A client was recommended to put his hard-earned cash into this company by a "respected" unqualified "financial adviser".
At virtually the last moment he got cold feet and refused to invest.
Returns of up to 5% per month were promised (60% per annum). Looks like investors may have lost a lot of money. (If it seems to good to be true etc. etc.)
I cannot believe in this day and age that there was no FCA barrier to stop this sort of "investment" occurring. And how are the salesman and his cronies able to sell these "investments" to both gullible and (look at the list of creditors) switched on financially savvy wealthy individuals, limited companies, investment advisers, retirement schemes, pension funds and property companies. It just beggars belief!
But have you come across either the company, the directors, namely Lancelot James Hudspith and Karl Edward Lubieniecki or even the sales team involved in selling these possibly "risk-free" investments? Interesting reading in the following:
I have a number of other questions which remain unanswered. But what is going on in this country. Why has this sort of thing not been stamped out.