Between July 2008 and November 2011, an unauthorised investment scheme was operated via three separate businesses – Stirling Alexander Ltd, European Property Investments (UK) Ltd, and Plott UK Ltd (previously known as Plott Investments Ltd).
Sales Advisors from Plott UK cold-called individuals by trawling through telephone books and looked to sell them agricultural land some of this land they did not actually own. Lots of people ended up buying land as a result of their high-pressure sales tactics. Some £4.3 million was taken from investors with nobody seeing a return on their money.
As a result of an investigation by their regulatory body, a number of convictions were made against Dale Walker, Aaron Petrou, Adam Hawkins, Daniel Forsyth, Brendan Daley, Scott Crawley, Ross Peters, and Ricky Mitchie.
Claims For Compensation
Companies like Plott UK give the impression that they are looking after their investors but hid the losses so that nobody makes a claim against them. Investors haven’t received any of the interest payments that they were promised and are also still waiting to receive their original deposit back.
Anyone who has invested their pension into purchasing land with any of the companies named above may be able to claim compensation. It is important to have your investment reviewed by an expert quickly as time is running out to make a claim.
If it is the case that the business has not adhered to the necessary regulations and rules then it may mean that you can apply for compensation.
Anyone that has had dealings with Stirling Alexander Ltd, European Property Investments (UK) Ltd, Plott UK Ltd, Plott Investments Ltd via investing through a self-invested pension plan (SIPP) with Montpelier, GPC, The Lifetime SIPP, or Pointon York should get in contact with us today so that we can look at your investment for you.
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.
