Comments can be sent to us at irnist23@gmail.com

INTRODUCTION
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.

Tuesday, 10 January 2012

HERE’S WHAT JUST A FEW OF THE INVESTORS SAY

We have had a good deal of correspondence from investors, who are very upset and worried at having apparently lost their savings by investing in Collins & Bone and associates. We will post more comments, but we have to get the writers’ permission first, so it takes time. We assure all commenters of the complete confidentiality that they request, thus no names appear after a comment.

“I cannot help but feel that these boys do not fully appreciate the enormity of what they have done; that they have not acknowledged the level of their negligence or possibly worse, preferring to blame other people and factors, and that they still entertain the preposterous notion that they are talented businessmen with a sound track record and that they would be fantastically rich by now if it were not for some bad luck.”

“Once I had decided to explore this "investment opportunity" I was given the hard sell by Liam, who called my mobile on a regular basis to establish if my money had been transferred to them. Once we were hooked, the level of communication fell away dramatically and can only be considered appalling. Those written statements I did receive from them, were often inaccurate, either in the level of interest due, or even mis-spelling of my surname.”

“Once again IFS make excellent counter arguments using facts, opposed to Liam Collins and Dave Bone Jnr's 'claims'. Thank you for your articulate and accurate Blog posts.”

“The more I read about this situation, the more I think that a charge of serious fraud is distinctly possible. I am always prepared to give people the benefit of doubt, but I am now beginning to think differently.”

“It’s rather silly, to say the least, to insist that a recently published blog is to blame for 4 years of negligent and fraudulent behaviour!”

“Unfortunately I invested  a good deal of my retirement fund which I can not afford to loose.  Liam Collins told me when I first invested that they bought every thing for cash with no debts so I thought that this problem we have now wouldn't happen.”

“Thank you for setting up your site.”

“I applaud your initiative and I am significantly wiser for your efforts.”

"I'm not sure why Liam Collins is unhappy about being made bankrupt. In a county court hearing last year he told the judge he'd be happy if he was made bankrupt, because then he could take up dancing. "Have you seen me on 'Britain's Got Talent?'" Made the judge's day I think. Liam Collins also offered me a promissory note but the judge pointed out that I already have one. Do you think he could pay us back with a bit of busking?" 

"I think every one of us would be willing to admit to our own naivety & mistakes. But none of my mistakes come near owing hundreds of thousands of pounds to 133 people. I invested money to purchase a share in a property to refurbish. Where's my share in a property? Where did the money go?"   
"I am completely speechless at the temerity of these boys asking for emails of support as though they were the innocent victims in this disaster!"

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