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This Blog is dedicated to making public some of the business activities and methods of Liam Collins, David Bone Jr and their associates. In the spring of 2010, the present authors invested in Collins & Bone (C&B), who were offering an enticing 8-10% interest on the basis of buying houses for cash, renovating them and letting them out to students. We were assured that our money was secured against houses that they owned, including their own homes and the properties held by their associated company, Castle & Gatehouse (C&G). We have emails and brochures that confirm these details, as do others who invested on this same basis at around the same time. The idea worked for us for over a year, then in November 2011 they told us they were insolvent. They refused our every request for clear accounts, which led us to suspect wrongdoing. We began an investigation and then started this Blog. We found our suspicions confirmed: other investors had lost sometimes quite large amounts to C&B and its predecessor CBS, and all requests for repayment were adamantly refused. These people use and have used so many names that we found it necessary to compress them into CoBo (for Collins & Bone) and Coboco (for the whole bunch of them – there are quite a few!) Note that there is an index in the margin at the right hand side.

Saturday, 14 January 2012


This report, sent in by an investor, amply illustrates the contempt in which Liam Collins holds the law:

"Liam says (email to investors of 12.1.2012) "Yes I was in court last year and yes I did offer to pay back the investor via dancing. He laughed at the proposal and so I did not. If anyone is happy with me dancing to pay back cash I will happily do what it takes."

If he had offered to pay me back by any legal means I would of course have accepted. This was not what occurred. He had broken two previous agreements to pay me back in instalments and the court case was to obtain a County Court Judgement (CCJ) to require payment. Liam Collins offered to put what was owing to me into another deal from which I would get the profits. Of course with his track record I declined. He also offered a promissory note as stated above. The judge then said she could see no alternative but to grant the order I requested. At that point Liam Collins stood up and said he didn't care if he got another CCJ because he already had a hundred CCJs and I would be doing him a favour if I bankrupted him because then all this nightmare would be over and he could concentrate on dancing. His remark 'Did you see me on Britain's Got Talent?' was addressed bizarrely to the clerk of the court rather than the judge.

He then left, leaving me sitting with the rather bemused judge, who said in fairness she could give no further advice because the other party had left.

On leaving the court I happened to pass the judge coming out of a side entrance. No words were exchanged of course, but the expression on her face suggested that the entertainment had been the high point of her day.

Anyway, stop dreaming folks. The only way you will get any money back is to get Liam dancing."

NOTE FROM IFS: Were the Dubious Duo to look to dancing as a way of repaying their creditors, we estimate that if they earned £1,000 a day, it would take them around eleven (11) years to accomplish the feat. 

It's idle, let it be said though, to exhort anyone to stop dreaming: no-one can, unless dead.


  1. Ah, but you have to know the difference between achievable dreams and daydreams.

    I seriously mean that investors might consider noting the lessons learned and wasting no more energy on what is past and irredeemable.

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  2. These apparently two types of dreaming do not differ in that they are both illusory. The will of the wish may seem to make one more real ("achievable") and the human power (or habit) of self-deception has no known limits!

    We think all investors who have contacted us, and maybe many more, have indeed learnt something useful about deception (self and other) and trustworthiness, but it is our view that there may be more energy to recoup from the self-inflated perpetrators, who are quite capable of just going and setting up yet another company. But we quite understand if you personally are sick and tired of the whole caboodle.