Fraud and Misrepresentation Claims
Were you misled or deliberately deceived when purchasing a financial product?
If so, you may be eligible to claim compensation.
Claiming for Fraud and Misrepresentation
If you entered into a financial agreement based on false or misleading information, it may have been misrepresented, or in more serious cases, fraudulent. Either way, you may have the right to challenge the agreement and claim compensation for your losses.
That’s where we come in.
Claim My Loss is run by qualified solicitors with experience in financial misrepresentation and fraud claims. We examine the facts to uncover whether key details were misrepresented, intentionally or not, and help you take the next step.
You don’t have to prove fraud yourself. We investigate on your behalf and act in your best interests.
Fraud and misrepresentation claims typically arise from:
- False promises or exaggerated product benefits
- Concealed risks or misleading terms
- Fake guarantees of safety or returns
- Pressure to act quickly without full understanding
- Key facts being withheld at the point of sale
These actions may have been taken by:
- Advisers or brokers recommending unsuitable products
- Firms disguising poor investment performance
- Salespeople making untrue statements to secure a deal
- Providers failing to correct misleading assumptions
- Individuals knowingly hiding risks, fees or conflicts of interest
A successful claim for fraud or misrepresentation may result in:
- Your agreement being set aside
- Recovery of any financial loss
- Reimbursement of fees, interest or charges
- Additional damages in serious or deliberate cases
If you were misled into making a financial decision, we can help uncover what went wrong and take steps to put it right.
Fraud and Misrepresentation FAQs
What’s the difference between fraud and misrepresentation?
Fraud involves deliberate deception. Misrepresentation may be innocent, negligent or fraudulent – but in all cases, you made a decision based on false or misleading information.
What are examples of misrepresentation or fraud?
Common examples include:
- Being promised “guaranteed” investment returns
- Being told a pension transfer carried no risk, when it did
- Hidden charges or fees not disclosed at the point of sale
- Mortgage or finance products mis-sold under false assumptions
How do I know if I have a valid claim?
We usually need to show:
- You were given misleading or false information
- You relied on that information to make a decision
- You suffered financial loss as a result
What should I do if I suspect fraud or misrepresentation?
It’s always worth getting expert advice. We can assess the facts and help you understand whether you have a valid claim — and what action to take next.
How can it affect you?
Fraud or misrepresentation can have a lasting impact on your financial situation, plans, and peace of mind. You may have:
- Lost part or all of your pension or investment savings
- Been locked into a costly car finance or mortgage deal you did not fully understand
- Been misled into taking on more risk than you were comfortable with
- Paid hidden fees or commissions that were never disclosed
Even if the product seemed legitimate at the time, if you were misled into buying it, the agreement could be challenged — and you may be entitled to compensation.
Making a fraud or misrepresentation claim
At Claim My Loss, we make it straightforward to find out if you have a valid claim — and connect you with expert legal support to take things forward.
We have successfully helped over 600 clients gain the
compensation or redress they deserved.
How it Works
If you are concerned your financial adviser, pension, investment, car finance or other financial services product may not have been right for you, then you may be able to make a claim for compensation or redress. The process for making a claim typically involves the following steps:
1. Online Sign Up or Phone Consultation
We know financial claims can be complex and intimidating, so we’re here to help you every step of the way. Use our handy claims calculator or ask our AI assistant any questions you may have. You always have the option to talk to one of our claim experts if you prefer.
2. Getting the Evidence together
Don’t worry if you don’t have all your documentation. As regulated solicitors, we can chase in all the documentation relating to your claim from the providers involved, such as contracts, statements, and communications. All you have to do is appoint us to collect this information on your behalf.
3. Submit your Complaint
We will value your claim and then submit a claim to the Financial Services Compensation Scheme or raise a formal complaint to your pension provider, financial adviser, car finance provider or business energy adviser outlining the reasons why we believe you are entitled to compensation or financial redress.
4. Await response
We will provide regular updates and chase your claim through to a final response - you can also check our progress via our online portal. If we are unhappy with the response, we will pursue a claim through the Financial Ombudsman Service or if required escalate your claim to a formal tribunal which means representing you in court.
5. Acceptance of Offer
Once you are satisfied with the level of compensation or financial redress, we will claim the reward and distribute the funds to you via our client account. Claims are often complex and can take time to reach a conclusion. We will always work to achieve the maximum level of compensation or financial redress as quickly as possible.
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