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Can you get money back from an Investment?

13

Comments

  • le_loup
    le_loup Posts: 4,047 Forumite
    edited 6 October 2015 at 4:26PM
    dunstonh wrote: »
    toby-ledger.png

    OK dunstonh, as you are more handsome that I imagined, I'll forgive you for shattering my dreams about likes on facebook.

    PS IF you were on facebook, you would get lots of likes and lots of ladies wanting - you know - "financial advice".

    ;);) Say no more,squire.
  • The_Real_Dean
    The_Real_Dean Posts: 17 Forumite
    macca1974 wrote: »
    Just out of interest, what was the name of the actual company that you have brought into, as if it is genuine, then details of the directors should be available on Companies House.

    The company name is Limitless Global Ltd and i can confirm they are registered on Companies House. I mean if it is a scam then why are they registered on Companies House and if it's not a scam then why am i getting zero communication?
  • Linton
    Linton Posts: 18,359 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    edited 6 October 2015 at 7:58PM
    The_Real_Dean wrote: »
    The company name is Limitless Global Ltd and i can confirm they are registered on Companies House. I mean if it is a scam then why are they registered on Companies House and if it's not a scam then why am i getting zero communication?

    Apply here and get Real Dean Ltd set up for £13.99. Registered at Company's House guarantees nothing about the nature of the company.
  • inflationbuster
    inflationbuster Posts: 254 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    You can easily find the directors name & address...
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    Tool up and pay the nightclub a visit, or alternately just threaten him over the Internet!

    fj
  • Aretnap
    Aretnap Posts: 5,898 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    https://beta.companieshouse.gov.uk/company/08828312/filing-history

    According to the PDF filed on 9 September your "A Ordinary Shares" don't appear to come with any voting rights. The only shares which have voting rights attached are the 100 "Ordinary Shares", all of which happen to be owned by the sole director. I hope that he's a trustworthy fellow as it sounds like the stricter of the company pretty much gives him to do more or less what he likes with your money.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Maybe all of the "investors" could pay the directors a home visit. At night. Carrying touches and pitchforks.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • jimjames
    jimjames Posts: 18,922 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The_Real_Dean wrote: »
    The company name is Limitless Global Ltd and i can confirm they are registered on Companies House. I mean if it is a scam then why are they registered on Companies House and if it's not a scam then why am i getting zero communication?

    Sorry to say that just because a company is registered is no indication whether it's a scam or not. A company is ideal to use for a scam as it avoids the personal liability of the perpetrator

    Are you able to answer the previous questions posted?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • The_Real_Dean
    The_Real_Dean Posts: 17 Forumite
    inflationbuster wrote: »
    You can easily find the directors name & address...

    I'm aware of that. Funny thing is i've not only found his own social media profiles but that of his close family. And all seem to look active with recent personal photos etc. And he claims to be the owner of the brand i've invested in.
    bigfreddiel wrote: »
    Tool up and pay the nightclub a visit, or alternately just threaten him over the Internet!

    fj

    They'd need to build the nightclub first, i'm not even sure that's happened yet as i've heard naff all!
    jimjames wrote: »
    Sorry to say that just because a company is registered is no indication whether it's a scam or not. A company is ideal to use for a scam as it avoids the personal liability of the perpetrator

    Are you able to answer the previous questions posted?

    He personally associates himself to that brand though, his name matching the signature on the shares certificate, publicly claiming he is in fact the owner. That in itself is personal liability.

    I'm inclined to think it's not a scam at this point as that is what the evidence suggests. The only reason im in doubt is the lack of communication. All i'd need is one email with progress/updates on what's going on and all my fears would be settled. But thats the only thing I haven't got...
  • jimjames
    jimjames Posts: 18,922 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It sounds like they faked the accounts used in the prospectus and claimed to be developing a club that they weren't. Not sure how much more information you need.

    It would help to get answers to the questions already asked, depending on the replies you may want to report it as fraud.
    Remember the saying: if it looks too good to be true it almost certainly is.
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