No accounts for Harlequin Property resort since 2005

Laura Miller
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One of the main hotel resorts which received investment from overseas property firm Harlequin Property has not filed accounts for seven years.

Buccament Bay Resort on the Caribbean island of St.Vincent - the flagship investment of the £200m unregulated Harlequin investment scheme - has failed to file any accounts or financial statements with the registrar of companies of the state of Saint Vincent since 2005. According to documents seen by IFAonline from the deputy registrar of Saint Vincent, the Buccament Bay Resort is now in "default" of its obligations. As a result it is liable to be struck off the island's companies register. Harlequin was this week the subject of an alert by the Financial Services Authority (FSA), in...

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