Investing4You - options for getting your money back
Refundee can help people who invested in the Investing4You scheme to recover money from their bank.
What happened?
Thousands of investors have lost money investing in what was supposed to be a successful forex scheme. The investment scheme purported to be able to successfully trade stocks and shares, and due to stop losses in the portal, it promised that investors would never lose more than 10% invested. Unfortunately, many investors are out of pocket and have lost their life savings.
The director of the scheme, Declan Nowell, largely flaunts their wealth on social media, pointing to Investing4You as a reason for their success. However, they are yet to evidence any legitimacy to the scheme. The FCA also confirms this is an unauthorised firm where they are offering investment services without being regulated to do so: https://www.fca.org.uk/news/warnings/investing4you-ltd
How do you get your money back?
In short, if you sent the money via UK bank transfer from a bank that is signed up to the Contingent Reimbursement Model Code (CRM), you could get your money back. A list of banks that are signed up can be found here.
To be covered under the CRM code, your payments must:
Be sent from a UK bank signed up to the CRM code
Be sent on or after 28 May 2019
Sent via UK bank transfer
Unfortunately, it currently seems that banks are denying people refunds as they don’t feel the investment falls under the definition of an APP scam. We think this is incorrect and you should challenge them.
In support of the above and meeting the bar for criminality, the police are currently investigating this and all investors should raise an enquiry with the police if they haven’t done so already: https://mipp.police.uk/operation/16HQ21S56-PO1
How Refundee could represent you during the complaints process
Firstly, it’s the right thing to acknowledge that you can do this process yourself. Of course, doing it yourself can avoid having to incur an eventual fee.
If you would like our help, then you can Start Your Claim on our website or call us on 0204 525 4600. We will then investigate your case, let you know whether we can help, put together your case, and manage the process from beginning to end. Our fees are fair, industry-lowest, and straightforward. We only charge a fee if we’re successful, and there are no hidden or upfront costs. We charge 15% + VAT on anything you get back up to a maximum of £10,000 + VAT.
How would the process work?
Refundee manages everything for you. We begin with an investigation to understand what happened in your specific circumstances. After some paperwork, we handle your case from start to finish, working with your bank through to the Financial Ombudsman Service.
These cases can take around 6-12 months, although the process can vary in terms of duration.
Who are Refundee?
Refundee are fraud refund specialists, and you can read about what our previous customers have said about us on Trustpilot. We’ve recovered millions for fraud victims in the UK.
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
