Want to chat about Carduus Housing?
CARDUUS HOUSING INVESTMENTS
Unregulated by the FCA, Carduus Housing was always a high-risk investment, with no help from the FSCS or FOS for investors who wanted out due to problems with the investment itself.
And it does seem to have had some problems!
On the 14th March, both Carduus Housing’s 6.5% and 6.25% unsecured bonds (which were due to pay out in 2020) were suspended from trading on the ISDX Growth Market, effectively freezing them. The apparent reason for this was to await clarification on Carduus’s “Financial Position”, but why?
Discrepancies… a “Committee of the board” was formed to investigate, and it was later revealed that between October 2015 and March 2016, a LOT of money left Carduus Housing and headed towards it’s parent company – Carduus Finance. About £1.429 MILLION…
Further investigations ensued, resulting in the revelation that a further £875k went to an “unrelated third party”!
Afterwards, many directors resigned their position at Carduus, and the whole lot was sold for £1 (Yes, you read that right), with 75% going to Mr Pankaj Rajani, and 25% going to Beaufort Securities – a firm whose DFM services were partially shut down after agreeing with the FCA to cease taking new money into it’s investment portfolios…
Can you make a claim for having been mis-sold this high-risk investment? We can help you find out!
Did you know, we’ve made successful claims over property investments before?
If you needed any more reason to choose us to take forward your claim, we’ve seen success with claims relating to housing investments before!
Ready to make a claim?
Think you’ve been mis-sold Carduus Housing? Click below to take the first step to making a claim
Have a question about Carduus Housing?
Ask us any question about your investment and we’ll be in touch at the best time for you – COMPLETELY FREE!
Ask anything about your investment, advisor, or so on...
And just so we can get back to you...
Number we should get back to you on
How are high-risk investments mis-sold?
It’s all about suitability.
If you invested in Carduus Housing, but don’t fit any of the descriptions below, then you may have a claim to be made!
Be the first to hear any updates
Give our Facebook page a like using the button below to stay up to date with all our news regarding investments and advisors!