Google ISA and Bond scams

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ursaminortaur
Lemon Half
Posts: 8260
Joined: November 4th, 2016, 3:26 pm

Google ISA and Bond scams

Post by ursaminortaur »

It seems there are a large number of scam adverts for bonds and ISAs on Google at the moment.
(Also good to see that Mark Taber is still active - has there been any explanation as to why his fixedincome website was redirected back to the Lemon Fool some time ago ?)

https://www.independent.co.uk/news/busi ... 45206.html

Up to 90 per cent of adverts on Google for investment ISAs and bonds could be scams, the search giant has been warned – as it emerged that questionable sites have been taken down only to reappear again within hours.

As savers prepare to put billions of pounds into ISAs before the end of the tax year in April, scammers are taking advantage of Google’s lax controls to promote investments claiming to offer annual returns of up to 29 per cent.
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Mark Taber, a campaigner who has been warning of an epidemic of scam financial advertising online, has highlighted 126 separate promotions to the Financial Conduct Authority (FCA) and Google in just six weeks.

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