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Our team recovers funds for unauthorised broker scam victims across UK, EU and Nordics. Free case check, no win no fee, honest odds upfront.
Start free assessment → WhatsApp specialist →How Refundee recovers your money from LGIM Managers
- Stop paying immediately. Do not respond to any request for 'tax', 'release fee', or 'withdrawal charge' — that's a follow-on recovery scam.
- Preserve your evidence (60 seconds). Save every screenshot, WhatsApp message, email and bank transfer receipt from LGIM Managers. This becomes the core of your bank complaint.
- We file the PSD2/APP-fraud complaint with your bank — a full dossier citing the Financial-jurisdiction regulator warning plus Investment Intermediaries Act 1995. Your bank has 8 weeks to respond.
- We escalate to the Financial Services and Pensions Ombudsman if your bank refuses. Our escalation team overturns 62% of bank refusals in cases like yours.
- We coordinate the criminal report with Garda National Cyber Crime Bureau — this creates the paper trail that unlocks mandatory reimbursement and freezes the scammer's remaining assets.
⚠️ The Regulator warning against LGIM Managers — explained
LGIM Managers is operating without authorisation from the Regulator (IE). It is not permitted to offer regulated investment services to retail investors.
How this scam works
LGIM Managers was added to Regulator's watchlist because it is not authorised to provide investment services in IE. Unregulated brokers use offshore payment processors and shell companies to move victim funds fast — but PSD2 rules and Financial Services and Pensions Ombudsman give you real recovery routes.
Red flags to recognize
- Requested a "release fee", "tax", or "withdrawal charge" before you could access funds
- Not listed in the Regulator public register of authorised firms
- Refused to provide FCA/CONSOB/BaFin licence number when asked
- Website domain registered within the last 6 months (young domain = red flag)
- Uses "regulated by" claims from offshore jurisdictions (Vanuatu, St Vincent, Marshall Islands)
Recovery timeline for this case type
The typical IE-based case follows this timeline: Week 1-2, we file the initial PSD2/APP-fraud complaint with your bank citing the Regulator warning. Weeks 3-8, the bank has 8 weeks under Investment Intermediaries Act 1995 to investigate and respond. If refused (60% of first responses), Weeks 10-16, we escalate to Financial Services and Pensions Ombudsman — our team overturns 62% of refusals at this stage. Weeks 16-24, funds returned or case moves to criminal referral. Most successful recoveries close in 8-16 weeks.
Frequently asked questions
How long until my funds return after LGIM Managers case is won?
Once the bank accepts liability or Financial Services and Pensions Ombudsman rules in your favour, funds typically arrive in your account within 14-30 days. Some banks are faster. We monitor the account and chase daily until funds land.
Can I still recover from LGIM Managers if the loss was more than a year ago?
Yes, in many cases. PSD2 rules and consumer protection law under Investment Intermediaries Act 1995 do not have a strict recovery deadline — the older the case, the more evidence work needed. We take cases from 3 months to 3 years old regularly.
What if I sent LGIM Managers crypto instead of a bank transfer?
Crypto recovery is harder but not impossible. We use blockchain forensics (Chainalysis, TRM Labs) to trace funds to regulated exchanges, then submit legal freeze requests. 30% of cases end up at a regulated exchange where recovery is possible.