79th Group Fraud Allegations – Advice.
In early March 2025, City Of London Police raided four premises associated with the 79th Group of companies under Operation Mold. This was carried out following an investigation into alleged investor fraud. It has since indicated its enquiries led it to believe the 79th Group loan note investment schemes were part of a Ponsi Scheme.
It would appear that other 79th Group companies are not yet part of the Police investigation. Only the loan note companies are affected.
The Police have invited investors to contact them via this website link – COLP OPERATION MOLD
We have been made aware of several parties which are offering funds recovery and legal services to 79th Group investors. Some are free. Some charge a fee. Some are reputable, professional and are regulated. Some are not.
At this stage we believe there is no need for investors to pay any party.
The parties offering help so far are:
REFUNDEE – a reputable FCA-regulated claims management company specialising in making recoveries against the banks and financial institutions involved. No upfront fee is involved. Their service to 79th Group investors is no-win no-fee. LINK TO REFUNDEE 79th GROUP PAGE.
CROWELL & MORING SOLICITORS – a reputable law firm regulated by the Solicitors Regulation Authority in the UK specialising in insolvency and in making recoveries against third parties such as company directors, law firms, accountants, and other wrongdoers including security trustees where there is a case to answer. No upfront fee is involved. Their service to 79th Group investors is no-win no-fee. LINK TO CROWELL SOLICITOR PAGE.
INSOLVENCY AND LAW – An unregulated firm which, despite its name, is neither authorised as an insolvency firm nor authorised as a law firm. We have been advised it is charging investors £1,500 to join “an action”. We have previously reported on Insolvency and Law Ltd and the people behind it. LINK TO ARTICLES ON INSOLVENCY AND LAW. You will need to click on the “I CONFIRM” button which appears.
If anyone is aware of any other party offering services we will be happy to include them in this article in the future.
Late Update – we have just been informed that Refundee and Crowell & Moring have joined forces to work together.
