Posts

SSE Only Fixed Tariff Energy - Price Cap Not Shown - Customer Ripoff!

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 I've just moved house and the previous resident was with SSE (Southern Electric) so I need to register with them at least for a period of time before moving to another supplier - unlikely in the current climate! Fortunately I know what I am looking for so was very surprised to see that the only 2 tariffs that SSE were offering were fixed rate ones. There was no option at all to take the variable standard tariff that the price cap applies to. Only reason I can see is to stop customers being able to get the best rate. Why are OFGEM allowing this!?

Fluid ISA Bond Liquidation - Was It A Scam & Will I Get Money Back?

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 It's been announced that Fluid ISA Bond Ltd has been placed into liquidation meaning investors are now in the line of creditors to wait for any possible recovery of funds. Unfortunately the administrators have advised that they do not foresee any money being available to distribute to bondholders. It appears that the Fluid ISA website being "down for maintenance" some months ago was the prelude to this as it never actually came back from maintenance. You can see the previous post about lack of redemption payments here Sadly another mini bond saga where investors have lost money, some of whom don't appear to have really known or understood what they were investing their money into. The liquidators will need to assess whether Fluid ISA bond was genuine or whether it was a scam that needs further investigation. You can read the Gazette notice here https://www.thegazette.co.uk/notice/4046635 Fluid ISA Bond Liquidation - Was it a Scam?

Kudona 3.8% savings Interest - Is it a Scam?

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 A firm called Kudona are advertising on Facebook that are offering 3.8% savings interest. This is way above the market rate so is this a scam? Interestingly there is no result returned on Google if you look up "Kudona 3.8% savings Interest" which is very odd. If there is no way to check the info online through Google and Kudona have no online presence then that is a very big warning sign. If you look up Kudona on the FCA website there is no company listed by that name so it would appear that your money is at risk and you will have no recourse to compensation from FSCS. With these warning signs our advice would be to stay well away. If Kudona are genuinely offering 3.8% savings interest on a FSCS protected account we're happy to update this information if they can provide details of the company Kudona 3.8% savings Interest - Is it a Scam? Update - there is a website for Kudona but the same caveats apply. It isn't FSCS protected so your savings are at risk. It appears

Fake NHS Covid Omicron Test Scam

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 I received a text message recently telling me that someone I knew had tested positive (presumably for Covid19) and that I needed to order a test kit. The message wasn't shown as coming from the NHS and the website link had no NHS details in the URL but the website displayed was branded to look like NHS. This is a scam and nothing to do with the NHS. The number 07759 129388 / +44 7759 129 388 is used as sender ID but is likely to be a fake number. NHS Covid Omicron Test Kit Scam text If you click on the link you are taken to a website that claims to be an NHS one but has some obvious clues apart from the web address that show it is fake. The tests for Omicron are exactly the same as for other Covid19 variants, there is no suggestion that the variant "appears dormant" as the scammers are claiming. In the UK at least there is no isolation requirement for anyone who is a contact and this is unrelated to having a test or not. The wording of the scam text SMS message is purely

Eon/MSE Martin Lewis Scam Fixed Rate Bond Email paying 3.5%

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 We've been made aware of a scam email doing the rounds claiming to be from Money Saving Expert (MSE) Martin Lewis and offering an EON/e-On fixed rate bond paying rates of 3.5% and 5.875%. This scam is nothing to do with MSE, Martin Lewis or e.On. The scammers are just using their names to give some credibility and to gain trust. If you hand money over you will lose it and not hear from the scammers again so give them a very wide berth. Eon MSE Martin Lewis Scam Bond Email

CPrompt UK Ltd Name used for Fluid ISA Bond Scam

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The company name  CPrompt UK Ltd is being used by scammers to target investors in Fluid ISA Bond to recover money from their investment.  C Prompt UK Ltd is a company based in North East UK that has been running since 1993, owned by 2 people and has no website or any obvious online presence. You can check their details on Companies House here: https://find-and-update.company-information.service.gov.uk/company/02876125 The scammers using the C Prompt UK name have no connection to the real company and are claiming to be based in London. It also appears that they have setup a website which again is nothing to do with the real company. They are presumably relying on the fact that C Prompt UK have no contact details online for any Fluid ISA Bond investors to validate or disprove the scam. The scammers are reportedly asking for 5% fees to recover funds from Fluid ISA that they claim has gone into liquidation. There is no information to support this claim. Although the ISA manager NPI has gon

Hunter Jones Investment Review - Is it a Scam?

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A company called Hunter Jones Investments are advertising on Facebook for bonds that they claim are paying 24% fixed return over 24 months for a managed property portfolio bond. It makes no mention that it is now breaking the law to sell unregulated bonds to retail investors. So is this investment opportunity from Hunter Jones a scam or genuine investment?  Hunter Jones Facebook advert - Is it a Scam? The name makes it sound like you're dealing with a person called Hunter Jones but it's actually a trading name for a company called  Osborne Baldwin Limited.  There is no mention of any risks involved in lending money to Hunter Jones investments - if you think you are putting money into safe savings as per a bank then you are at risk of being misled. Hunter Jones are not FCA regulated. There is no FSCS protection and you could lose 100% of your money if the company you lend money to was to fail. From information online there are unhappy previous Hunter Jones investors who used the