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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Insolvency Alert- DeTrafford Update 

Victoria Works NW Ltd (previous name DeTrafford Victoria Gardens Ltd)  Insolvent and Still Trading plus  Third Party Action Update for purchasers who used  Stocker & Co LLP, Versus Law and CS Conveyancing We recently reported through our Insolvency Alerts regarding Victoria Works NW Ltd, previously known as DeTrafford Victoria Gardens Ltd.  You can read this…

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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…

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 Ashbrookes Group Limited/ John Street- New Capital Link

Ashbrookes Inspired/Ashbrookes Group Limited (the trading name for Arimco Ltd) first came to our attention in 2022. We identified a Loan Note (LN) product that Castle Trust & Management Services Ltd were providing Security Trustee services for. This was allegedly distributed exclusively by Intelligent Distribution, the introducing company led by Sonali Craddock and Charles Green.…

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