If you suspect it, report it, lets help the FCA name suspected investment scams on it's warning list and batten down the hatches to our bank accounts.
Suspected investment scams can be reported to the FCA at http://www.fca.org.uk/scamsmart or via their contact centre on 0800 111 6768.
If more people are likely to report fly tipping than a suspected investment scam what is it that sees such reservations? Is it the element of uncertainty in when to report or how? Are those affected my investment scams not aware of reporting lines if they are not avid internet users?
The fact the FCA are encouraging people to speak out on behalf of their family or local community is a supportive step to help encourage reporting especially when many victims or recipients of scam approaches may not be scamaware to report themselves.
FCA director of enforcement Mark Steward said: "It's clear to see that by reporting suspicious investment schemes to the FCA, people are having a direct impact in helping to stop fraudsters exploiting others. But there is still more we can all do and we need the public's help. "We are encouraging people to speak out on behalf of their family or local community, just like they would report a crime in their local area." The FCA advises consumers to reject unsolicited contact about investments and to check the FCA Register and Warning List before investing. Suspected investment scams can be reported to the FCA at http://www.fca.org.uk/scamsmart or via their contact centre on 0800 111 6768. YouGov surveyed 1,006 adults online between September 18-24.