21 January 2019
We have become aware that a number of shareholders of the Amati AIM VCT have recently received unsolicited telephone calls and emails from a company offering to buy the shareholder's VCT shares. This might sound like a great deal, but will likely come with a request for money up front as a bond or other form of security, which the scammers say they will pay back if the sale does not go ahead. This is probably an advance fee scam - where you pay money but never hear from them again. We believe these calls and emails to be part of a "Boiler Room Scam" and VCT shareholders are warned to be very suspicious of these types of calls and emails.
Should you receive such calls or emails, if possible it would be helpful if you
could let us know the following information:
Please contact us on either: email@example.com or 0131 503 9100. You may also wish to notify the FCA or Action Fraud.
The FCA have produced a flyer alerting investors to what they should be aware of should they receive a fraudulent call:
Beware of share fraud
For further information on share fraud and boiler room scams or to
report a fraudulent call, please visit the FCA website.
The Money Advice Service also provides information on a wide range of scams and fraud.