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How can one legally offer people 7% for their money in the UK without representing a bank?

Is one allowed to ask people for their money for 7% profit /year through advertisement on a month to month contract which means they can have their money back with interest after a month if they want ?
All without representing a banking institution.

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3 Responses to “How can one legally offer people 7% for their money in the UK without representing a bank?”

  1. stanley kinja 07 said:

    I think yes.

  2. Colorado Papa said:

    Yes, it is legal. Any individual can borrow money from other individuals offering a return on their money, then that individual invests the money at a greater return. That way, both individuals make out.
    Corporations selling stock operate the same way without the need to go through a bank.

  3. $andman said:

    is your name ponzi?




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