Is Blackmore Bonds a Genuine Investment or a scam?

By J Drew -

Are Blackmore Bonds a genuine investment or a scam?


Blackmore Bonds are now being advertised on Facebook with more misleading, or more correctly, missing information. All the references are to savings yet Blackmore Bonds are not a savings product, they are an investment where you could lose all of your money. Their risk page is very clear that you may not get your money back. The advert mentions what you can do with your savings, it doesn't say that Blackmore Bonds are not a savings and are very risky.

Blackmore Bonds are not FSCS protected so your money is not guaranteed as it is in a bank account and you could lose all your money.


Are Blackmore Bonds a genuine investment or a scam?
Blackmore Bonds Facebook adverts

Read more about the risks of Blackmore Bonds on the link below but they make clear if you read the page that you could lose all your money and that the bonds cannot be sold or transferred.

https://www.blackmorebonds.co.uk/risk-factors

Comments

Post a Comment

Popular posts from this blog

Concept Capital Group Review - Is it Genuine or a Scam?

By J Drew -
Image
Investment in Concept Capital Group is being promoted on Facebook and Rightmove to solicit investment in their static caravans for rental to social housing tenants via Social Park Housing. Concept Capital Group are claiming to guarantee rental income of 10% but as investors in London Capital & Finance are fully aware, this sort of guarantee is fully dependent on the company making it still being in business. If the company fails for any reason then there will be no-one to support the guarantee or to return money to investors.  Update November 2024: It's reported on MSE that investors are struggling to get repayments of their investments with various excuses. If the company fails your guarantee disappears. Concept Capital Group have only existed since 2019 so have no track record of honouring investment guarantees over the long term. Concept Capital Group Risks - Is it a Scam? Concept Capital Group include a small link to a disclaimer page on their site that identifies the risks...
Read more

London Capital & Finance Trial 2024 - Latest Court News

By J Drew -
Image
The trial of various individuals associated with LCF (London Capital and Finance) started in Feb 2024. There seems little mainstream coverage of the proceedings, probably because they are quite technical and maybe generally of interest to a small group of affected investors. However I've found an excellent resource that is giving daily transcripts of the proceedings and to say they were enlightening would be an understatement. As someone who has been involved in investigating LCF for nearly 8 years it is fascinating to read the behind the scenes details of how the company was setup and how accurate some of my summaries were. Sadly many of the details couldn't be published at the time because without more evidence they would have been considered libellous but the emails from LCF now show how their scheme was planned from the start. You can keep up to date with Mouse in Court here  https://mouseinthecourtroom.wordpress.com/2024/02/25/court-documents-lcf-trial/?s=03 Various advert...
Read more

LCF - Where Are The Assets & People Now?

By J Drew -
Image
Where are the People and assets behind LCF & their agent Surge Financial? London Capital & Finance owned a helicopter purchased by Andy Thomson. LCF helicopter seized This has now been seized and is being held at Shoreham Airport in Sussex. According to the administrators one of the loans of £12 million was to a stables called Home Farm originally run by Spencer Golding but now owned by Sean Cubitt who was unable to provide any paperwork for the purchase of the company or for any of the horses. There were originally 85 horses apparently with a combined values of £15 million according to the owners but when the administrators visited they could only see 35 that had a value of less than £10,000 each. Sean Cubitt claimed that there was no bank account for the company that runs Home Farm. So a company with no bank account was loaned £12 million by LCF. Yet another example of the lies they told to investors about their lending process. We understand that the val...
Read more