Investment Scams
The 79th Group Halts Payments Amid Fraud Probe
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…
Read MoreTony Hyams – Former High Street Grp Insolvency Practitioner Under Scrutiny
Regulatory Disciplinary Action– Tony Hyams In this blog series, we are diving into the key enablers behind Gary Forrest and investigating where they are now. If you missed our deep dive into Carrie-Ann James, you can read it here. Carrie-Ann James played a controversial role in handling companies linked to Forrest, but today, we turn…
Read MoreThe 79th Group – Police Fraud Investigation
What’s Happening, and How Did We Get Here? Police Investigation: The 79th Group Under the Spotlight It is now widely reported that four individuals have been arrested as part of an ongoing police investigation into The 79th Group. The City of London Police’s Fraud Operations Lead Force Unit is probing the company for suspected widespread…
Read MoreCarrie-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 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…
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