Harlequin investor trust 'to be established by Jan 2014'

Some 3,500 investors have signed up to the planned trust, which Harlequin has said "represents the option that will give the Harlequin investment the best chance of success whilst protecting investors' interests". Harlequin - which has taken about £400m from investors to invest in properties across the Caribbean - has been rocked by problems since the start of the year, including three warnings by the regulator, investigations by the Serious Fraud Office and the Insolvency Service, and its sales arm going into administration. Building work has stopped on several of the complexes it in...