A social media influencer has recently launched an online scheme aimed at his followers seeking to make money quickly. However, Gurvin Dyal of Ilford, Essex, was previously involved in promoting an investment opportunity that resulted in investors experience combined losses over £3.5 million.
Britons interested in participating in investment schemes often seek out the opinion of a financial advisor in Chester, London and other major cities. As independent financial experts, wealth managers can assess the legitimacy of an opportunity and provide an impartial view of whether an investment is worthwhile. They can also explain the levels of risk and potential returns involved in the schemes that they study.
The previous investment scheme promoted by Dyal, took place back in 2020, and was featured on a television documentary by the BBC.
Entitled “Scam City: Money, Mayhem and Maseratis” the report claimed that the influence had assured his UK investors that was acting as an authorised trader and promised guaranteed profits of as much as £300 a day.
In the documentary, a victim who was employed as a systems accountant invested £17,000 worth of his savings and was left with only £48 by the end of the scheme.
Dyal offered trading services through his company GS3 Trades. The firm was not regulated by the FCA, and the influencer was not licensed to trade. After investigation, it was discovered that the investments were being managed by another company registered in the Bahamas and Dyal was not prosecuted by the police.
