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Active Pension Investment Limited (Clone)
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Caution Investors Active Pension Investment Limited (Clone) and/or API (Clone) – Operating as an investment firm/investment business firm in the State in the absence of appropriate authorisation.
Overview
Active Pension Investment Limited (Clone) and/or API (Clone) is a fraudulent entity that claims to be an investment firm/investment business firm in Ireland without having the proper authorisation from the Central Bank of Ireland. This entity has been cloning a legitimate entity and using fake email addresses to deceive consumers and sell them a bogus investment product. In this review, we will examine the regulation and compliance, customer reviews, products and services, location, customer service, and conclusion of this scam entity.
Regulation and Compliance
Active Pension Investment Limited (Clone) and/or API (Clone) is not authorised by the Central Bank of Ireland to provide any investment services or products in Ireland. The Central Bank of Ireland issued a warning notice on 25 Sep 2023 to alert the public about this unauthorised entity and its fraudulent activities. The warning notice can be found here: https://www.centralbank.ie/news/article/warning-notice-central-bank-of-ireland-issues-warning-on-unauthorised-firm-fraudulent-entity-clones-central-bank-of-ireland-authorised-firm-active-pension-investment-limited-22-sep-2023
The Central Bank of Ireland advises consumers to check its registers before dealing with any financial service provider to ensure that they are authorised and regulated. Consumers who have been contacted by Active Pension Investment Limited (Clone) and/or API (Clone) or have any information about this entity are urged to contact the Central Bank of Ireland immediately.
Customer Reviews
There are no genuine customer reviews for Active Pension Investment Limited (Clone) and/or API (Clone) as this entity is not a real investment firm/investment business firm. However, there are several complaints and reports from consumers who have been scammed by this entity or have received unsolicited emails from it. Some of the complaints and reports can be found on the following websites:
– https://www.scamwatch.ie/scam-alerts/active-pension-investment-limited-clone-andor-api-clone
– https://www.trustpilot.com/review/www.activepensiongroup.com
– https://www.consumerhelp.ie/scams
The common theme among these complaints and reports is that Active Pension Investment Limited (Clone) and/or API (Clone) has been using fake email addresses, fake websites, fake documents, and fake testimonials to lure consumers into investing in a non-existent product called ‘API Active Pension Investments – Low-risk bond recommendations – Government & Corporate’. The consumers who have invested in this product have either lost their money or have been asked to pay more fees or taxes before receiving their returns. The consumers who have not invested in this product have been harassed by phone calls or emails from this entity.
Products and Services
Active Pension Investment Limited (Clone) and/or API (Clone) do not offer any legitimate products or services. The only product that this entity claims to offer is ‘API Active Pension Investments – Low-risk bond recommendations – Government & Corporate’, which is a fake investment product that does not exist. This product is supposed to be a portfolio of low-risk bonds issued by governments and corporations around the world, with high returns and guaranteed capital protection. However, this product is nothing but a scam designed to defraud consumers of their money.
Location
Active Pension Investment Limited (Clone) and/or API (Clone) do not have a physical location or address. The website address that this entity uses, www.activepensiongroup.com, is not registered to any company or organisation. The website itself is poorly designed, contains grammatical errors, lacks any information about the entity or its products, and uses stock images and fake testimonials. The website also does not have any security features, such as SSL encryption or privacy policy.
The email addresses that this entity uses are also fake and do not belong to any legitimate company or organisation. The email addresses include:
These email addresses are either free email providers or domains that are not registered or active.
Customer Service
Active Pension Investment Limited (Clone) and/or API (Clone) do not provide any customer service or support. The only way to contact this entity is through the email addresses mentioned above, which are either unresponsive or used to pressure consumers into investing in the fake product or paying more fees or taxes. There is no phone number, fax number, live chat, or social media account for this entity.
Conclusion
Active Pension Investment Limited (Clone) and/or API (Clone) is a scam entity that pretends to be an investment firm/investment business firm in Ireland without having the proper authorisation from the Central Bank of Ireland. This entity has been cloning a legitimate entity and using fake email addresses to deceive consumers and sell them a bogus investment product. Consumers should avoid dealing with this entity and report it to the Central Bank of Ireland if they have been contacted by it or have any information about it.
