Harvard Capital Scam.
A company calling itself Harvard Capital is perpetrating a follow-on-fraud against investors who have lost money to scams. It is clear that Harvard Capital has obtained a list of investors from one or more of the sales agent companies which sell unregulated investments and is cold-calling investors pretending to be from The Insolvency Service. This is quite a common scam which we come across on a regular basis.
The story they give investors is that the Insolvency Service has passed the case to Harvard Capital and the investor will be hearing from Harvard Capital very soon. Sure enough, a few hours later the investor receives an email from Harvard Capital with a number of attachments. See below:
Subject: HARVARD CAPITAL
Please find attached documentation pertaining to the transposition of your investment portfolio including an invoice for the UCIS fee due, alongside our terms and conditions. Your allocated corporate adviser will be in touch in order to finalise your account.
The attachments include a fake letter claiming to be from the Insolvency Service, a Cover Letter and a contract. They can be viewed below.
There is a genuine company called Harvard Capital Ltd, but they will not be involved in this scam. The scammers have cloned their details.
You may have noted in the fake Insolvency Service letter that Harvard Capital is not mentioned. The company which is mentioned is Decca Capital. This is because in their haste to launch the Harvard Capital scam they used one of their previous Insolvency Service follow-on-fraud letters and forgot to change the details. That may be obvious to a lot of people, but there will be some investors who do not spot this and are persuaded by the unsolicited telephone calls that the scam is genuine. If you have fallen victim to a fake Insolvency Service scam report it to the Police.