Investments in Christmas trees have previously been unheard of but the National Fraud Intelligence Bureau (NFIB) has received reports that suggest Christmas trees are being offered as a commodity for investment.
Whilst we cannot comment on viability of investment in Christmas trees, it is our concern due to this being promoted by applying same tactics that we have seen in investment fraud; cold calling, high pressure sales, promise of high returns etc.
Follow our advice to avoid falling victim to investment fraud
- If you get a call out of the blue, be wary; if in doubt don’t be polite, just hang up.
- If you’re considering any type of investment, always remember: if it seems too good to be true, then it probably is. High returns can only be achieved with high risk.
- Never be rushed into an offer and always be on your guard against anyone trying to push you into a deal.
- Take the time to seek independent legal or financial advice before making a decision.
- Always check the credentials of the company you’re dealing with. Check for known fraudulent organisations at the FCA.
If you receive one of these investment cold calls, ignore it and report it to Action Fraud.
Related links
Emerging trend in investment scams involving storage space
Rare metal investment scam
Investors warned over £24m carbon credit scam
