Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), is having "severe" problems issuing payments due under the terms of its agreement, with some investors having payments missed for the second consecutive month.
Thousands of investors have put money into the scheme run by Essex-based Harlequin, which has promised to build luxury villas in St Lucia, St Vincent, Barbados and the Dominican Republic. Under the...
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