The FSA has recovered approximately £270,000 as a result of action taken against companies involved in a share fraud. This figure is believed to be the amount invested by victims and will be repaid to them in full. Members of the public were cold-called from overseas by individuals claiming to work for certain brokers and were encouraged to buy shares in a company called Eduvest Plc with the promise of a significant return on their investment. They were instructed to make payment into a UK bank account; however, the shares were worthless. The investigation is ongoing.