Fraud prevention

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Protecting yourself from scammers and fraudulent communications 

Scams have unfortunately become more commonplace, and the FCA has published useful guidance for shareholders on how to protect yourself. You can find it online at: https://www.fca.org.uk/consumers/protect-yourself-scams  

We would suggest you also consider these useful tips to spot potential communications from scammers: 

• scammers will usually call out of the blue, but contact can also come by email, text, or post; 
• always be wary if you are contacted unexpectedly, pressured to act quickly, or give personal financial details, or promised returns that sound too good to be true; and
• never give out financial information, including details of your investments, account, or credit card details, unless you are certain who you are dealing with.

Where can you get more information? 

For more advice on the basic steps that everyone can take to avoid financial scams, you may wish to visit the websites of the following organisations: 

• Money Advice Service: https://www.moneyadviceservice.org.uk/en/categories/scams  
• Action Fraud: https://www.actionfraud.police.uk/ (where any affected individuals can also report details to the national reporting centre for fraud and cybercrime).
• Take 5 to Stop Fraud: https://takefive-stopfraud.org.uk/

If you have a financial adviser, you may wish to contact them for further guidance on financial scams and how to avoid them. If you have any further questions about your investment in the ProVen VCTs, please call Beringea on 020 7845 7820, visit the ProVen VCTs website (https://www.provenvcts.co.uk) or contact Beringea at info@beringea.co.uk