Fraud Alert: L&Q hit by investor scam

Major development association L&Q has launched an investigation after closing a fake investment opportunity in the business.

The housing association disclosed that it had learned of a fraudulent document and website using its name and claiming to be advertising an L&Q investment opportunity.

In a statement, L&Q said: “We can confirm that neither the document ‘L&Q Bond 2020/21 investment guide’ nor the linked website are genuine”

The organisation urged anyone who receives the document, or is in contact with those responsible for it, to report it to the City of London Police Action Fraud unit.

The fake website has now been taken down.

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