MIDAS FINANCIAL SOLUTIONS
Midas Financial Solutions (FRN) 473246 closed in 2014. It’s Director Alistair Greig, was sentenced to prison for fraud.
After an investigation into fraud took place, it was found by the High Court of Edinburgh that Mr. Greig had obtained about £13 million of his clients’ money through the running of a Ponzi scheme. Rather than investing the funds, he purchased a number of vintage cars and took numerous luxurious holidays. The fraud resulted in many of his clients losing their life savings.
The investments were pitched as carrying attractive guaranteed returns placed on favourable terms due to the owner’s relationship with a well-known high-street bank.
Sadly, for the investors, the high-interest accounts had never existed. Instead, investors’ money was placed into a so-called ‘Ponzi Scheme’ operated by the owner of Midas.
Appointed Representative (AR) For Sense Network
Midas Financial Solutions was operating as an appointed representative (AR) for Sense network. The appointed representative firm carries on regulated activity under the responsibility of an authorised firm.
Investment Advice
While Midas Financial Solutions acted as the AR for Sense Network, it was ruled by the high court that the network was not responsible for the fraudulent activities of Alistair Greig.
Compensation Claim
Anyone that had dealings with Mr. Greig and his company might be eligible to claim compensation – even if it is the case that you have signed an execution-only waiver. If Midas was responsible for giving your financial advice and you are concerned about being mis-sold, then give us a call today so that we can review your case and go through your options.
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
Company background (public record)
The company was incorporated at Companies House on 15 February 2025 under company number 16254480. Its status at Companies House is recorded as dissolved.
Registered office: 6 Corsair Close, Lee-On-The-Solent, PO13 8GF, England.
Nature of business (SIC): 62012.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 27 Sep 2007 | FCA status recorded as: No longer registered as an Appointed Representative | FCA Register |
| 26 Feb 2020 | FSCS update: Although FSCS is accepting claims against Midas Financial Solutions (Scotland) Ltd, claims have not yet been passed to o… | FSCS |
| 06 Mar 2020 | FSCS update: FSCS has finished its investigation into Midas and can confirm that the firm does owe a civil liability to customers | FSCS |
| 09 Mar 2020 | Declared in default by the FSCS | FSCS |
| 15 May 2020 | FSCS update: FSCS has now passed claims relating to the illegal ‘Midas scheme’ to our claims assessment teams | FSCS |
| 15 Feb 2025 | Company incorporated | Companies House |
| 15 Feb 2025 | Rowan Matthew Anstee appointed director | Companies House |
| 15 Feb 2025 | Finlay Storm Perkins appointed director | Companies House |
| 15 Feb 2025 | Tommy Alfie Rowe appointed director | Companies House |
| 15 Feb 2025 | Christopher George Sydney Thomson appointed director | Companies House |
| 09 Jun 2026 | Company dissolved | Companies House |
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Rowan Matthew Anstee. Listed at Companies House as Active | director (appointed 2025-02-15).
- Finlay Storm Perkins. Listed at Companies House as Active | director (appointed 2025-02-15).
- Tommy Alfie Rowe. Listed at Companies House as Active | director (appointed 2025-02-15).
- Christopher George Sydney Thomson. Listed at Companies House as Active | director (appointed 2025-02-15).
Review page sources: FCA Register (FRN 473246) · Companies House (16254480) · FSCS. Public records, provided for transparency.
