Investing4You (2026): Investor Losses, Fraud Charges and Recovery Options
Refundee can help people who invested in the Investing4You scheme ran by Declan Nowell to recover money from their bank.
The Investing4You case is an example of an investment fraud, where individuals were promised high returns from foreign-exchange trading but were instead drawn into a scheme that misrepresented account performance and licensing status. Cases of this type often involve misleading account dashboards, pressure to reinvest profits, and withdrawal delays before the scheme ultimately collapses.
Latest update: Investing4You fraud case developments (2026)
Recent legal developments have confirmed that the individual behind the Investing4You scheme has now pleaded guilty to fraud offences, following a multi-year police investigation into the collapse of the investment operation.
Authorities reported that more than 600 investors were affected, with total reported losses of approximately £9 million. Investigators found that the operation functioned as a Ponzi-style scheme, where funds from new investors were used to pay earlier participants while large amounts were diverted to fund personal spending, including luxury vehicles and property purchases.
The investigation also concluded that the company was operating without the required regulatory authorisation, meaning it was not legally permitted to offer investment services. The individual responsible has pleaded guilty to fraud charges and is awaiting sentencing, while a separate proceeds-of-crime investigation is ongoing to identify recoverable assets.
What to do if you have invested?
If you’ve been affected, it’s important to know you’re not alone. These situations can leave victims with nowhere to turn; however, we believe we can help.
We have spoken to victims of the collapsed investment scheme, and we have successfully recovered £250,000 for one of our clients.
We utilised our experience within UK banking regulations to represent our client in their complaint to their bank and then to the Financial Ombudsman, who successfully upheld the case.
Who can Refundee help?
If your bank is signed up to the Contingent Reimbursement Model (CRM) Code and you meet the criteria below, you might be able to claim your money back:
You made the payment from your UK bank account after the 28th of May 2019
Your payment was sent to another UK bank account
Check our list of participating banks to see if yours is signed up to the CRM code.
If you have invested from a UK bank account then Refundee may be able to help, you can Start Our Claim form on our website. We assist in managing your case from beginning to end, alleviating the stress of revisiting previous events. Our fees are transparent, competitive within the industry, and simply structured without hidden charges.
You don’t need to seek professional representation to argue your case. You have the right to represent yourself for free. Of course, this means that you don’t incur a fee if you are successful.
We have recovered over £110 million for our clients so far, with a proportion of this coming from cases similar to this. You can read more about our clients' experiences with us on TrustPilot.
How would the process work?
Refundee manages everything for you.
We begin with an investigation to understand what happened in your specific circumstances. After some paperwork, we handle your case from start to finish, working with your bank through to the Financial Ombudsman Service.
These cases can take around 6-12 months, although the process can vary in terms of duration.
Who are Refundee?
Refundee are fraud refund specialists, and you can read about what our previous customers have said about us on Trustpilot. We’ve recovered millions for fraud victims in the UK.
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
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Yes, the director, Declan Nowell has now been charged for fraud for running an unauthorised investment scheme.
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No, Investing4You was never regulated by the FCA. The Financial Conduct Authority has since issued a warning about the company.
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Yes, we believe we can recover investors funds through UK banking regulations. Refunds can depend on factors such as how investors paid. Refundee can help with the process.
