Crikey. Lucky escape J4CKO.
I think that IFA who tried to sell you this "investment" should be reported to the FSA, she may have been duped herself, but she should be investigated too IMHO. |
Originally Posted by marky1
(Post 11011620)
Harlequin Property is not regulated by the FSA so there would be no protection to UK investors should the scheme collapse. |
I was very sceptical at the time, sometimes I am too sceptical, perhaps not in this case.
Luckily I put the same money that was never really ever destined for this in shares and doubled it. |
Crazy that we have discussed this on and off for 3 years and only when the money runs out does the FSA get involved.
Got to love the Daily Mail for putting IFAs in the firing line from the off. Its actually the providers the FSA has asked to provide details. Although any IFA recommending Harlequin to anyone who couldn't afford to lose the money should be banned for life IMO. FSA gets involved at last :- http://citywire.co.uk/new-model-advi...ldings/a662520 This is the firm that I mentioned all that time ago - funnily enough they've just closed. :- http://www.ifaonline.co.uk/ifaonline...ls-permissions The above firm advertised on the radio. Had signs up around the local golf course and were really quite high profile. Got to love the FSA for its completely re-active nature to pretty much everything. The "Unregulated" bit was always going to be a cop out until it could no longer be ignored. Its unregulated so you can charge 10% or more commission, its unregulated so you don't have to carry out extensive due diligence, its unregulated so quite frankly don't bother coming to us. Its a joke. |
Harlequin property investors meeting
Hello. I would be so peased if you could all mention this to your friends and family.
We are having a meeting on Saturday 9th March 2013. That is this weekend it is going to be in Manchester at the Manchester Marriott Hale Barnes (airport) there are two sessions one starting at 12 pm the other at 3pm. we really would like it if you could come we are not sure at the moment if Mr.Ames will attend but it speaks volumes either way, Hope to see you there Erica |
I work as an IFA and the Serious Fraud Office are asking IFA's who have sold these products to contact them :(
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What will really boil my pi55 is if the FSCS pays out and then makes IFAs pay in higher contributions. Or sues IFAs like they have over Keydata.
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Harlequin property investors meeting
Everyone is welcome to come and meet up we need to know though so email me for times ect Thanks
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Harlequin property investors meeting
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Thats one aspect but IMO its the easy option to blame the IFA. The SIPP providers should never have allowed it as an investment. The SIPP providers did their DD but what for? If it went wrong they could wash their hands of it.
I all but physically chucked out a rep from one of the SIPP providers who wanted to talk to us about Harlequin and using their SIPP. |
Originally Posted by EddScott
(Post 11016345)
What will really boil my pi55 is if the FSCS pays out and then makes IFAs pay in higher contributions. Or sues IFAs like they have over Keydata.
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Hi All Thankyou all so much for promoting the Harlequin Investor meeting
I would like you all to promote the next meeting they are on the 25th March the afternoon meeting will be in London and the evening meeting will be in Essex I have not got the exact location yet but will keep you posted. for further details please email. Harlequin investor group nw @gmail.com without gaps |
Harlequin property investors meeting
Hi All,
Please help anyone you know who has invested with Harlequin to contact us http://harlequininvestors.boards.net/index.cgi Thankyou |
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