Savings Bond Scam

The savings bond scam is a well-known financial crime, affecting more than 40 million Americans. The investment giant, Aviva, revealed details of the impersonation fraud, which has caused more than PS4 million in losses to savers. The criminals set up impersonation websites of well-known financial services firms, like the Aviva…

Savings Account Scam

A new savings account scam has hit Greenwich. The conman pretends to be a police officer and calls the elderly with the bank details. They then instruct them to call the bank and report the fraud. They will then discuss the bank details over the phone. They will not hang…

Scam Savings

If you’re unsure if your savings account is safe, you can check Consumer Reports to see if it has been reported for scamming. The website of MoneySuperMarket offers a list of the top savings accounts. You can also use an online search engine to find a savings account. However, you…

Bonds Scams

One of the most common types of scams that affect investors is a bonds scam. These schemes are operated by unscrupulous individuals who use the names of well-known institutions. The best way to avoid getting scammed is to be very careful about the investment opportunities that you choose. These are…

Investment Funds Act

Under the Investment Funds Act (IFA), a mutual fund can issue shares that are held by its investors. But it cannot pledge, encumber, or provide security in connection with any transactions. The new legislation will make this easier. For example, an investment corporation can pledge fund assets as collateral for…