InvestUS

InvestUS Exit Strategy is a US property scheme that was billed as a “creative solution” to address the class divide created in the wake of 2008’s financial crisis and the mass foreclosures that followed.

The venture involved purchasing repossessed properties in Detroit, Chicago and Florida and renovating them so they could be rented out or sold on.

According to reports the promotional material aimed to deliver returns of 15% per annum over 3 years.

Some investors reported receiving the initial annual payment, however the payments to investors were seriously delayed when the scheme ran into legal difficulties.

Many people have become invested in high-risk investments like InvestUs through their SIPP, often on the advice of a Financial Adviser.

Before InvestUS Steven Wright co-founded Cherish Wealth Management who became FCA regulated in 2010 through its principal company Shah Wealth Management. Wright left the company in 2011.

Cherish Wealth are known to have recommended several high-risk investments to clients, including InvestUS. They also had a relationship with unregulated introducer company Avacade.

Both Cherish Wealth and Shah Wealth went into liquidation in 2016.

 

What can I do if I’ve been mis-sold?

If you think you’ve been mis-sold your pension or the investments in your SIPP, you’d be wise to get it checked out as soon as possible. Using a free check like the one we offer, is a good way to find out if you have a case and what to do if you have.

Call 0114 2664216 to talk to one of our Team or fill in the enquiry form to arrange a time for us to call you.

Important Information!

You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.

It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Compensation Scheme, whichever is applicable to your claim.

We will not make or pursue a claim, or advise you to, if we know or have reasonable grounds to suspect that the claim does not have a good arguable basis, and or is fraudulent or frivolous.