David Ames of Harlequin Properties denies “cheating” investors in court appearance

Harlequin Properties, a section of which has since entered into insolvency proceedings, is now often regarded as an infamous case of what can go wrong, and the risks presented by unregulated overseas property investments, and today, Nov 7th, saw chairman David Ames in court facing on fraud charges. Ames was released on conditional bail following the three…

Harlequin property vs wilkins kennedy

Harlequin Property: Legal settlement struck with Wilkins Kennedy, but what about investor capital?

Harlequin has reached a deal with it’s former accountant. Wilkins Kennedy, Harlequin Property’s former accountancy firm, will now pay less than it was ordered to by the High Court for damages in place of them taking the decision to appeal. The accountancy firm, which was engaged by Harlequin between 2006 and 2010, was told by…

date set for David Ames Fraud Trial

Fraud trial dates to be set for Harlequin investment boss David Ames

Chairman David Ames, previously described as a ‘Walter-Mitty type character’, gets trial date set, but not until September 2018! Harlequin Properties – an unregulated and high-risk investment that promised to build hotels in sunny-spots like the Caribbean and make investors a fortune, has often been described by critics and commentators as “troubled”, but with Chairman…

Harlequin property chairman fraud SFO

Details of Charges against Harlequin Chairman David Ames reported after court reading

Chairman of the Harlequin group of companies, David Ames (65), has been released on conditional bail, the conditions of which include surrendering his passport to Raleigh Police Station, after the reading of charges against him at Westminster Magistrates Court. Ames, who is 65 from Wickford (Essex), has 3 charges read against him relating to his…

Pacific IFA Ltd dealt 15 upheld complaints for poor advice involving Harlequin Property Investments and SIPPs

Pacific IFA Ltd (previously called Pacific Life), is an Essex based financial advice firm currently showing 2 active and regulated advisers, and is now known to have been involved in the sale of Harlequin Property investments through SIPP wrappers, as part of a chain of firms that involve unregulated introducers acting as agents for Harlequin.…

Single IFA faces FCA restrictions after no less than 14 upheld Ombudsman complaints regarding high-risk investments into SIPPs

Kingswood Financial Advisors, a Mid Glamorgan based financial advice firm has had restrictions imposed by the Financial Conduct Authority that mean it can no longer transfer people’s pensions into SIPPs with Non-Standard Investments. The FCA notes say that the firm must not “carry out any regulated activities in relation pension switches and/or pension transfers to…