Advice firm Greystone under fire for multiple unregulated investment advice recommendations

At the time of writing, the Financial Ombudsman Service (FOS) showed four decisions against the firm, all that were upheld and all from the same client - Mr B.  Two decisions involved investments in unregulated scheme Brandeaux Student Accommodation, one in Close Bros Second Quartet Commercial Property Fund, one in Rock City Park and Rock Acton Gate and another in Sycamore II Property Development. The advice given was between 2004 and 2008 for all claims. In one decision, Mr B, as referred to by the ombudsman, was advised to invest in Rock City Park, Rock UK Industrial fund and initia...