Please be advised that we have recently intercepted a fraudulent request. In this case a letter was addressed to a nominee appearing to be from one of our Management Companies informing them of a change to settlement bank details.
At first glance this letter appears to be legitimate and was on headed paper with a templated format; however this letter was in fact fraudulent and has been confirmed that this was in fact not sent by the Management Company or DST.
Please be vigilant with any requests or notifications regarding change of bank details. Please be advised that a number of management companies host their bank details on the Distributor Portal and if there are any changes to bank details the new details would be reflected on here.
Should you be in any doubt regarding the authenticity of any correspondence received from a Management Company, please do not hesitate to contact us for clarification.