GAM Anti-Fraud Statement
GAM Investments does not partake in cold calling or send unsolicited messages or emails to clients or members of the general public. GAM only contacts people from official gam.com e-mail addresses and does not use whatsapp to solicit investment from members of the general public.
- GAM Investments is committed to ensuring that clients, employees and vendors are protected from fraudulent activities. Fraud is defined as the deliberate use of deception or dishonesty to disadvantage or cause loss (usually financial) to another person or party. Fraud is an issue that companies may face regardless of size, industry or country.
- Fraudulent activities are usually conducted through the use of fake websites and e-mails or references, or through fabricated business relationships with GAM Investments and usually aim to extract personal data that can be manipulated for the use of financial crimes.
- GAM Investments encourages clients to be aware of the different types of fraud and to exercise caution when disclosing personal information.
- If you have queries or concerns about any marketing or activity that purports to be from GAM Investments please contact us via email at info@gam.com or speak to us by calling +353 (0) 1 609 3927.
Fraud Awareness
- Exercise caution! Don’t be pressured into acting quickly when being contacted by someone purporting to act on behalf of a financial institution.
- Never give out your account details unless you are certain of who you are dealing with.
- Check the FCA Register to see if the firm is registered. People can be victims of fraud through the subscription of non-existent investments. Always access the Register from the website https://register.fca.org.uk/s/
- Be hesitant before clicking links in emails or texts.
- Double-check the URL and contact details of a firm in case it’s a ‘clone firm’ pretending to be a real firm, such as your bank or a genuine investment firm.
- Please see guidance from the FCA https://www.fca.org.uk/consumers/protect-yourself-scams
Fraud Awareness Red Flags
- The caller cold calls you and tries to rush you into parting with your money.
- Emails are written in an unprofessional manner with many spelling mistakes and do not appear to be from an official company email address.
- The person contacting you is unwilling to give you details of who they are, who they work for and why they are contacting you.
- You can not find their company on the FCA register.
- The person guarantees the investment will perform in a certain way. All investments have elements of risk.
- The investment strategy is highly complex so that you can not reasonably be expected to understand the nature of the investment.
- There is no documentation or prospectus provided.
Recent Fraudulent Solicitations
Types of Fraud
Fake Websites
These fraudulent websites replicate large parts of our website and are attempting to convince investors that they are very similar organisations to GAM Investments. They use very similar layouts to our website and photos of our employees. These sites are potential investment scams and unrelated to GAM Investments.
Boiler Room Scams
A boiler room is a place, usually a call center, where salespeople call lists of potential investors to push speculative, sometimes fraudulent, securities. High pressure tactics are usually utilised.
Bogus Funds
Bogus funds have the same or similar name to existing and genuine funds from authorised companies. However, these funds are not real and will leave investors being defrauded.
Investment Fraud
Investment fraud occurs when investors make purchases or sale decisions on the basis of false information.
Phishing
Individuals purporting to be from trusted entities will attempt to illicit sensitive personal information in order to use that data for fraudulent purposes such as account takeovers and identity fraud.