The Police fraud unit is warning people about the latest investment scam circulating the Island.

The letter encourages the recipient to invest in teak plantations through the Prime Forestry Group of Switzerland.

Previously, both authorities in UK and Australia issued media releases urging people not to invest in this unauthorised financial business.

It appears the business is now targeting Bermuda, as the fraud unit recently began receiving letters from concerned members of public.

For more information, contact the fraud unit on 295 0011.