Question
I have received following message from Interactive Investor. It is too good to be true. Your suggetion please
Invest in High Yield Two Year Bonds*
Minimum investment £2,000
Click here to register FREE on the exclusive DB Capital plc Private investor Platform
DB Capital is authorised and regulated by the Financial Services Authority and Registered with the information Commissioner's Office
Registering does not commit you to anything at all now or in the future.
EITHER Earn high interest of 12%+ per annum**
OR Earn 6%+ interest per annum **
Plus a capital gain from the RISE or FALL in
Gold, Silver, Oil, FTSE, Dow Jones, DAX, CAC, Euro, US$, Yen**
OR Earn 6%+ interest per annum, inflation protected **
With the capital and interest index linked to the UK RPI or CPI **Answer
I'm struggling to find any information about this supposed investment opportunity. DB Capital Plc has applied to cancel its FSA authorisation and the company's website is 'under construction'. So I think it's fair to say it's no longer trading, at least as a FSA authorised investment company.
Based on the sketchy details in the email it does all look a bit too good to be true, with the advertised returns suggesting a fair amount of risk may be involved.
From the limited amount of information available on the Internet it appears the company was aiming to raise money from private investors and lend to businesses, using the interest paid by businesses to provide returns for investors (although the email extract above suggests an artificially constructed investment element too). Lending to businesses can be as safe or risky as the prospects for those businesses, I suspect this might have been at the higher risk end of the scale.
Anyway, looks like the company never got off the ground...probably just as well given the spurious nature of the product they were trying to flog. Interactive Investor is a decent website, so it's disappointing to see them pushing junk emails like this.
I have received following message from Interactive Investor. It is too good to be true. Your suggetion please
Invest in High Yield Two Year Bonds*
Minimum investment £2,000
Click here to register FREE on the exclusive DB Capital plc Private investor Platform
DB Capital is authorised and regulated by the Financial Services Authority and Registered with the information Commissioner's Office
Registering does not commit you to anything at all now or in the future.
EITHER Earn high interest of 12%+ per annum**
OR Earn 6%+ interest per annum **
Plus a capital gain from the RISE or FALL in
Gold, Silver, Oil, FTSE, Dow Jones, DAX, CAC, Euro, US$, Yen**
OR Earn 6%+ interest per annum, inflation protected **
With the capital and interest index linked to the UK RPI or CPI **Answer
I'm struggling to find any information about this supposed investment opportunity. DB Capital Plc has applied to cancel its FSA authorisation and the company's website is 'under construction'. So I think it's fair to say it's no longer trading, at least as a FSA authorised investment company.
Based on the sketchy details in the email it does all look a bit too good to be true, with the advertised returns suggesting a fair amount of risk may be involved.
From the limited amount of information available on the Internet it appears the company was aiming to raise money from private investors and lend to businesses, using the interest paid by businesses to provide returns for investors (although the email extract above suggests an artificially constructed investment element too). Lending to businesses can be as safe or risky as the prospects for those businesses, I suspect this might have been at the higher risk end of the scale.
Anyway, looks like the company never got off the ground...probably just as well given the spurious nature of the product they were trying to flog. Interactive Investor is a decent website, so it's disappointing to see them pushing junk emails like this.
Read this Q and A at http://www.candidmoney.com/questions/question574.aspx
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