Six companies that mis-sold green belt land for
investment to the public have been wound-up in the High Court on public interest
grounds following an investigation by Company Investigations ("CI") of the
Insolvency Service.
The investigation found that Stowford Place Investments Ltd, ASA Global Investments Limited, Prinston Estates Limited, Alpha Capital Investments (London) Limited, Greenacre Global Partners Limited and Vinci Trading Ltd had all seriously misled the public as to the development prospects of the plots of land they offered for investment and had operated with a lack of commercial probity.
The investigation found that Stowford Place Investments Ltd, ASA Global Investments Limited, Prinston Estates Limited, Alpha Capital Investments (London) Limited, Greenacre Global Partners Limited and Vinci Trading Ltd had all seriously misled the public as to the development prospects of the plots of land they offered for investment and had operated with a lack of commercial probity.
And finally I was a victim to a phishing scam where fortunately the protective measures at my bank prevented me losing money, nevertheless I was sucked in.
So you could say Im a bit dubious when I get contacted about opportunities and more recently one involving shares. My first thought was that this was a boiler room selling shares of a particular company which didn't exist. However my curiosity got the better of me and I looked into this in more detail. The full story follows:
I had a call about the opportunity to self manage my own investments, pretty vague but they were sending some free information so I thought what the heck. Not long after I got a brochure in the post fromn a company called Eurosoft which talked about achieving financial freedom and actually posted results which were verified by the London Stock Exchange. The results however where pretty substantial and so I actually got on the blower and rang the number. I was put through to a senior representative who offered to take the time to explain everything.
What Eurosoft do is they design software for the stockmarket. The guy I spoke to was actually a trader himself and he trades for the company. My next thought was that I was going to have to hand over a neat sum of money for them to invest on my behalf in the Bank of Oblivion. Not quite! He explained that they develop trading systems on a commercial level and also have public software for people to day trade on the market. The information I had related to what he called an end of trading day software, which essentially means that it's designed for people to run after the stockmarket has closed. The unique thing that really got me interested was that you didn't need any experience with stocks and shares to get started, that they actually assign you a personal analyst to work with you one on one and teach you how to run this program.
Long story short I took the plunge and bought a Eurosoft program. Right from the start they have been nothing but attentive and genuine. I received the program overnight and was able to install it onto my computer the next day with the help of my analyst. She then walked me through the next couple of weeks paper trading and also helped me to set up a Barclays Trading Account.
I've been going for nearly a year now and couldn't be happier. The best thing about this is that I am in control of my money, it stays in a bank account in my name and I can access it at any time. The program is updated from the London Stock Excange every night and best of all I'm nearly half way to earning back the money I lost in the past. The reason I wanted to write about my experience was that there are diamonds in the rough out there and not everyone is out to rob you blind. I'm still extremely cautious when I get a call from a stranger but I think if you do some research and really verify what they are saying check that they actually exist, then there are opportunities out there that are worth a punt.
