Boiler room scam advice

By: Newsroom Staff on 11 Jan, 2013 11:11

IT has come to our attention that recently a number of smaller shareholders have received unsolicited telephone calls concerning their investments in Celtic plc. Shareholders should be wary of any unsolicited advice.

Following a recent increase in the prevalence of so-called ´boiler room´ scams, the Financial Services Authority (FSA) and the Institute of Chartered Secretaries (ICSA) have produced a leaflet warning investors about unsolicited communications concerning investment matters, which is available in full by clicking HERE

Please note the following recommendations in particular if you receive any unsolicited investment advice:

- Make sure you get the correct name of the person and organisation.

- Check that they are properly authorised by the FSA before getting involved by visiting www.fsa.gov.uk/pages/register

- Report the matter to the FSA either by calling 0845 606 1234 or visiting www.fsa.gov.uk/pages/consumerinformation

- If the calls persist, hang up.

Further information and advice on scams, and how to protect yourself from them, can also be found on the Consumer Information section of the Financial Services Authority website at http://www.fsa.gov.uk/ and at http://www.adviceguide.org.uk/

We continue to encourage Celtic shareholders to be vigilant.

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