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Share Fraud Warning | LSEG
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xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path></svg> </div> </a> <div tabindex="-1" class="SiteHeaderMenu-content" role="menu"> <div class="SiteHeaderPanel is-animating is-closed"> <div class="SiteHeaderPanel-bar Typestack--p1Bold"> <button class="SiteHeaderPanel-backButton" tabindex="0"> <svg class="Icon Icon--s" xmlns="https://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path></svg> </button> <div class="SiteHeaderPanel-barTitle"></div> </div> <div class="SiteHeaderPanel-inner"> <div class="SiteHeaderMenu-children"> <div class="SiteHeaderSectionStack "> <div class="SiteHeaderSectionStack-children"> <div class="SiteHeaderSection 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<!--@formatter:on--> </div> </div> </div> </div> </div> </div> <div class="SiteHeaderSectionStack "> <div class="SiteHeaderSectionStack-children"> <div class="SiteHeaderSection SiteHeaderSection--1col"> <div class="SiteHeaderSection-hideRelatedLink"> <h3 class="SiteHeaderSection-title Typestack--h5">Our Solutions</h3> <div class="SiteHeaderSection-children"> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/solutions/sustainable-finance" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Sustainable Finance and Investing</span> </span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/data-analytics/sustainable-finance" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Sustainable Finance Data and Analytics</span> </span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/ftse-russell/indices/sustainable-investment-indices" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Sustainable Investment Indices</span> </span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="https://www.londonstockexchange.com/raise-finance/focus/sustainability-for-issuers" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">London Stock Exchange – Sustainable finance for London's issuers</span> </span> </a> </li> </ul> </div> <!--@formatter:on--> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </li> <li class="SiteHeaderMenu" data-rehydratable="SiteHeader.Menu" data-title="Insights & Events" role="menuitem"> <a class="SiteHeaderMenu-link Typestack--p1Bold" role="button" 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class="SiteHeaderPanel-barTitle"></div> </div> <div class="SiteHeaderPanel-inner"> <div class="SiteHeaderMenu-children"> <div class="SiteHeaderSectionStack "> <div class="SiteHeaderSectionStack-children"> <div class="SiteHeaderSection SiteHeaderSection--3col"> <div class="SiteHeaderSection-hideRelatedLink"> <div class="SiteHeaderSection-children"> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/insights" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Insights</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">Spark your investment ideas with truly tailored perspectives.</span> </a> </li> </ul> </div> <!--@formatter:on--> </div> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/events" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">LSEG Events</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">Discover our range of events and webinars around the globe.</span> </a> </li> </ul> </div> <!--@formatter:on--> </div> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/venue-hire" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Venue and Studio Hire</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">Explore our prestigious offerings; hold memorable events and create your content.</span> </a> </li> </ul> </div> <!--@formatter:on--> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </li> <li class="SiteHeaderMenu" data-rehydratable="SiteHeader.Menu" data-title="Support" role="menuitem"> <a class="SiteHeaderMenu-link Typestack--p1Bold" role="button" aria-haspopup="true" aria-expanded="false" href=""> <span class="SiteHeaderMenu-linkText">Support</span> <div class="SiteHeaderMenu-linkIcon"> <svg class="Icon Icon--s" xmlns="https://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path></svg> </div> </a> <div tabindex="-1" class="SiteHeaderMenu-content" role="menu"> <div class="SiteHeaderPanel is-animating is-closed"> <div class="SiteHeaderPanel-bar Typestack--p1Bold"> <button class="SiteHeaderPanel-backButton" tabindex="0"> <svg class="Icon Icon--s" xmlns="https://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path 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class="SiteHeaderNavItem-link" href="/en/product-support" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Product Support</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">Our latest support information as it becomes available, all in one place.</span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/product-logins" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Product Log-ins</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">Direct log-in access for LSEG products.</span> </a> </li> </ul> </div> <!--@formatter:on--> </div> </div> </div> </div> </div> </div> <div class="SiteHeaderSectionStack "> <div class="SiteHeaderSectionStack-children"> <div class="SiteHeaderSection SiteHeaderSection--1col"> <div class="SiteHeaderSection-hideRelatedLink"> <h3 class="SiteHeaderSection-title Typestack--h5">My account</h3> <div class="SiteHeaderSection-children"> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="https://myaccount.lseg.com/en/signin" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">MyAccount</span> </span> <span class="SiteHeaderNavItem-linkDescription Typestack--p3">For product support, service updates, guides, online billing, and more.</span> </a> </li> </ul> </div> <!--@formatter:on--> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </li> <li class="SiteHeaderMenu" data-rehydratable="SiteHeader.Menu" data-title="About " role="menuitem"> <a class="SiteHeaderMenu-link Typestack--p1Bold" role="button" aria-haspopup="true" aria-expanded="false" href=""> <span class="SiteHeaderMenu-linkText">About </span> <div class="SiteHeaderMenu-linkIcon"> <svg class="Icon Icon--s" xmlns="https://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path></svg> </div> </a> <div tabindex="-1" class="SiteHeaderMenu-content" role="menu"> <div class="SiteHeaderPanel is-animating is-closed"> <div class="SiteHeaderPanel-bar Typestack--p1Bold"> <button class="SiteHeaderPanel-backButton" tabindex="0"> <svg class="Icon Icon--s" xmlns="https://www.w3.org/2000/svg" viewBox="0 0 32 32" xmlns:xlink="https://www.w3.org/1999/xlink" aria-hidden="true" focusable="false"><path fill="" d="M17.037 16.745l5.508-5.345L24 12.814l-7.996 7.778L8 12.814 9.455 11.4l5.52 5.367 1.025.994z"></path></svg> </button> <div class="SiteHeaderPanel-barTitle"></div> </div> <div class="SiteHeaderPanel-inner"> <div class="SiteHeaderMenu-children"> <div class="SiteHeaderSectionStack "> <div class="SiteHeaderSectionStack-children"> <div class="SiteHeaderSection SiteHeaderSection--1col"> <div class="SiteHeaderSection-hideRelatedLink"> <div class="SiteHeaderSection-children"> <div class="SiteHeaderColumn"> <div class="SiteHeaderNavList"> <ul class="SiteHeaderNavList-items"> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/about-us" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">About LSEG</span> </span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/careers" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span class="SiteHeaderNavItem-linkText">Careers</span> </span> </a> </li> <li class="SiteHeaderNavItem"> <a class="SiteHeaderNavItem-link" href="/en/investor-relations" role="menuitem"> <span class="SiteHeaderNavItem-linkInner Typestack--p1Bold"> <span 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href="https://www.lseg.com/en/security-centre" data-find-method="Breadcrumb Component | Breadcrumb Component" data-title="Security Centre">Security Centre</a> </li> <li class="BreadcrumbItem"> <span aria-current="page" class="Anchor Typestack--p3Bold Link Link--inline" data-find-method="Breadcrumb Component | Breadcrumb Component" data-title="Beware of Share Fraud"> Beware of Share Fraud </span> </li> </ol> <script type="application/ld+json">{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"name":"Home","@id":"https://www.lseg.com/en"}},{"@type":"ListItem","position":2,"item":{"name":"Security Centre","@id":"https://www.lseg.com/en/security-centre"}},{"@type":"ListItem","position":3,"item":{"name":"Beware of Share Fraud","@id":"https://www.lseg.com/en/security-centre/share-fraud-warning"}}]}</script> </nav> <!--* Page header content region*/--> <link rel="stylesheet" href="/etc.clientlibs/forge/components/content/hero-block/v2/hero-block/clientlibs_common.min.css" type="text/css"> <div class="Section Section--grayLightest" data-theme-color=" Section--grayLightest" id="hero-block-sub-section"> <div class="Poster Poster--xs form--false isVideo-false isMobile--false"> <div> <div class="Poster-image"> <div class="Image Image--cover Image--anchorC " style="background-image:url(/content/dam/forge/colors/graylightest.svg);"> <img alt="" class="Image-img" sizes="100vw" src="/content/dam/forge/colors/graylightest.svg" srcset="/content/dam/forge/colors/graylightest.svg 1440w, /content/dam/forge/colors/graylightest.svg 768w"/> </div> </div> </div> <div class="Poster-content"> <div class="Poster-contentInner"> <div class="Grid Grid--even2 Grid--gutterlessAtNarrow"> <div class="Grid-items"> <div class="Grid-item"> <div class="VerticalSpacing VerticalSpacing--m"> <h1 class="Heading Typestack--h1">Beware of Share Fraud</h1> </div> </div> </div> </div> </div> </div> </div> <div> </div> </div> <div class="Section Section--white"> <div class="Section-inner"> <div class="VerticalSpacing VerticalSpacing--m"> <div class="Grid Grid--3414"> <div class="Grid-items"> <div class="Grid-item"> <div class="VerticalSpacing VerticalSpacing--m"> <div class="Header"> <div class="Header-heading"> <h2 class="Heading Heading--l"> Warning to shareholders</h2> </div> </div> </div> <div class="VerticalSpacing VerticalSpacing--m"> <div class="RichText "> <h3>Beware of share fraud</h3> <p>Some companies are aware that shareholders have received unsolicited phone calls or correspondence concerning investment matters which imply a connection to the company concerned. These are typically from overseas based ‘brokers’ who target UK shareholders offering to sell them what often turn out to be worthless or high risk shares in US or UK investments. Shareholders may also be advised that there is an imminent offer for the company, and the caller may offer to buy shares at significantly above the market price if an administration fee is paid. This is known as ‘boiler room fraud’.</p> <p>They can be very persistent and extremely persuasive and the Financial Conduct Authority (FCA) has reported that the average amount lost by each investor is around £20,000. It is not just the novice investor that has been duped in this way; many of the victims had been successfully investing for several years. Shareholders are advised to be very wary of any unsolicited advice or offer to buy shares at a discount.</p> </div> </div> <div class="VerticalSpacing VerticalSpacing--m"> <div class="RichText "> <h3>How to avoid share fraud</h3> <p><b>Any correspondence purporting to be from London Stock Exchange Group (LSEG) soliciting you to buy shares in a specific security will not have come from LSEG and should be considered a scam. LSEG does not provide any mobile trading application(s). Any mobile trading application(s) purporting to be from LSEG, offering the ability to buy or sell securities should also be considered a scam.</b></p> <p>Financial Conduct Authority (FCA) <a title="FCA - Beware of share fraud - 2013" href="/content/dam/lseg/en_us/documents/fact-sheets/fca-beware-share-fraud.pdf" style="background-color: rgb(255, 255, 255);">Beware of Share Fraud</a> document - it contains practical advice for those approached by boiler rooms in a variety of guises and a list of 10 guidance points.</p> <p>If you are approached by fraudsters please tell the FCA using the share fraud reporting form at <a title="FCA - scams" href="https://www.fca.org.uk/consumers#scams-67211" target="_blank">www.fca.org.uk/scams</a> where you can find out more about investment scams.</p> <p>You can also call the FCA Consumer Helpline on <b>0800 111 6768</b>.</p> <p><a title="FCA - Be ScamSmart" href="https://www.fca.org.uk/scamsmart" target="_blank">Be ScamSmart - FCA fraud awareness website</a></p> <p><b>Investment scams are designed to look like genuine investments</b></p> <p>Spot the warning signs:</p> <p>Have you been....</p> <ul> <li>contacted out of the blue</li> <li>promised tempting returns and told the investment is safe</li> <li>called repeatedly, e-mailed by an unknown third party, provided links to non-verified websites or applications, or</li> <li>told the offer is only available for a limited time?</li> </ul> <p>If so, you might have been contacted by fraudsters.</p> <p>See the FCA <a href="/content/dam/lseg/en_us/documents/fact-sheets/fca-be-scam-smart.pdf" title="FCA leaflet - be ScamSmart 2015">Be ScamSmart</a> document on how to avoid share fraud and how to report a scam.<br> </p> </div> </div> </div> <div class="Grid-item"> </div> </div> </div> </div> </div> </div> <div class="Section Section--grayLightest"> <div class="Section-inner"> <div class="cq-dd-paragraph"><div class="column_control column-control design-dialog"> <div class="Grid 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