Privilege Wealth administrators file final report, total losses for investors

The saga of Privilege Wealth has all but come to an end, as the administrators of the collapsed minibond scheme have filed their final report, before handing the last of the clean-up to the Official Receiver.

Readers and investors will probably be unsurprised that the outcome was 100% losses for investors, despite Privilege Wealth's claims that its bonds were "low-risk" and "insured".

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Store First assets sold by Official Receiver to Toby Whittaker’s wife

According to the Lancashire Telegraph, the Official Receiver has sold the freehold, associated assets and goodwill of Store First's 15 storage centres to Store First Freeholds Limited.

The assets of the service company, SFM Services, have been transferred to Pay Store Limited.

Both Store First Freeholds Limited and Pay Store Limited are wholly owned by Jennifer Whittaker, reportedly the wife of Store First CEO Toby Whittaker.

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