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Brisa Investments Plc

Brisa Investments Plc

If you invested all or part of your pension or savings in Brisa Investments PLC, we at Beat the Banks would like to hear from you. We have come across many instances of unregulated advisors promoting investment in this scheme, which was centred on overseas properties, in particular a condominium project in Brazil. Needless to say, the promised yields turned out to be well wide of the mark.

Brisa Investments, and several other organisations, were heavily recommended by advisors from Cherish Wealth Management. The scenario was an all-too familiar one; pension holders were keen to find a way of enhancing their savings in order to obtain a more comfortable retirement and to leave a little more behind for their loved ones, so they sought a scheme that they could trust.

Along came advisors, many of them unqualified and unregulated, promising greater returns than they could possibly have imagined. Exotic locations were showcased, superb yields were promised and the potential risks were kept rather low-key. For the investor, surely nothing could go wrong. As we all know now, the whole scheme went horribly wrong.

The resultant fall-out has led to a significant number of compensation claims, most of which have been upheld. The Brisa Investments scheme is just one of several recommended and promoted by Cherish Wealth Management, a small company that has been responsible for hundreds of claims in recent times. Many of these cases have been or are being heard by the Financial Services Compensation Scheme (FSCS).

A gamble that wasn’t worth taking

As with all such cases, at the beginning of the timeline there’s a well-meaning man or woman who simply wanted to make the most of their savings in order to enjoy their retirement. It’s tragic that so many ordinary people were hoodwinked into a scheme that, with hindsight, seems far more of a gamble than it ever needed to be. By the time those investors learned their lesson, it was all far too late.

Many investors were naïve enough to trust the advice they were being given, perhaps not realising just how much commission was being paid to the advisor. They were told that schemes such as Brisa Investments could be trusted, but of course, advisors had a strong motivation to say whatever needed to be said in order to get people to sign on the dotted line.

Many of the companies involved in schemes like this have folded, and those who offered advice have moved on to other roles, but the people who invested are left with nothing but disappointment. Here at Beat the Banks, we work hard to find the justice these men and women deserve, so if you lost money via Brisa Investments, you need to be speaking with our friendly, understanding specialists.

It’s not easy to pick yourself up again after such a major disappointment, but you could be due compensation for your loss. One conversation with our team could be all that’s needed to start the ball rolling, so please use the online contact form or call 0800 193 1234 today.

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