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Sports investment fraud & mis-selling FAQs

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Keller Lenkner UK is working with a range of partners, affiliates, and other organisations in the fight against investment fraud and mis-selling in sport. Our legal team is supporting a significant number of sports people who have been affected by this scandal, and we believe that those affected by investment fraud or mis-selling could be owed hundreds of thousands of pounds, if not more.

But what do you need to know about making a sports investment fraud or mis-selling claim? Here are some FAQs that we frequently get asked about making a claim.

What is this case all about?

Thousands of sportsmen and women have been targeted by unscrupulous financial advisors and banks, and many have lost fortunes due to financial scams or negligent advice. Victims are facing losses ranging from a few thousand to millions of pounds. Keller Lenkner UK is helping professional athletes who have fallen victim to financial scams and negligent advice to get their money back.

How would I know If I had been defrauded or mis-sold?

A professional sportsperson might have been mis-sold or defrauded if:

  • They have lost a significant amount of money in an investment, even if they saw an initial profit.
  • They were persuaded to invest into high-risk and exotic investments such as overseas property, wine, commodities, cryptocurrency or unlisted shares, and have lost money or can’t access their investments.
  • They were targeted by unscrupulous professional advisors because of their high-net-worth.
  • The negligence of their financial advisor has (or could have) made them worse off in life.
  • Their advisers failed to explain the risk, fees, charges and details of any investments recommended.

Will I have to pay to bring a claim?

You will only have to pay anything if you win. You will not have to pay anything upfront. Any payment would only come out of the money that we recover on your behalf. We will conduct the claim for you under a no-win, no-fee agreement. If you win, our fees will be deducted from your damages.

How much compensation could I get if I win?

Each case is different, but we believe that those affected by sports fraud could be owed hundreds of thousands of pounds, if not more, each.

Will Keller Lenkner UK work with my other professional advisors?

Yes. At Keller Lenkner UK we work with our clients’ accountants, new financial advisers, and agents to identify and combat fraud or mis-sold investments and to recover money.

Make a sports investment fraud or mis-selling claim with Keller Lenkner UK

With a deep understanding of, and extensive experience in fraud claims, our expert team has everything it takes to win. What’s more, the strength of our firm ensures that we never have to back down from a challenge. We also work with our clients’ accountants, new financial advisers, and agents to identify and combat fraud or mis-sold investments, and to recover money.

Advisors to politicians, sportspeople, sports agents, and clubs on sports fraud, we know what it takes to make a winning case.

We act on a strict no-win, no-fee basis, so, as our client, you will not pay us anything upfront.

Contact us at sportsfraud@kellerlenkner.co.uk with your details and our team will be in touch.

 

In February 2024, our firm changed its name from Keller Postman UK to KP Law.

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