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Emerging trend in investment scams involving storage space

The National Fraud Intelligence Bureau (NFIB) have identified a trend in consumers being targeted for investment opportunities in physical storage space.


A new commodity is being offered as an investment to members of the public, this new commodity is storage space. The method used by fraudsters is very similar to that of a boiler room scam.

Common features include members of the public being:

  • Cold called by forceful sales personnel offering an opportunity to invest in storage space.
  • Promised a high return on their investment for a worthless or non-existent investment.

Members of the public should be aware of the following:

  • Callers often offer further investment opportunities which they also claim reap high returns.
  • Additional investment opportunities typically (although not exclusively) relate to carbon credits, gold, wine, rare earth metals and nanotechnology.
  • Post investment the consumer will often find it difficult to contact the investment company to discuss their investment or reap any financial returns.
  • Some consumers may receive initial dividend payouts but in the long term the investment may result in substantial financial loss.

To report a fraud and receive a police crime reference number, call Action Fraud on 0300 123 2040 or use our online fraud reporting tool.

Related links

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Investment fraud – Some things just aren’t worth the risk

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