FSCS still looking into Harlequin compensation claims

The FSCS said it has been receiving queries from investors about whether they are protected by the scheme in respect of Harlequin Hotels and Resorts, known as Harlequin. Investors have ploughed around £400m into the high risk Harlequin scheme, which was supposed to use the money the build a series of hotels and villas across the Caribbean, but which they fear is now lost after a series of problems at Harlequin, including claims of mis-management, the stalling of building work, and a raft of legal wrangles. > Read: The ongoing tale of troubled Harlequin < The FSCS said that to pay co...