Harlequin

The Financial Services Compensation Scheme (FSCS) has begun contacting clients of failed firm Tailormade, which was a major distributor of troubled overseas property company Harlequin Property.

CIRCLE OF TRUST

STEP TOO FAR?

Financial services law firm Regulatory Legal is suing Tailormade Alternative Investments over claims the investment business made defamatory statements about it.

A former accountant to troubled overseas property company Harlequin has apologised for setting up an anonymous website labelling it a Ponzi scheme fraud.

Troubled overseas property scheme Harlequin can be saved but investors will have to sign away their right to pursue the company for losses - and wait between three and five years to see any returns, a lawyer close to the situation has said.

The Serious Fraud Office (SFO) has said it, together with Essex Police, is continuing to investigate complaints into troubled overseas property company Harlequin.

A couple is pursuing national IFA firms Positive Solutions and 2plan Wealth Management for what they claim was negligent advice to invest in high risk unregulated investments - including using money they had received from a critical illness (CI) payout....

Self-invested personal pension (SIPP) providers have been warned against investing in alternative assets by a high profile lawyer.

National IFA Positive Solutions has accepted it made a mistake when one of its former advisers recommended a client invest in troubled Harlequin Property - and has offered to pay back the amount invested with interest, IFAonline understands.