Director disqualification for dodgy wine dealer

By investmentreview | 25/04/2022
Wine specialist William Mason receives 10-year director disqualification ban after abusing money investors paid into his company William Mason Fine Wines

Earlier this month, former wine investor William Geoffrey Mason received a 10-year company director disqualification. An Insolvency Service investigation found that Mason, 54, “abused” hundreds of thousands of pounds investors paid his company. Between 2001 and 2019, Mason’s business, William Mason Fine Wines (WMFW), received more than £445,000 in payments from investors. However, investigators concluded…

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Consumers warned over pre-paid energy scams

By investmentreview | 21/04/2022
Consumers warned to avoid discounted pre-pay energy top-ups

Cifas, the leading fraud prevention service in Britain, issued a warning to gas and electricity customers about pre-paid energy scams masquerading as discounted offers. These scams have impacted more than 188,000 victims, including customers of British Gas, EDF Energy, E.ON, Scottish Power, and SSE. The escalating cost of living is no hidden fact, causing anxiety…

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When Cryptocurrency Goes Wrong: Netflix Investigates

By investmentreview | 21/04/2022
Gerry Cotten's cryptocurrency company went down owing investors millions of dollars

Netflix’s newest true-crime offering is a cautionary tale about the world of cryptocurrency investments. Trust No One: The Hunt for the Crypto King follows the rise and fall of Gerald Cotten, founder of the QuadrigaCX cryptocurrency exchange. The result is a gripping documentary that attempts to trace the $150million (around £115m) investors lost following Cotton’s…

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