URGENT ACTION REQUIRED!

April 18, 2014

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We hear that investors recently received correspondence from Duff and Phelps asking them to assign their rights to litigate over certain aspects of the promotion and operation of the Fund that can only be brought by investors, rather than the Fund itself. We believe it is ABSOLUTELY VITAL that ALL investors act on this request […]

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Connaught in the news

January 26, 2014

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The plight of investors in the Connaught Income Fund Series 1 was highlighted by two major UK media today (Friday, 24 January). Both the Daily Mail (http://www.dailymail.co.uk/money/markets/article-2544912/Capita-facing-100m-payout-collapsed-fund.html) and BBC Radio 4’s You and Yours programme (http://www.bbc.co.uk/programmes/p01qj1qs) reported our concerns about Capita’s actions in concealing Connaught Chairman Nigel Walter’s central role in the UK Land Investments […]

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URGENT: Help us to help you

October 5, 2013

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The Connaught Action Group is asking all investors in the Connaught Income Fund to help us help you get your money back. Last February, some investors were approached by BBC Panorama in connection with an edition that was to expose instances of British savers, especially pensioners, losing money when investment schemes went wrong. An investor […]

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The Duck that Laid the Golden Egg

July 16, 2013

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Here in the States, we like to say, ‘If it walks like a duck, and talks like a duck… must be a duck!’ You Brits are sticklers for detail, so you’ll probably say there are members of the anatidae family that walk and talk much like ducks, but in fact belong to other species of […]

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Was the FSA misled and did certain parties fail to give vital information to the FSA?

June 24, 2013

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We have pointed out that Tiuta’s regular financial returns to the FCA must have been grossly misleading. The books were cooked. It looks like the FSA was misled over a considerable period as to Tiuta’s true financial position. George Patellis called in BDO to advise Tiuta plc in January 2011 because he discovered it was […]

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Poor Record of the UK in Combatting Corporate Fraud

June 24, 2013

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We have been saying on this website for some time that the UK lags well behind the USA in combatting corporate fraud. Now, even the politicians in the UK are waking up to this fact. We re-produce here an article written by Emily Thornberry, MP, Shadow Attorney-General which appeared in “The Times” (of London) on […]

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Warning : Do Not Deal with Mawdsley

May 21, 2013

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1. Alistair Mawdsley is back in business promoting an EIS investment to IFAs; 2. We suggest that IFAs should not deal with him as he has a history of misleading them, notably his gross misrepresentations concerning the financial position of the Connaught Income Fund, Series 1; 3. We are given to understand that Mawdsley is […]

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