What on earth is going on here?! Don't the Mortgage Company and LPA Receivers realize that Mark Black was inextricably involved in the deceptive schemes of Collins & Bone, in which millions of pounds of investors' money remain unaccounted for? Are the authorities unaware of the fact that Mark Black was responsible for unpaid bills to contractors and utility companies as well as the non-return of students' deposits? Well, we trust that they will take notice of this forthwith and take the necessary action.
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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, 5 October 2013
We have been sent details of two properties that formerly belonged to the Collins & Bone partnership and that are now being advertised for rental by Mark Black, viz:
Posted by IFS at 11:44