"One of the UK's leading specialists in financial mis-selling…"
The Times
Diamond Ridge Academy (also known as Diamond Ridge Financial Academy) purports to offer investors expert support, training and education to help them make investments. It provides asset management services and exclusive access to supposed financial experts. Their Diamond Ridge Asset Management presents itself as a legitimate investment platform promising substantial returns through AI-powered trading strategies. However, the investment trading platform has very recently been removed, and multiple reports from victims indicated it operates as a sophisticated investment scam that has defrauded numerous UK investors.
Diamond Ridge Financial Academy typically approaches potential victims through social media. It has a known presence on Facebook and TikTok and communicates with its victims via WhatsApp by setting up large investor groups.
Based on victim reports, watch for these telltale signs:
Be Aware! The scam company is not authorised or regulated to offer investment services in the UK. Always research thoroughly before investing and consult the FCA Register to check whether an adviser is authorised.
The operation follows a consistent pattern:
The Liberty Bank/Liberty Coin Exchange scam shares striking similarities with the Diamond Ridge Academy operation. Both used WhatsApp groups to pose as investment training communities, featured fake “coaches” or “mentors” offering trading advice, and directed victims to fraudulent cryptocurrency platforms showing fake profits.
Victims of Diamond Ridge may recognise the same names, tactics, and withdrawal hurdles, strongly suggesting that the same scammers may be behind both schemes.
Think you’ve experienced a similar scam? Speak to a solicitor today.
Answer a few quick questions and request a free callback. Our team will contact you for a no-obligation chat and explain the next steps.
“I lost £32,000 to what seemed like a cutting-edge AI trading opportunity. It all started in December 2024 — they offered £2,000 to join a group using a new 'quantum AI' system. The trades looked real, the profits were impressive, and after a successful trial week, they even let me withdraw a portion of the earnings. It felt genuine. I invested £26,000 and watched it grow to over £7 million on their dashboard. But when I tried to withdraw, they demanded thousands in fees — first a service charge, then admin fees, and on it went. By the time I realised it was a scam, the website had vanished, and my savings were gone. I’ve reported it to the police, but the financial and emotional toll has been huge. I wish I’d trusted my instincts earlier. Please be careful — these scams are incredibly convincing, and they know exactly how to manipulate you.”
With over 17 years’ experience in fraud recovery and financial mis-selling, our solicitors specialise in complex cases just like yours—providing expert guidance every step of the way.
We’ve successfully reclaimed millions for victims of investment fraud and financial scams, proving our ability to deliver meaningful results.
Our strong success record in fraud and financial mis-selling cases demonstrates our ability to recover funds even in the most challenging situations.
You pay nothing unless we win. Our fees are a fixed, fair percentage of your recovery—no hidden costs, complete peace of mind.
Your case is handled by a dedicated senior solicitor, never delegated to juniors or trainees. We’re fully authorised and regulated by the Solicitors Regulation Authority (SRA no. 468940) and recognised in Legal 500.
Every case is handled discreetly, efficiently, and with meticulous attention to detail—ensuring clear communication and tailored support throughout the process.
Don’t wait – the sooner you act, the better your chances of recovery.
Avoiding scams like Diamond Ridge Academy starts with proper due diligence. Here are key steps you can take to verify whether an investment company is legitimate:
Tip: If something feels off — rushed pitches, unverified credentials, or confusing information — consult an FCA-authorised financial adviser before parting with your money.
Worried about an investment opportunity? Our solicitors can help you assess risk and protect your money.
If you’ve been scammed by Diamond Ridge Academy, you may be able to recover your money — especially if you paid via bank transfer.
Bank Transfers & Refunds
As of 7 October 2024, UK Banks must refund scam victims under new Authorised Push Payment (APP) regulations — as long as:
What If Your Bank Refuses?
Even if your Bank says no or offers a partial refund, you can challenge this decision by:
You don’t need a solicitor to ask for a refund or go to FOS — but many clients choose legal support when:
Scams like Diamond Ridge Academy often form part of wider investment or crypto fraud. If your situation involves similar tactics or multiple payment types, our related recovery services below may also apply:
No, it certainly is not. Their website has now been taken down, and hundreds of investors and traders have lost significant sums of money. It was promoted as a trading platform using AI to advise clients on investment and trading decisions, typically in group forums.
It had all the hallmarks of a scam, including:
The scammers falsely promoted their “AI 5.0 trading system” through legitimate financial websites like Yahoo Finance and StreetInsider.com—which had no involvement in the fraud. They claimed to use advanced AI software to recommend investments, luring victims with unrealistic returns and manipulated account balances. In reality, this system likely never existed.
Yes, in certain circumstances.
Diamond Ridge Academy was a typical investment scam designed to steal victims’ money through a fraudulent website (now shut down).
Under UK banking regulations (effective October 2024), you may recover lost funds if:
Neglect Assist specialise in proving bank liability to help victims reclaim their money.
Recovering funds directly from Diamond Ridge Academy is highly unlikely—they’ve disappeared, along with any cryptocurrency sent to them.
However, under UK banking regulations, you may still recover losses if:
We have experience and expertise in proving banks’ liability—even in complex cases—to help victims recover their money.
Free initial advice – no obligation.
If Diamond Ridge Academy scammed you, contact us for a free consultation. We’re already helping victims like you and can explain:
Avoid upfront fees—scammers often target victims a second time by charging fake “recovery fees.” Never pay in advance for legal help with scams.
Tim qualified as a solicitor in 2011 and has substantial experience handling professional negligence, financial mis-selling and fraud-related claims, including complex group actions involving systemic mis-selling.
Tim has reviewed this page to help ensure the legal information is accurate, up to date and relevant to individuals considering a potential claim.
We offer a free, confidential consultation to help you understand your legal options. Our specialist solicitors handle professional negligence, pension and investment mis-selling, and fraud recovery claims across England and Wales. From day one, we’ll give you clear, practical advice tailored to your situation.
Provide your details to start your eligibility check. You’ll answer a few brief questions next so we can confirm whether your enquiry meets the criteria for a potential claim.
You do not need legal representation to make a financial services claim. You can complain yourself at no cost and under FCA rules, the financial services provider must provide a response. If you feel this is unsatisfactory, you can complain to the statutory redress bodies, the FOS and FSCS who can award you compensation. This is a free service.
The information appearing within this website does not constitute legal advice and is provided for general information purposes only. No warranty, whether express or implied, is given in relation to such material, and we do not accept any liability for reliance on it.
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