CHERISH WEALTH MANAGEMENT/SHAH WEALTH MANAGEMENT
Cherish Wealth Management Limited claimed to provide “effective financial advice which clearly reviews, discusses and ultimately meets each individual or organisation’s specific financial requirements”.
The firm worked closely with unregulated introducers such as Avacade, promoting high risk and unregulated investments, leaving clients with huge losses.
These were mainly overseas-based property investments and included:
Brisa Investments – Brazilian development targeting 11% interest for bond holders.
Lakeview UK Investments – Country Club Investment promising bondholders possible 12% interest per year
Invest US Exit Strategy /Real Estate Investments USA – US Housing Scheme targeting 15% for bond holders.
Tambaba Investment – Brazilian Overseas property investments