We are seeing an increase in social media related frauds. If you have been approached via social media, personal email, or mobile messages, about investment schemes claiming to be offered by individuals working for, or in partnership with, Schroders then please contact us immediately. They are likely to be linked with fraudulent activity.

These frauds claim to make investments into trading applications under the Schroders name. These trading applications do not exist. We take all possible action in conjunction with social media platforms, law enforcement and regulators to stop these frauds.

Recent Fraudulent activity in India

We have received reports in India of Schroders and Axis branded websites and mobile applications offering investment products and services. Please be aware that Schroders and Axis do not offer any financial products or services to customers in India via Facebook, WhatsApp, and Telegram.

Sites offering these kinds of services to clients in India are fraudulent and must be avoided. If you have been a victim of fraud seek immediate help from your local law enforcement office and bank.

Reach out to our fraud prevention team on:

Telephone: +44(0)20 7658 4004

Email: abuse@schroders.com

Alternatively, the Serious Fraud Investigation Office of the Government of India may be a good starting point to report your concerns.

We have been made aware of fraudsters who have been placing advertisements with internet search engine providers to promote various fraudulent investments. The adverts link to fraudulent investment comparison sites and will prompt you to supply your name, telephone number and email address. Once this information has been provided, fraudsters posing as representatives of Schroders will then cold call and email bogus Schroders prospectuses and application forms with a view to taking payment for fraudulent investments.

If you have been approached regarding an offer in Fixed interest investments please contact us, these could be linked to fraudulent activity.

There has been an increase in scams where fraudsters may claim to represent Law firms, Government departments or even some say working at Schroders who are holding money for you from an unknown inheritance. You will be offered a service to file claims on your behalf for an upfront fee. Schroders would not contact you in this way and does not offer any such service.

Once a fraudster knows that you have lost money, there is an increased likelihood that you may be targeted again. A common secondary fraud is known as a ‘recovery scam’. This is where fraudsters approach investors who have previously been defrauded, offering to help them get their money back for an upfront fee. Schroders would not contact you in this way and does not offer any such service.

If you have been a victim of fraud or lost money on an investment, please be aware of the above fraudulent scams if you are contacted directly and asked to pay a fee or transaction charge before carrying out any services to recover any losses.

To read about protecting yourself against fraud, click here.

Otherwise you can contact our Financial Crime Prevention team via:

Telephone: +44(0)20 7658 4004

Email: abuse@schroders.com

If you suspect you have been a victim of fraud, we advise you to report it immediately to your bank who may be able to assist you in stopping or recovering funds. You can report fraud and cyber crime if you live in the UK to Action Fraud.

When you contact Schroders, we will investigate your suspicions and where possible take necessary steps to prevent others falling victim to the same scam.