Posts by forumadmin
Carrie-Ann James – What Next?
In this series, we examine Gary Forrest’s enablers and where they are now. We begin with Carrie-Ann James, an officer of the court and former president of the Insolvency Practitioners Association (IPA). Her role in handling companies linked to Gary Forrest raises serious concerns. Previously, we explored her appointment by the court as Administrator of…
Read MoreDEBT ALERT: Platinum Assets and Developments Limited – Insolvent and Still Trading
Our company alert this week is regarding Platinum Assets and Developments Limited. A building development company with a registered office in Cuthbert House, Tyne and Wear. This company had owed our client £60,000 plus interest (the Debt) and costs. On 25th October 2024 our client assigned the debt to Insolvency & Law Ltd. We are…
Read MoreSteven Ross (Insolvency Practitioner at FRP) – Whose Side is He On?
In 2023, Insolvency & Law (I&L) issued a Winding Up Petition against One Collection Real Estate Ltd (OCRE) through our Debt Assignment service. For those unfamiliar with the background, OCRE was formerly known as High Street Estate Services Ltd. It was one of many companies rebranded and transferred by Gary Forrest to his daughter, Natalie…
Read MoreThe Clean Food Growing Company –New Capital Link- Blatant Fraud?
In September 2023, New Capital Link who we have reported on here and here, introduced one of our former clients to The Clean Food Growing Company Ltd (TCFGC). They also go by ‘The Clean Food Company’. This was as part of a Loan Note investment opportunity. The company was presented as a promising venture, with…
Read MoreThink Twice Before Dissolving A Company
When a business venture doesn’t go as planned, it’s natural to consider winding up operations and moving on. However, dissolving your company prematurely can lead to serious consequences, especially if you’re planning to recover funds from a failed transaction or investment. Here’s a cautionary tale that underscores why keeping your company active is crucial if…
Read MoreThe 79th Group – under investigation for “suspected widespread fraud”.
The news on Friday, February 28th, that 79th Group is under investigation for “suspected widespread fraud” will shock many investors. They placed their funds and trust in a company that now seems “too good to be true.” Although 79th Group and its subsidiaries are still trading, recent events signal trouble. Authorities have arrested four people…
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