InvestUS And Exit Strategy Claims Guide
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An investment in overseas property firm InvestUS (Or Real Estate Investments USA Plc) seemed like a dream pension opportunity for many UK investors.
People saw the apparent potential in buying up repossessed properties across various US locations, having them renovated and then letting and selling them on.
InvestUS brochure literature indicated that investors saving for their pension (usually through a SIPP – Self Invested Personal Pension) could look forwards to 15% returns in just 3 years – more when the money was re-invested into further properties, from Detroit through Florida and Chicago.
But…
Many investors reported that payments of returns had stopped – something appeared to be going wrong with InvestUS…
The property firm carrying out the developments were not completing the work they said they were, leading to a, indefinite delay in profits for investors…
Many people were mis-sold their InvestUS and Exit Strategy investments through SIPP pensions, and while many of those people have gone on to make successful mis-sold pension claims, others are yet to make their move.
Can You Claim For InvestUS Mis-Selling Compensation?
Several financial advisers and the FSCS have been paying out compensation for the mis-selling of InvestUS investments via SIPPs and SSASs for a few years, with Spencer Churchill Claims Advice often leading the claim on a No Win – No Fee* basis.
If you:
- Transferred your pension to a SIPP
- Invested in InvestUS, Exit Strategy or other high-risk investments
- Aren’t earning over £100k per year
- Aren’t a Sophisticated Investor
Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.
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Let’s rewrite your financial story
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.
We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.
InvestUS Timeline Of Events
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Company Formation
2013
Real Estate Investments USA PLC formed in April 2013 with Steven Wright as Director.Money is invested through cash investors in the UK, as well as through SIPP pensions.
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Celebrity Endorsements
2016
Investors began to report missing payments, and Wright found that the company paid to carry out the house refurbishments had not completed the work it said it had.
InvestUS won the law suit against Right Buy Properties, who were ordered to pay InvestUS in the form of 79 properties.
Despite this, the delays in payments to investors continued.
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Cherish Wealth Management
2016
Meanwhile in 2016, Cherish Wealth Management, and financial adviser related to the InvestUS SIPP saga went into liquidation.
Steven Wright was also a former director of Cherish, but denied a conflict of interest.
InvestUS Related Claims
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.
Have you been a victim of financial mis-selling?
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.
Spencer Churchill Claims Advice featured on:
Spencer Churchill Claims Advice Will:
- Speak to you in plain English
- Provide you with a dedicated claims specialist
- Pay attention to the small details of your case
- Keep you up to date with the status of your claim
- Make sure you understand our charges
- Do absolutely everything we can to win your claim
How does our claims process work?
With millions of mis-sold pensions reported, it’s worth finding out if you can get your money back. Here’s how our simple process works:
What types of claims do we handle?
Find out how much you could claim today
Ready to take the next step? We’re here with clear, no-pressure advice. Give us a call today to find out if you have a valid claim
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