Up to 3,000 Britons have poured up to £250 million of their savings into a controversial Caribbean property scheme which is facing the threat of legal action.

Several investors say they fear financial calamity after being persuaded by pension advisers to put large sums into projects run by Essex-based Harlequin Property. It has promised to build 6,000 luxury villas in St Lucia, St Vincent, Barbados and the Dominican Republic. So far only 300 have been constructed.

The Financial Services Authority (FSA) has issued an ‘alert’ about the company and the Serious Fraud Office (SFO) has been asked to investigate.

Read more: http://www.dailymail.co.uk/news/article-2283474/3-000-Britons-fall-victim-250million-fantasy-villa-fiasco-Holiday-home-scheme-promoted-Pat-Cash-investigated-fraud-police.html#ixzz2M0kSPxV4

This was the same company involved with the following developments in Pattaya - Forest View, Phoenix Gardens, Compton Gardens 1 and 2 and Emerald Palace

"projects run by Essex-based Harlequin Property"

And they never saw it coming? Haven't they seen TOWIE?

At least Emerald Palace almost got finished!

At least Emerald Palace almost got finished!

Yes and the titles are with the bank along with one of the banks staff owning a nice unit in there

-- So?????? Brits are suckers

Two words: Bernie Madoff.

As in Madoff with all the cash.

There's a sucker born every minute.

At least Emerald Palace almost got finished!

Yes and the titles are with the bank along with one of the banks staff owning a nice unit in there

That's what I meant by 'almost got finished' the building was completed (was it 3 or 4 years late?) and they didn't have the money to even put in the furniture.

Now the bank has reposessed it and the buyers have to pay extra cash to the bank to get their chanotes, the lucky ones anyway.

One born every minute.

Inflammatory and off topic posts removed

I would never ever ever buy anything here in Thailand that was not finished and ready to move into. cautious ? maybe,but at least i have money in the bank and no worries.

This is very old news to anybody who reads the News site of the Bangkok based journalist whose name is persona non grata on here. A prominent media tycoon here in Pattaya is implicated in this scam too. Allegedly!

New information about our action against Harlequin Property.

This email is addressed to the investors that have problems with Harlequin properties.

CPC Worldwide Ltd, has organised 2 meetings next week in London to help
the investors with the Harlequin.

The QC, a top UK lawyer ( with a track record in Civil
Fraud) as well as a top[ insolvency practitioner will be present at the meeting
to give individual advice and guidance to each client's case.

The initial meeting is free of charge and if you decide to
stay with us the cost will be kept to a minimum. If you can't attend our
meeting we can still represent you.

Contact us:

Via PM

If you have invested in Harlequin Property with a SIPP provider and you have lost your money, we have a
solution and help to get your money back.

We have organised a meeting for the 1st of May at 11 am in London for this specific case.

Contact us at CPC Worldwide now for information:

****Contact via PM****