Our Latest News

We keep you up to date with the latest news on investment scams, the companies and people involved, our investigations, investor websites and recovery actions.

OurSpace Website

The website we established for investors in the collapsed OurSpace workspaces investment is under maintenance and will be back online soon. This is just to let investors know that OurSpace is still under investigation by Safe Or Scam and we will be continuing our...

Central FX

Safe Or Scam is providing investigative support to a UK solicitor involved in a case against Central FX, the UK-based currency exchange provider recommended by Bar Works Inc in the USA. Bar Works has been prosecuted and been found to be a Ponzi Scheme run by disgraced...

Busy Start

The new year is only nine days old and our investigations into dodgy investments are back into full flow. A low-cost legal action which was started in December against Clear View Marketing Services Ltd / European Property Coin took another step forward this week. We...

St Helier Capital – Update

Simon Whittley and St Helier Capital Management Ltd have filed the company's overdue accounts. They are very concerning for people who were duped into buying Preference Shares. Since the company first started taking in funds in December 2016 it reports that by the end...

StratXMarkets Update

SOS is working with investors who invested very large sums into StratXMarkets, a binary option scam. Typically binary option scams involve 'cash mules' i.e companies which act as accomplices to take in the investment money. They provide smokescreens making it...

European Property Coin – Update

Safe Or Scam has assisted investors with the first steps in a legal process against Clear View Marketing Services Ltd, the company behind the bogus digital currency called European Property Coin. The company failed to respond to a legal claim within the statutory...

Osage 1, Phenco, Kansas MB, Kansas B2 – Update

Investors remain frustrated by non-payment of overdue royalties for Osage 1, Phenco, Kansas MB, Kansas B2 and Sooner Energy. The company director, Martin Finch, has been giving a weak and implausible excuse. It is that he is struggling to find a currency exchange...

Prosperity – Update

A UK solicitor has proposed a recovery action to Prosperity investors at Bentley Court and Parkwood Court in Keighley, West Yorkshire. Safe Or Scam is providing investigative support and analysis to the solicitor. A barrister's opinion has been obtained which outlines...

Essex and London Properties – Update

A proposal to investors in Essex and London Properties who have made themselves known to Safe Or Scam will be made in early January 2019. This was delayed whilst the solicitor partner sought the views of the Official Receiver. The position has now been clarified and...

OurSpace Investors – Update

Safe Or Scam is working with a group of OurSpace investors to recover their investments in the OurSpace workspaces investment. The OurSpace project has collapsed. This was inevitable as it was a clone of the disgraced workspace investment operated by Bar Works Inc in...

Financial Plus – Bogus Share Offers

Safe Or Scam has started an investigation into the activities of Financial Plus Ltd operating out of Hong Kong. We were approached by an investor who invested substantial sums to purchase shares in Spotify, Alipay and Tesla through Financial Plus. It was a scam. The...

StratXMarkets -Binary Options Scam Update

Safe Or Scam is working with investors in the StratXMarkets binary options scam. In recent weeks we have taken major steps forward in identifying the parties responsible. We are focused on the money trail and expect in the near future to be able to positively identify...

Prosperity – Bentley Court and Parkwood Rise

Safe Or Scam is looking into the activities of PDC Prosperity Management (Cyprus) Ltd on behalf of a number of concerned investors. Safe Or Scam was approached by investors in Bentley Court and Parkwood Court tower blocks in Keighley, West Yorkshire.   Prosperity...

European Property Coin Scam – Update Nov 2018

Some European Property Coin investors, with the assistance of Safe Or Scam, have begun taking positive action to reclaim their investments. The EPC scam is coming to an end and the perpetrators are becoming increasingly desperate to squeeze more money from investors....

Solari Energy – Update 2

This action is now in a position to move forward very quickly. There have been communications with the law firm representing Doug Fletcher and Solari Energy in Australia, the representative of Global Biofuels Group based in Hong Kong, and solicitors representing...

Platinum One – Golden Sands Developments Platinum Ltd

Safe Or Scam undertook a review of the Platinum One project at the request of an investor. The company running that project, Golden Sands Developments Platinum Ltd, is now in administration along with several other companies controlled by the director Ameerali Bin...

Essex and London Properties Ltd – Update

Essex Police have concluded their fraud investigation and passed the case to the Crown Prosecution Service for consideration. The liquidator Begbies Traynor has referred their investigation to the Official Receiver. SOS has been working with a UK law firm to...

Bar Works Inc / Central FX

Following a recent newspaper article in the Daily Telegraph describing an action launched against Central FX by more than 50 investors in the Bar Works Inc Ponzi Scheme, SOS met with the appointed solicitor to review the evidence gathered by SOS investigators.  The...

St Helier Capital Management – Update 4

Investors in St Helier Capital Management Ltd are now ready to take the matter to court. SOS has been gathering more evidence against St Helier and its director Simon Whittley. It appears Simon Whittley is no stranger to court appearances, the majority of which relate...

Safe Or Scam Appoints Second Licensee

Safe Or Scam is very pleased to welcome Suzanne to our team. Suzanne, like James, was a former Police Officer with the Metropolitan Police in London. In the past Suzanne has worked on investigations involving financial crime, money laundering, fraud and cybercrime....

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