Gravity Child Care Investments Claims
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GRAVITY CHILD CARE INVESTMENT CLAIMS
Gravity Child Care investments were advertised as giving their SIPP investors anywhere between 11% and 21% annual returns depending on how they invested.
But now, Gravity Child Care Investments & GCC Management Ltd are in liquidation, generating headlines where the 230+ investors “lose £11m”.
If you made a Gravity Child Care investment through a SIPP, but weren’t:
- a Sophisticated Investor with plenty of investment experience
- a high-net worth individual earning over £100k per year
- Aware that Gravity Child Care investments were high-risk
Then you may have been mis-sold your GCC management Ltd investment, and may be able to make a claim!
To see if you DO have a claim, just use our FREE Initial Assessment service – pop your details into our call-back form, or call a specialist on 01204 205 061
Timeline of events: Gravity Child Care Investments
2010 - Company Formation
The company is incorporated on the 6th December 2010, with Nicola Jayne Fairweather as director. According to This Is Money, the company was to gain capital and invest it into buying care homes catering for children with mental difficulties to invest in around 50 homes, and recoup investor funds through payments from the local councils.2015 - Statements Delayed
Until 2015, by which time £millions had been invested through cash investments as well as through SIPP pensions, things seemed to be going well. But then, statements that were due failed to appear, causing concern among some investors.2018 - Liquidation and Paper Trail
In late 2017, the company entered into insolvency proceedings, and liquidators from Duff & Phelps were called in. Through the papertrail, it was discovered that of the 50 planned care facilities to be invested in, just 2 had been purchased, with 1 operational, looking after no more than 10 children, according to This Is Money.2018 - Sri Lanka & Dubai
When the liquidators chased the paper trail to acertain where the money had gone, it found that around £600,000 had been spent on the 2 care homes. The rest of the paper trail seemed to lead to foreign countries.“Money went to Dubai, and potentially to Sri Lanka” said an unnamed source quoted in This Is Money.
A statement published by the administrators shows that the firm had debts of £14.1 Million.
Did you know, we’re specialists in mis-sold investments and pensions?
Choosing Get Claims Advice to tackle you claim comes with the peace-of-mind that we’ve made similar claims before…
Ready to make a claim?
Think you’ve been mis-sold your investment? Click below to take the first step to making a claim
Have a question about Gravity Child Care?
Ask us any question about your investment and we’ll be in touch at the best time for you – COMPLETELY FREE!
Was my high-risk investment mis-sold?
The rules are clear: if you don’t fit any of the descriptions below, but a financial adviser told you to invest in Gravity Child Care anyway, then you may be able to claim for mis-selling.
SOPHISTICATED INVESTOR
Do you have a wealth of knowledge and experience in investing?
HIGH NET-WORTH 1
Do you earn in excess of £100,000 per annum?
HIGH NET-WORTH 2
Or do you own £250,000 worth of investable assets?
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