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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU to think this “AI investing company” is a scam?

1 reply

ThisSerenePinkFatball · 01/09/2025 09:54

My younger brother (19) has suddenly become obsessed with this “AI investing company” run by some guy he found on LinkedIn/YouTube.

The man claims his firm’s “AI” portfolios have done 900% returns in a year (but only in simulations, not with real money) and that the company will be worth $100 billion in 3–5 years. He also says he “studied neuroscience at Harvard” but it’s actually just HarvardX online courses.

It all looks dodgy to me - tiny YouTube interviews with barely any views, self-funded, no sign of actual investors. My brother wants to put serious money into it. I told my parents not to let him and now he’s saying I’m ruining his “big opportunity.”

AIBU to think this is a total scam, or is there any chance it’s legit?

OP posts:
MidnightPatrol · 01/09/2025 11:34

Yeah probably a scam.

Is he FCA regulated, is a good place to start. I assume no.

If it sounds too good to be true, it probably is. Get him into investing in stocks via a platform like nutmeg if he wants to have a go at investing money.

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