Investment gone wrong
- or -
Post a project like this$50
- Posted:
- Proposals: 9
- Remote
- #3457178
- Expired
Website Developer, Graphic Designer, Transcriber, Content writer, CAD Expert, Python Developer, Photo Editor, Web Scrapper, JAVA developer, Android developer, Wix/Shopify Expert,
Regensburg
105991520629462543778268321530155495724441652996966507396650931
Description
Experience Level: Entry
Estimated project duration: 1 day or less
I need a story for these events, which will be posted. This will be an information or warning for future investors:
Seller: Investment Company X
Notes: a well known investment company in UK, track record of handling investments
Type of Investment: A room in a hotel in London
Oct 2017 - Official Exchange Date
Price: £132.8k
Additions: I also recommended to one of my close friend to invest as this is a reputable company. He did also (same amount)
Agreed Return of Investment
Notes:
Paid for 75 days from exchange until 1st of January 2018. Part quarter payment. All full quarterly payments would be at £2,324.00 for years 1,2 and 3 at 7% net of purchase price
Received ROI
Year 1: only 90% was received
Year 2: & so on: none
Made several follow-ups on the return of investment, but no concrete and complete reply. All they are saying was there are complications on getting the hotel to be completed.
April 2020 - An Administration or group was formed for the redemption of the invested amount
August 2021 - Received several forms (to be consolidated by the group representative) to be passed to the court
From Present: its already submitted to the court and hearings are scheduled.
Until now, no significant update whether we are going to receive our investment plus the promised return of investment.
Seller: Investment Company X
Notes: a well known investment company in UK, track record of handling investments
Type of Investment: A room in a hotel in London
Oct 2017 - Official Exchange Date
Price: £132.8k
Additions: I also recommended to one of my close friend to invest as this is a reputable company. He did also (same amount)
Agreed Return of Investment
Notes:
Paid for 75 days from exchange until 1st of January 2018. Part quarter payment. All full quarterly payments would be at £2,324.00 for years 1,2 and 3 at 7% net of purchase price
Received ROI
Year 1: only 90% was received
Year 2: & so on: none
Made several follow-ups on the return of investment, but no concrete and complete reply. All they are saying was there are complications on getting the hotel to be completed.
April 2020 - An Administration or group was formed for the redemption of the invested amount
August 2021 - Received several forms (to be consolidated by the group representative) to be passed to the court
From Present: its already submitted to the court and hearings are scheduled.
Until now, no significant update whether we are going to receive our investment plus the promised return of investment.
Julian M.
100% (3)Projects Completed
3
Freelancers worked with
4
Projects awarded
14%
Last project
18 Aug 2021
United Kingdom
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