Professional sportspeople put their body and soul into becoming the best they can be. So, when something goes wrong, it can be devastating. Injury and other career setbacks are well understood by athletes, but there is another challenge that is not as well known – that of sports investment fraud.
The experts at Keller Postman UK share five things you should know about sports investment fraud and mis-selling.
Thousands of sportsmen and women have put their trust in the wrong people – sometimes losing millions as a result. Persuaded to invest in risky, unregulated, and unsuitable investment schemes involving wine, movies, property, or other such ventures, promises of big returns failed to materialise with devastating consequences. And football fraud is all too common.
Many sportsmen and sportswomen in England & Wales have been defrauded by unscrupulous financial advisors and banks – often losing fortunes as a result. At