Global Insolvency Solutions Scam

Scam Alert

Global Insolvency Solutions Scam

Global Insolvency Solutions Scam 300 233 SOS Team

Global Insolvency Solutions Scam.

We have been receiving reports that victims of investment scams have been cold-called by people claiming to be from Global Insolvency Solutions Ltd.  They are carrying out a follow-on-fraud where they ask their intended targets to pay a fee in order to release money which they claim to hold for the investor.  It is a scam. It is being operated by the same people who have been running the Kingsgate Insolvency Ltd scam.  We reported on that scam in June 2021 – LINK to the article.

Neither of these organisations are licensed insolvency practitioner firms.  There is no doubt that the same group of scammers are behind both of these scam operations because they are too lazy to design a different website. We have printed a few pages from both websites to show the similarities – see below.

Global Insolvency Solutions Website

Kingsgate Insolvency Ltd Website

There is a genuine company called Global Insolvency Solutions Ltd which has been around since 2012, but the scam approach is not coming from this company.  The domain name of globalinsolvencysolutions.com which is being used by the scammers was purchased in April 2021.

If you have fallen victim to either scam you should report it to your relevant Police Authority.  We know that they have been targeting the victims of the Essex and London Properties scam, the five oil scams established by Glenn Jamie King and David Hyman, and other scams which go back even further including the CTI China Renaissance scam.  It is important to remember that if you are contacted and told a company has gone into liquidation, that doesn’t mean that it has. The best way to check is to go online to the Companies House website to check yourself, or to write, email or telephone Companies House. Even if the company has gone into liquidation, insolvency firms DO NOT allow third party organisations to represent them. Insolvency firms always deal direct with creditors themselves.

Global Insolvency Solutions Scam.

 

Sign-up for free to view hidden content

Get Started

    Investigating investments is a regulated activity in the UK. We have chosen NOT to be FCA-regulated. As a result, British citizens are not allowed to view our content, use our services or benefit from the regular Scam Alert warnings on our blog page. This restriction only applies to citizens of Great Britain and does not apply to other countries. A lot of scam victims around the world regularly view our website and benefit from the information we provide. We are not required to check who visits the website and we do not record any information on anyone who clicks the "I CONFIRM" button below. 

    Safe Or Scam is prohibited by the Financial Services and Markets Act 2000 (and associated regulations) from allowing individuals ordinarily resident in Great Britain to access our pages or use our services. Therefore, if any one of the following three statements apply to you the FCA prohibition applies.

    1.  I am currently ordinarily resident in the Great Britain; or
    2.  I was ordinarily resident in the Great Britain at the time I made my investment; or
    3.  I made my investment through my company which is incorporated under the laws of England and Wales and Scotland.

    If NONE of the above apply you may proceed to have free access to the website by clicking the "I CONFIRM" button below.

    I CONFIRM

    Our Scam Alert articles are sponsored by a not-for-profit UK company which is permitted to provide services to residents of Great Britain. If you are prohibited from viewing this website because one of the statements above apply to you, but you would like assistance from the UK company, please complete the Contact Form below. Please note: if you meet the requirements to click the "I CONFIRM" button above, you do not need to complete any details below.   






      By Submitting you agree with the SOS Privacy Policy