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ABC Bond investment claims

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The ABC bonds are now in administration, and more to the point, may have been mis-sold to many investors who may now be able to make a claim.

  • Did you receive a Cold Call about your pension?
  • Did you then transfer into a SIPP pension to invest in ABC?
  • Were you advised that his was a high-risk investment?
  • Were you assessed for your suitability?

The ABC bonds were always a high risk investment, and while the money was supposed to be used to purchase, renovate and realise properties for profit” and sounded good, now both the UK sides of the investment are in administration.

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Timeline of events: ABC Bonds

  • Alpha Business Centres

    2012

    ABC Alpha Business Centres UK Limited is formed, setup to purchase and renovate property to turn a profit.

    Best Asset Management Ltd is listed as a director.

  • Best asset resigns

    2016

    Best Asset Management resigns on the 14th July 2016

  • Administration

    2017

    A notice placed in The Gazette states that the firm has entered administration on 20 Jan 2017.

  • Progress report

    2018

    In August 2018, the administrators released a progress report. It detailed how Best Asset Management Limited ‘were to seek legal advice’ in regards to retrieving funds, and how a criminal case for embezzlement had commenced against Mr Imran Karim (director and shareholder), in Dubai.

How could the ABC Bonds have been mis-sold?

As they are high-risk investments, IFAs have rules to follow when recommending them.

If you don’t fit the descriptions below, you may have been mis-sold…

Do you know how people complained about mis-sold investments and pensions in the last year?

A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.

People receive poor financial advice every day. Sometimes they don’t even realise that they’re owed whopping amounts of compensation.
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Have you been a victim of financial mis-selling?

Answer a few questions and find out if you have good grounds to make a financial compensation claim:

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Were you told to invest all, or most, of your savings into a single product?

Reaching out for help is never easy,
especially if you’ve been misled in the past.

But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.

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Find out how much you could claim today

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