Thursday 27 January 2011

Ablestoke Consulting Warn Clients of new VCT Scam

Buzz It



Ablestoke Consulting have been made aware of an active scam targetting clients who have invested in Venture Capital Trusts

Several Ablestoke Consulting clients have received unsolicited telephone calls at home, claiming to be calling on behalf of a company who are a major share holder of the VCT looking to aquire a larger shareholding and offering amounts of £12 per share. When pressed for more details they hung up!

Ablestoke Consulting would like to warn people that this clearly appears to be a scam

Ablestoke Consulting have contacted The Beringea Group who run the Proven VCT (Proven bought the Sitka Health VCT, this VCT seems to be the target) and made them aware of this activity.

Beringea have received similar reports from other sources and have reported this activity to the Financial Services Authority 

Beringea have also posted a warning on the Proven VCT website potential scam alert and Ablestoke Consulting are alerting clients to this scam also

If you have been approached about your VCT, DO NOT reveal ANY personal information and instead please contact Ablestoke Consulting or the FSA immediately