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THE STIRLING MORTIMER STORY
The Stirling Mortimer overseas property funds were often mis-sold to SIPP investors, who were not always properly assessed for this high-risk and unregulated investment.
Stirling Mortimer’s story got more complicated, when the Serious Fraud Office accepted an investigation into the funds’ operation in 2012 after multiple allegations of Fraud.
The SFO investigation was closed 6 years later because there was “no prospect of obtaining sufficient evidence to bring charges in this matter”.
Funds investigated were:
Stirling Mortimer No.4 Cape Verde
Stirling Mortimer No.6 Morocco
Stirling Mortimer No.7 Cape Verde II
Fraud allegations or not, many people were persuaded to invest their retirement funds in this high-risk investment through SIPP pensions, and may still be able to claim.
Timeline of events: Stirling Mortimer
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