Fraud and scam prevention warning

Important notice

Financial investment scams and fraudulent behaviour is on the rise now more than ever. It is important to stay vigilant and protect yourself from any suspicious activity as scammers are becoming increasingly more sophisticated. 

Downing will do everything we can to ensure our customers and business partners are safe from potential scams.

Known issues

Goldcrest Renewables

Downing LLP has become aware of a potential investment fraud being made in the name Goldcrest Renewables, a dissolved subsidiary of Downing LLP. Downing LLP has no association with this offer and condemns any cold calls whether for fraudulent gain or otherwise.

We are aware the telephone number 0203 918 6047 has been provided in connection with this scam, and contact email of

If you don’t recognise a business or individual that has contacted you, or you become suspicious, you should not disclose any personal information or act on any direction given during or after such calls.

To verify the identity of a UK regulated firm you should ask for their Firm Reference Number and contact details. Should you consider it appropriate to contact the firm, you should only do so using the contact details provided for the firm on the Financial Conduct Authority’s Register.

Those intent on committing fraud will use various tactics and methods of intimidation in order to obtain money by deception. If you have been scammed or contacted by an unauthorised firm, please report the matter to the police, the Financial Conduct Authority and Action Fraud.

EIS scam

Downing LLP been made aware of a fraudulent firm using EIS to claim false tax reliefs.

To avoid being a victim of fraud, we strongly recommend that:

  • you only give your HMRC gateway login details to your trusted advisers, and
  • carefully check your tax returns before submission and be alert to any tax reliefs that are being claimed.