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InvestUS And Exit Strategy Claims Guide

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An investment in overseas property firm InvestUS (Or Real Estate Investments USA Plc) seemed like a dream pension opportunity for many UK investors.

People saw the apparent potential in buying up repossessed properties across various US locations, having them renovated and then letting and selling them on.

InvestUS brochure literature indicated that investors saving for their pension (usually through a SIPP – Self Invested Personal Pension) could look forwards to 15% returns in just 3 years – more when the money was re-invested into further properties, from Detroit through Florida and Chicago.

But…

Many investors reported that payments of returns had stopped – something appeared to be going wrong with InvestUS…

The  property firm carrying out the developments were not completing the work they said they were, leading to a, indefinite delay in profits for investors…

Many people were mis-sold their InvestUS and Exit Strategy investments through SIPP pensions, and while many of those people have gone on to make successful mis-sold pension claims, others are yet to make their move.

Can You Claim For InvestUS Mis-Selling Compensation?

Several financial advisers and the FSCS have been paying out compensation for the mis-selling of InvestUS investments via SIPPs and SSASs for a few years, with Spencer Churchill Claims Advice often leading the claim on a No Win – No Fee* basis.

If you:

  • Transferred your pension to a SIPP
  • Invested in InvestUS, Exit Strategy or other high-risk investments
  • Aren’t earning over £100k per year
  • Aren’t a Sophisticated Investor

Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.

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InvestUS Timeline Of Events

  • Company Formation

    2013

    Real Estate Investments USA PLC formed in April 2013 with Steven Wright as Director.Money is invested through cash investors in the UK, as well as through SIPP pensions.

  • Celebrity Endorsements

    2016

    Investors began to report missing payments, and Wright found that the company paid to carry out the house refurbishments had not completed the work it said it had.

    InvestUS won the law suit against Right Buy Properties, who were ordered to pay InvestUS in the form of 79 properties.

    Despite this, the delays in payments to investors continued.

  • Cherish Wealth Management

    2016

    Meanwhile in 2016, Cherish Wealth Management, and financial adviser related to the InvestUS SIPP saga went into liquidation.

    Steven Wright was also a former director of Cherish, but denied a conflict of interest.

Do you know how people complained about mis-sold investments and pensions in the last year?

A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.

People receive poor financial advice every day. Sometimes they don’t even realise that they’re owed whopping amounts of compensation.
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Have You Been A Victim Of Financial Mis-Selling?

Answer a few questions and find out if you have good grounds to make a financial compensation claim:

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Were you told to invest all, or most, of your savings into a single product?

Reaching out for help is never easy,
especially if you’ve been misled in the past.

But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.

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Spencer Churchill Claims Advice Will:

  • Speak to you in plain English
  • Provide you with a dedicated claims specialist
  • Pay attention to the small details of your case
  • Keep you up to date with the status of your claim
  • Make sure you understand our charges
  • Do absolutely everything we can to win your claim

Speak to an expert today

We have decades of experience in helping people claim back money that is rightfully theirs. Whether you want to make a mis-sold pension claim, have questions about a mis-sold investment, or you’re just looking for some advice you can trust – we’ve got you covered. Reach out to our team today for a no-obligation, completely free chat. 

Call: 01204929929

Office Hours:

Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed

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