The Scottish Mail on Sunday

‘Clone’ fund crooks who targeted pensioner

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R.B. writes: On January 22, I received a call from Keystone Investment Trust of Moorfields in London regarding an investment I held in land. It offered £16,300 for this, subject to a fee of £3,750 to be paid on February 19. Later, it asked for a further £2,200 and I paid both sums and was told the £16,300 would reach my bank account on February 26. When the money did not arrive, I called Keystone and was told a further payment was required. I said I was not prepared to pay, and now realise it was a scam. I am 87 and should have known better. were never in touch with the real Keystone Investment Trust. This is a genuine investment fund. But you were called by a ‘clone’ run by fraudsters whose tu pa fake website at keystone investment­s trust. com. Note the extra letter ‘s’ that turns ‘investment’ into ‘investment­s’ and makes sure you see the fake website.

I contacted the real Keystone which is part of investment giant Invesco Perpetual. It told me it was well aware of the scam. It said: ‘We have taken appropriat­e steps and continue to report to the enforcing authoritie­s.’

Those bodies are the Financial Conduct Authority and the policerun Action Fraud. Despite this, when I rang the fake firm last Thursday on 0207 129 7316, it was still in business. Sadly, whoever answered hung up as soon as I gave my name, so I was not able to ask how it felt about stealing thousands of pounds from a pensioner. That is one mystery but the bigger puzzle is why the thieves are allowed to carry on stealing.

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