FCA probe firm refused planning permission after promising investors 8% returns from Essex development

The firm, which faces the FCA probe alongside connected businesses and individuals and has had its assets frozen by the regulator, last year set out in social media posts that it would provide "secure" returns of 8.2% per annum to investors in Essex development, Autumn Leaf Apartments. It sought to raise £2m for the project, which had a slated 2.5 year duration, according to social media posts dated August 2023. Later posts set out that it anticipated a £3.2m gross development value on completion. "Be part of the Grays' transformation! Invest in Autumn Leaf Apartments and capitalize o...