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Hi forum members,

I'd like to know if anyone has a clear picture of what is really happening at Gekko based on the set of property portfolios offered by Chris Long but which has turned into a disaster.

I have spoken to Sammy (Roger Humphries) numerous times about this (and he sounds a really nice bloke) with explanations that the fault lies squarely at Chris Long's feet, but I left a deposit of £3,000 on three properties since October of last year paid into Gekko's account. I am beginning to get anxious that this situation is not being dealt with by either Chris nor taken seriously by Gekko.#

Has anyone who left a deposit on these properties got their money back? Does anyone actually know Chris Long?

do not know Gekko, but know Elite Alternative Investments which took 5000 reservation fees for HMO in Leeds and never delivered properties neither returned money.

 Now struggling to get my money back via debt collectors.Name of a guy is Sohron Aslanbeigi, anyone was dealing with him?I ws told there is police investigation

Hi Jay

Myself and my business partner were interested in some of these portfolio's offered by Gekko, with Chris Long's name on top of the spreasheet.  We submitted detailed requests several times as part of normal DD, and got no response from Roger on numerous occassions.  Considering we were looking at handing over £1m plus and had done a fair bit of work looking into these porfolio's, very amateurish indeed.  Told us everything we needed to know  about them, as in they would only deal with novices ready to hand over fees no questions asked. We now delete all emails from Gekko immediately. No point wasting any more of our valuable time. 

Really hope you get your money back, but suggest you do likewise in deleting from now on.

Good luck.

 Kind regards, Paul.

Thanks for the response Paul.  Every time i speak to Roger or Marie (His assistant), they seem to deal with my calls and always promise that Roger will call me back (he has never really called me back, i've had to keep calling back to get to speak to him). I have to mention also that these days there never seems to be anyone around to pick up your calls to Gekko.

As i said, Roger seems to be a genuine and pleasesnt person to speak to on the phone but business wise i find it hard going that since October of last year they have failed to get on top of things.  When things go wrong it is always best to reassure people that something is being done about their issues, silence is never a good way to deal with it.

Roger has said that Chris Long is the one that will make the refunds, but those who paid made the payment into Gekko Properties bank account, and with no experience of Chris Long (don't even know who he is!), should i have to wait to deal with him?

If anyone else is experiencing this, please let me know.

I too am owed money and all I keep hearing is that deals are going through and I'll get my money soon. I agree Roger is a decent guy and if he could get our money back I know he would. He is working virtually 24/7 soley on this, but he underestimates CL's deceit and is too busy to check out the facts and protect himself. CL has alot of debts, CCJs and a pending bankrupcy order against him. He is an arogant chancer with nowhere to go. 

Look what I found whilst searching the internet - same modus operandi

 Challenor Property Development under investigation

jidewura:

Hi forum members,

I'd like to know if anyone has a clear picture of what is really happening at Gekko based on the set of property portfolios offered by Chris Long but which has turned into a disaster.

I have spoken to Sammy (Roger Humphries) numerous times about this (and he sounds a really nice bloke) with explanations that the fault lies squarely at Chris Long's feet, but I left a deposit of £3,000 on three properties since October of last year paid into Gekko's account. I am beginning to get anxious that this situation is not being dealt with by either Chris nor taken seriously by Gekko.#

Has anyone who left a deposit on these properties got their money back? Does anyone actually know Chris Long?

Jay,

I apologise if I have not got back to you as I should have but I want to assure you that the exact opposite is true when you state that Gekko are not taking this situation seriously. This situation has taken over my life, reduced my bank balance to zero and damaged my previously good reputation as a property sourcer and on a personal basis. The labour intensive work entailed in trying to ensure that all investors are refunded has rendered my current earnings to nothing because I have neglected my own business to concentrate on this very serious matter.

A lot of investors are aware of the real situation here and what I am doing on their behalf but because the developments in this whole saga has become so public on so many forums over the past months, I may be guilty of overlooking the fact that some investors may not be so aware. I apologise for this, but there are only so many hours in a working day and though my working days are usually 12 to 14 hours 7 days a week, I am still severely limited to how many calls or e-mails I can return, whilst devoting my time to dealing with properties forwarded to me by Chris Long so that I can carry out diligence on them and - hopefully - find ones that are viable enough to attract buyers so the eventual proceeds are utilised to repay yet more investors. This is not spiel, it's a fact. Last week myself, Marie and Chris our foreman  builder travelled to Lancashire to inspect  23 properties which Chris Long had sent over to us and which he could acquire subject to them stacking up. Me and Marie had already spent 4 days doing the paper diligence but when we inspected them we found they were all in very poor condition and over-priced despite what the vendor had assured Chris Long. We did not get home until 2 am from 8am. An exhausting 18 hour day and all for nothing, but this could have paid off and it would have been another lot of money from Chris Long with which to repay people with. I have no choice but to do this if I am to ensure that investors get repaid because, though Chris Long undoubtably does have contacts for BMV properties, he has neither the skill nor resources to effect true diligence and sales, and the profits from sales are the only means with which investors will get refunded. Incidentally, I have elected to take on this considerable workload without pay, because I want to ensure that investors do receive their money back as soon as possible, so I am at the back of the queue for what is owed to me. 

As far as refunds go - investors who have still to receive their money back can be forgiven for assuming that no one has been refunded so far because of the fact that the only responses to their public queries of who has been refunded are from other investors who have yet still to be refunded.  So far, I have personally refunded over  £100,000 - some of it from my own pocket and because I am now sick and tired of being made out to be a liar about the refunds - and other facts of this case - , I reproduce the facts below:

REFUNDS Made By Gekko: