This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

A Warning – 1875 Finance

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

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