The 79th Group Update-What You Need To Know

the 79th group

Administrations, Court Cases, and What Loan Note Holders Must Know Now The financial collapse of companies within The 79th Group is rapidly entering a critical new phase. Multiple entities are either already in administration or are just days away from entering formal insolvency processes – yet many loan note holders (LNHs) remain unaware of the…

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T&T Trustees Appoint Administrators to 79th Luxury Living Six

Are Investor Interests Being Protected? A New Twist in The 79th Group Saga Loan note holders in 79th Luxury Living Six Ltd (LL6) were recently informed that T&T Trustees, the appointed security trustee for several of The 79th Group’s investment vehicles, has unilaterally appointed administrators to take control of the company. Moreover, rather than offering…

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A Difficult Truth: The 79th Group’s Latest Statement

the 79th group

On 10 April, The 79th Group issued a public statement in response to the ongoing investigation by the City of London Police, which can be found here. But let’s be clear: this is not a roadmap to redemption. It’s a thinly veiled admission of financial distress — and a warning to investors that the company…

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The Cold Truth About The 79th Group, the Police, and Your Money

the 79th group

The 79th Group Loan Notes Recovery Over the past several months, a growing number of investors have come forward, alarmed and confused by what’s happening with their investments in The 79th Group and its network of companies. Some have received no returns. Others have received vague updates about an ongoing police investigation. Most are still…

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The 79th Group Loan Notes- Troubling Security Trustee Issues

the 79th group

As The 79th Group suspends redemption and interest payments on its loan notes and ceases to respond to concerned investors, scrutiny is intensifying over the robustness of the legal protections supposedly in place. In particular, many loan note holders are now turning their attention to the Security Trustee arrangements . Their supposed safety net –…

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The 79th Group Halts Payments Amid Fraud Probe

the 79th group

In a move that has alarmed investors across the UK and internationally, The 79th Group has suspended all interest and redemption payments on its loan notes. The announcement comes on the heels of a City of London Police investigation into suspected widespread fraud. Four individuals connected to the company have been arrested and released on…

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