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A Warning – 1875 Finance

The ShareSoc blog provides news and informal commentary from directors, members and other contributors. Entries reflect the personal views of the authors, which do not necessarily reflect ShareSoc’s formal position. Contributors may hold shares in the companies mentioned. Nothing in this blog should be viewed as financial advice. You may submit comments on blog posts, but ShareSoc reserves the right to remove or edit inappropriate or defamatory submissions.

Several ShareSoc directors have been called recently by someone claiming to represent “1875 Finance”. To prove their bona-fides they even quote your own log-in information for a well known financial web site – yes they will even tell you the password which to any sensible person should immediately arise suspicion.

1875 Finance is an financial organisation based in Geneva, Switzerland. But they are not registered with the FCA to do business in the UK and have no connection with the aforementioned financial web site. It would seem that someone may be using the name as a front to promote a scam of some kind to UK investors.

This problem has been reported to the FCA, but investors should ignore such calls if they receive them.

Roger Lawson

Post Date: December 8, 2015

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