund had their lawyers bully the forum owners and silence the reporting of my case.
I can explain all the details here if people want. It was not only useful to me but presumably helpful to potential victims doing research or due diligence before falling for the same scam.
I am currently trying to find ways of recovering my losses. The FCA were totally uninterested because the person advising the transfer was not licensed to give investment advice and apparently this bars me from accessing the FS Compensation Scheme.
Is this community up for the story? Everything is factual, as it happened and still happening! However, Citywire clearly weren't courageous enough. I don't know about this community. Your choice.
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