1. Recent Fraudulent Activity

    A small number of individuals have been contacted by fraudsters claiming to represent Baillie Gifford. The fraudsters offered to process share transactions for investment trust holders and promoted fake investment opportunities using imitation literature, typically known as a ‘boiler room scam’.

    These cases have been reported to the financial regulator, the Financial Conduct Authority (FCA) and all existing and prospective customers are urged to exercise extreme caution.

    The FCA website provides excellent guidance on how to identify a scam, check credentials and report suspicious activity.