If you couldn’t pass up the opportunity to invest your SIPP in a Spanish Vineyard, you’re not alone. Many UK investors have fallen victim to the Los Pandos investment, and few were experienced with such investments. The Los Pandos investment scheme was considered a high-risk venture, meaning it was unsuitable for inexperienced pension investors. This didn’t stop some sellers from convincing individuals to invest their hard-earned pension money.
If you think you were mis-sold your Los Pandos investment, you may be eligible to claim. We could help you claim for your Los Pandos investment and the finances you may have lost in the process. To begin the process, simply contact our claims management team today.
What was the Los Pandos investment scheme?
Los Pandos was a popular vineyard investment scheme offered to thousands of UK investors. Located between the Spanish cities of Alicante and Valencia, the 80-hectare vineyard was advertised as “an ambitious 10-12 year project and a blueprint for sustainable, responsible development in the future.” However, that certainly was not the case.
Where did the Los Pandos investment go wrong?
It’s no surprise the sustainable investment was deemed desirable. Promoted as a low-risk investment with big returns, most investors thought the opportunity was too good to pass up. Potential returns of 39% from a sustainable, clean investment sounds incredibly promising. However, the complexity of the investment meant it should have only been offered to the most experienced of investors and not those looking for a casual pension investment. Although a legitimate project, the Los Pandos investment scheme was ultimately unreliable meaning many investors lost their money.
Los Pandos was not regulated (or covered) by the Financial Conduct Authority (FCA) making it a struggle for many investors to get their money back. But that’s where we come in.
Were you mis-sold your Los Pandos investment?
There are often telltale signs when it comes to mis-sold pension investments. These can range from simply not being provided with the full picture to being deprived of the opportunity to shop around for other investments.
If you’re not sure whether you were mis-sold your Los Pandos investment or another similar investment, we’ve outlined what counts as a mis-sold investment to help you get started. You can also get in touch with us to find out more.
SIPPs like Los Pandos are considered riskier than other types of savings as they rely on the success of the project. Thankfully, the Financial Services Compensation Scheme (FSCS) has set aside £100 million to pay compensation for investments gone wrong – just like the Los Pandos investment.
Get started with your Los Pandos claim
Like we have said, the majority of Los Pandos investors were not prepared for the level of risk involved and had minimal experience in the investing world. We want to help you set up a strong compensation case so that you can recoup your investment.
How do I claim for Los Pandos investments?
Contact us today to get started with your Los Pandos claim. Our specialist team is experienced in helping pension investors like you make a claim for lost investments – it’s what they do! When you claim with Expert Pension Claims, rest assured you’re in safe hands.
We offer free and no-obligations consultations to all callers, so get in touch today. You can use the form on this page, or give us a call on 0161 9680 0768.
