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Beware of cold callers offering fraudulent sales of shares in IKEA

The NFIB is warning about an investment fraud whereby fraudsters posing as brokers are cold calling the public and alleging to sell shares in IKEA [13 June 2014]

LandlineLandlineThe National Fraud Intelligence Bureau has become aware of an investment scam involving the fraudulent sale of non-existent shares in IKEA.

The fraudsters are claiming that IKEA is due to float shares on the stock market and potential investors are being offered to purchase IPO shares (Initial Public Offering) before the floatation. This claim is FALSE; IKEA is owned by a foundation to ensure longevity, and has no plans to be publicly listed.

To find out more about share fraud, commonly known as Boiler Room Fraud please click here.

If you think you might have been a victim of boiler room or share sale fraud, please report it to us here.