Investors in Whisky Scotland bonds on London Court’s ‘My Investment Hub’ platform are being cold called or emailed by individuals falsely claiming to be able to assist investors in recovering their money, the FCA has warned.

This is the second time that clients who purchased investments through London Court Limited have been targeted by scammers.

The watchdog said: “Investors should remain alert to the possibility of fraud and should remain vigilant if unauthorised firms contact them offering to help get back investments for a fee.

“We recommend investors review the information on our website, through ScamSmart, to help protect people from scams.”

The FCA has previously placed restrictions on London Court Limited to stop it from conducting regulated activities for either new clients or new investments.

The firm, based in Kensington Church Street in London, can provide bond administration and ISA management services to existing clients and investments they already hold, the FCA said.

The regulator said: “We are concerned that London Court Ltd has inadequate systems and controls in place to ensure investments on its My Investment Hub platform are compatible with the needs of the clients to whom investments are distributed.

“We have reviewed investments on the My Investment Hub platform and have serious concerns over the level of due diligence London Court Ltd has conducted.”

London Court was incorporated on 10 January 1989 and has been authorised since 1 December 2001. It provides bond administration and ISA management services for several investments via its platform.