The Not So Fine Art Of Investment Fraud

Home » Newsroom » The Not So Fine Art Of Investment Fraud
fraud logo

People nationwide are receiving cold calls and are being persuaded to invest in 'Fine Art'.

Concerns around this include:

  • How the commodity is being offered, such as how the cold callers persuade victims to part with their money.
  • Hidden costs charged to the victims to view the product, shipping costs or additional fees to store the item.

How to protect yourself:

If the investment sounds too good to be true it probably is. Hang-up on investment cold calls. Legitimate companies will not ring-up and offer you an investment out of the blue. Do not give out personal financial information to cold callers.
Check whether the art dealer is a member of a trade association, such as The Society of London Art Dealers (SLAD), The Association of Art and Antique Dealers (LAPADA), The British Art Dealers Association (BADA) or Confederation of International Dealers in Art Work (CINOA).

Request copies of old receipts, invoices and question the history of the previous owner of the art investment, to check if the product is genuine before investing

popular recent storiesAlso in the news

Tarvin Primary School Logo
Tue 17 Jul 6:00am  |  hits: 592

Did you go to Tarvin Primary School? Do your children or grandchildren go or will your little ones be attending in the future? Maybe you live in the village and would welcome the opportunity to support the hub of the community? If so then please follow the link below to read more about the PTA's 50th Anniversary Crowd Fund Campaign and how any donation will be used to improve the...

Pool Bank
Sun 15 Jul 6:00am  |  hits: 531

Thank you Tarvinonline for sharing information on Pool Bank Farm. I wonder do you know anything of the Woollams family who were living there in the 1880s to about 1930?I'm in Australia, writing an entry on Robert Woollams (b.1879 Huxley) for our publication on the men and women living in our area who served in World War I. Robert was the son of Margaret and John...

Tarvin School sign
Sat 21 Jul 6:00am  |  hits: 367

It has been an emotional week at Tarvin School!In the run up to the summer holidays we have had some momentous occasions — the new school sign with the school emblem has been erected and unveiled.The Juniors have staged their end of term production "The Sound of Music".The winner of the Jim Grogan Countryside and Wildlife Award was announced in the Woodland.And the Year 6s had...