TR

Best Bond Rates Scam Warning: FCA-Listed Fake Bond Site

Savun Law & Consultancy · Updated 2 November 2026

Best Bond Rates Scam Warning: FCA-Listed Fake Bond Site

Best Bond Rates presents a comparison table to people looking for fixed-rate bonds that pay more than banks do. It is a website that the UK financial regulator, the FCA, added to its list of unauthorised firms in June 2026. The comparison-site look serves as an intermediary that draws money straight into the scammers' account.

In short: Best Bond Rates is not authorised in Türkiye by the Capital Markets Board (SPK). It has appeared on warning lists as a cover for collecting investments with promises of fixed-income bonds and deposit products. Payments of this kind can be traced, and there are legal routes for claiming the money back.

🧾 How the Bond Comparison Cover Works

In schemes of this kind, a user reaches a "best rates" table through an advert or a search result and fills in a contact form. Someone then calls, claiming to represent a well-known bank or investment firm.

  • Official-looking application documents are sent for a fixed-term bond.
  • Payment is requested to the account of a third person or company, not the institution itself.
  • At maturity, a "tax" or "early redemption" fee is demanded instead of the principal being paid out.

🔍 Official Warnings and Domain Details

On 3 June 2026 the FCA published an unauthorised financial services warning for bestbondrates.co.uk, and the Norwegian supervisory authority added the same warning to its own list the same month. The domain was registered on 5 June 2025, and by the end of October 2026 the site was not responding. In Türkiye, bond sales or intermediation can only be carried out by firms authorised by the SPK; unauthorised activity is a criminal offence under Article 109 of Capital Markets Law No. 6362.

🔗 Other Platforms Using the Same Method

We have also added to our archive other schemes run under the look of a savings and bond rate comparison.

🧭 The Legal Process for Victims

  1. For transfers sent abroad, recalling a SWIFT transfer is a time-sensitive possibility.
  2. Against the holders of the accounts the money reached, an unjust enrichment claimTR comes into play.
  3. For collection, an asset investigationTR is carried out.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Is Best Bond Rates a bank?

No. It is a website that presents itself as an interest rate comparison service and has no permission from any financial authority.

The bond document I received carries the logo of a real bank. Is that enough?

Logos and letterheads are easily copied; a payment account that is not in the institution's own name is a clear sign of this scheme.

I was asked to pay tax at maturity. Is that normal?

With real bonds, tax is deducted from the return. A demand for advance payment to release the principal is the typical final stage of these schemes.

I sent money through Best Bond Rates. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

3 attorneys registered with the Istanbul Bar Association · verifyGoogle 4.8 ★ · 123+ reviews · seeOffice in Istanbul · English-speaking team · about us
Attorney Veli Savun

Questions & answers · Istanbul Bar Association 75235

Lost money to this platform? Ask our lawyer.

Write your question and Attorney Veli Savun will answer it on this page. You do not need to give your name.

Example questions — tap one and adapt it to your situation:

About your personal data

Savun Law & Consultancy processes your question or comment in order to publish and answer it. If you tick the contact box, your phone number is used only to contact you (Turkish Personal Data Protection Law No. 6698, Art. 5/2-c and f). Your nickname and text are published; your phone number, IP address and the uncleaned version of your text are not. Contact records are deleted within 12 months at the latest. You may exercise your rights under Art. 11 by contacting our office.

Answers are general information only; they do not create a lawyer–client relationship and are not legal advice on your specific case. All questions & answers →

This page is an English adaptation of our Turkish article Best Bond Rates (bestbondrates.co.uk) Sahte Tahvil Faizi Yatırım Dolandırıcılığı.

More from Forex & CFD Broker Scams

All articles in this section →

WhatsApp