Accumulate Capital is run by an ex-alumni of Signature Capital, Paul Howells, who formerly described himself as a "Partner" at Signature. Its corporate entity was originally incorporated as EQT Capital Limited by Sarah Schofield, a director of two Signature companies. Signature Capital collapsed into administration in April.
Let's be very clear - the fact that both Accumulate's once and current owner were ex-Signature alumni does not mean that Accumulate is the same company as Signature.
One thing Accumulate and Signature do share however (apart from ex-Signature staff) is a predilection for pointless legal threats, while withholding information from their own lawyers.
The Hit Rate Edge Sports Betting, which is currently promoting itself via Facebook ads, claims to offer "tax-free income" of 25% per month and "consistent income no matter what happens to financial markets".
for a review of The Hit Rate Edge's investment.
Westway Holdings has collapsed into administration, according to the Gazette.
Reviews left on Trustnet suggest the company stopped repaying investors around November 2019.
I reviewed Westway Holdings in January 2018 and concluded that, despite Westway's brochure claiming "income underpinned by Government allowances", its bonds were inherently high risk.
Rent To Lease Limited, an offshoot of car supplier and credit broker Get Me Car Finance Limited, is offering investment in leased cars to investors paying up to 12% per year as follows:
- 8%pa for investments of £10k - £15k
- 9% for investments of £15k - £30k
- 10% for £30k - £50k
- 11% for £50k - £100k
- 12% for investments over £100k
A "special offer" on Buy To Lease's website raises the offered rate of return for investments over £10k to 10% "while the coronavirus lockdown is in force".
for a review of Buy to Lease's car investment.
Last week the Mirror's Andrew Penman investigated one of the introducers flooding Google Ads with high-risk unregulated investments targeted at savers looking for non-high-risk savings. His article, Scamming with impunity: the GoogleAd sham investment comparison websites, is well worth a read.
Penman turned the spotlight on Ilian Stoimenov, who had parked his caravan on the Google search results for "good ISA rates". One of the first hits was for sterling-isa.com, aka Lead Generation Limited.
I can reveal, thanks to a reader who has asked to remain uncredited, that excellent-bonds.com is promoting High Street Group.
Fuzzy Brush Products Limited has finally filed its accounts for December 2017, resulting in a strike-off notice that had hung over it since December 2018 finally being lifted.
Fuzzy Brush offered preference shares paying up to 14.43% per year to investors, and also promoted investment in Fuzzy Brush vending machines paying up to 19.7% per year.
Invest in Rooms offers a range of unregulated property investments. At time of writing it is promoting a care home investment which offers returns of 10% per year "guaranteed for 25 years". The offer includes a commitment to buy back the room after 6 years for 110% of the initial investment, with the buyback rising to 125% after 25 years.
">Continue reading for a review of Invest In Rooms' care home investment.