2,700 SIPPs with Harlequin investments
Beware ‘sting in the tail’
Government plans to get tough
PwC appointed by High Court
Estimated £38m deficit
Managed around £80m for 3,000 customers
New discussion paper published
A company director has been disqualified for a period of 14 years for inappropriately selling carbon credits as an investment, despite a warning from an investigative journalist.
Crippling FSCS levies: Know why you're paying, know how to stop
The convicted fraudsters behind failed property investment Arck have been banned from being company directors for a total of 29 years.
A director of a mortgage brokerage has been disqualified from acting as a company director for 13 years for misleading investors, the regulator and HMRC.
Matthew Ames, son of troubled overseas property company Harlequin's chairman David Ames, has been found guilty of two counts of defrauding investors.
Former Santander adviser Christopher Wathen has been handed an 11-year bankruptcy restriction after he was jailed for stealing clients' money and using it to fund his lifestyle and to gamble.
Harlequin Property's flagship resort Buccament Bay has been hit by violent flooding after torrential rain fall in St. Vincent over the Christmas period which left one resort staff member dead.
The High Court has ordered three companies involved in a £3.2m scam selling carbon credits to investors at inflated prices into liquidation following an investigation by the Insolvency Service.
A trust designed to safeguard the assets of investors in troubled overseas property company Harlequin is on course to be set up by the end of January 2014, the company has said.
A date has been set for a meeting of creditors of failed firm Tailormade, which advised on self-invested personal pension (SIPP) transfers into troubled overseas property company Harlequin and was a major distributor of Harlequin investments.
The son of troubled overseas property company Harlequin's chairman has been disqualified from being a company director for 13 years.
Experts are warning that the end could be nigh for ‘zombie' companies, which are kept alive by lenient creditors but are too weak to invest or expand.
The administrator of Connaught Asset Management is under investigation by an accountancy body for alleged misconduct in a separate case involving high street fashion chain Miss Sixty.
The number of pensioners and ‘wealthy individuals' being declared bankrupt has increased in the last quarter, according to analysis of figures from the Insolvency Service.
A land banking business shut down by the Insolvency Service last year convinced investors to hand over £10m in less than three years.