Re: Gekko Properties and Chris Long Issue
Challenor Property 4 arrested
Finally four people have been arrested today by detectives investigating the collapsed York-based property club Challenor Property Developments.
Financial investigators, supported by specialist search teams and cash sniffer dogs from West Yorkshire Police, carried out a series of dawn raids at several properties across York.
A large amount of property and documents were seized for examination during searches of the properties. The four arrested people - three men aged 62, 44 and 38, and a 51-year-old woman – were taken into custody for questioning. Police said they had been arrested on suspicion of conspiracy to defraud and money laundering.
The Press exclusively revealed last summer how Challenor, which operated out of Regency House atWestminster Business Park, near Poppleton, had closed down suddenly, leaving investors fearing they might have lost many thousands of pounds. The business dealt in the bulk sale of ‘buy-to-let’ property in the UK and abroad.
Police said today that more than 180 clients had complained to North Yorkshire Police and there was a monetary loss in the region of £2 million. Anyone with information regarding Challenor was urged to contact North Yorkshire Police by calling 01904 669582, writing to Operation Leeson, at York Police Station, Fulford Road, York or by emailing ChallenorPropDevelopments@northyorks...nn.polic e.uk.
Looking for BMV done deals in Hants/Wilts/Manchester. Thanks! |
Hi,
To my eternal shame I had missed this posting and have only just had it brought to my attention. I am absolutely livid. What the f**k has this to do with Chris Long or Gekko Properties? Why have you posted this on this totally unrelated thread? The questions are rhetorical because I full well know why you posted this here: more underhand tactics from the one investor who overacts the 'victim' role in public and bleats and cries that she is passive and not complicit in any action against me while all the time she has covertly sought to inflict maximum damage upon myself, has covertly agitated other investors and covertly been implicit in the litigation against myself - one of which has been withdrawn and the other which has failed after an actual court hearing. People like George have at least got my respect.
Here's my reaction:
I have recently spent a full day of my precious time meeting with two investors at my office - YOUR investors, who YOU took £26,000 in FEES from and did NOT REFUND even though I IMMEDIATELY refunded £40,000 money to you for the EXPRESS PURPOSE of refunding them after you assured me that if you could just get £40,000 to "refund" your "investors" you would be "prepared to wait for the rest" until I had "sorted this mess out".
These are NOT MY INVESTORS - they have NO CONTRACT with me and I have NO LEGAL OBLIGATION to refund them or deal with them.
I had, however, sorted this out and allowed them to take 26 properties - all NMD with cashback - and all with no upfront fees in LIEU of the £26,000 which YOU owe THEM. The legal contracts for these are at the solicitors so these will go through.
However, after reading this disgusting piece of propaganda I am no longer honouring the deal above and my advice to these Doctors is to resume communication with you to secure their refunds. These lucrative deals are much better off being utilised to repay other investors who have waited patiently and been supportive of me throughout this mess - better they have 25% BMV, solid, tenanted, cashflow positive properties, for No Money Down, all fees paid and £78,000 cashback.
Kindest Regards
Roger
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