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Aspiring entrepreneurs know that an impressive office address can be a powerful asset. Customers assume that if a business can afford to be based in an affluent area, it must be successful. But a Money Mail investigation today shows why you should think twice before trusting a grand-sounding location. Number 207 Regent Street is a smart Portland stone building in central London, with five floors based above a shoe shop. You might assume the rent would be eye-watering. Yet floor three could be yours for just £24 a month — as long as you don't mind sharing with 3,900 other companies. That's ...

Investors were adding thousands weeks before the authorities stepped in The pension pots and life savings of hundreds of British investors are on the line after a car leasing firm went bust owing £26m. Raedex Consortium, which owns Buy 2 Let Cars, collapsed in March and is facing an investigation from the Serious Fraud Office after the City watchdog intervened. Its leading brand, Buy 2 Let Cars, attracted hundreds of savers with the promise of returns of up to 11pc and was widely advertised on TV and radio stations. However, many who relied on the income from their investment in the firm fe...

Investors who lost millions of pounds when mini-bond firm Basset & Gold failed last April are fighting for compensation for what they feel were mis-sold investments. Some 170 bondholders who invested money between February 2017 and 2018 have complained to the Financial Ombudsman after claiming they were fobbed off by the company supposed to check-up on the failed firm's adverts. However, they have accused the Ombudsman of continuing to 'dilly dally and make excuses', with some investors saying they have waited for months to hear from it. Basset & Gold sponsored West Ham United football club b...

We paid Google just £95.88 to promote our website best2invest.co.uk under search terms such as 'secure investment' and 'Isa best buys'. In less than a week, the ad was viewed 3,539 times.

Life savings lost after innocent investors were duped into parting with their cash 27 January 2021 • 6:00am Scammed investors lost an average of £45,000 to financial con artists last year, as fraudsters stepped up their attacks to exploit the chaos caused by coronavirus. The number of people falling victim to clone investment websites has jumped by almost a third since the nation went into lockdown last March. Investors lost a total of £78m to scam websites last year, according to the Financial Conduct Authority, the City regulator.  Experts have criticised the watchdog for failing to s...