Safe Or Scam has been gathering evidence on the Aston Darby / Drake Estates car parking investments for some time. See our previous article here.
These companies sold (and are still selling) car parking plots on sites in Glasgow and Manchester. Our investigations have left us in no doubt that the Aston Darby group of companies, which includes those using variations of the name ‘Drake Estates’, mis-sold the car parking plots using false and misleading information. We have partnered with a law firm to assist investors in taking action to recover as much as they can from the investment. The following text has been approved by the law firm Smooth Commercial Law.
Smooth Commercial Law are now actively working with Safe Or Scam the consumer champion to raise the profile and seek interest from concerned investors in Aston Derby.
Between the two businesses and their respective marketing abilities, it’s expected this collaboration will generate sufficient numbers of clients and financial resource to take proactive steps to begin the process to recover investors’ seed funds.
Aston Darby is a car park investment firm which offers unregulated investments in airport car parking spaces. The company is currently active and is still looking for investors, as of April 1st 2020.
These car park investments are unregulated and extremely high-risk. Neither the business nor the any of the agents selling the deals are regulated by the FCA. The “guaranteed” yield may not come and investors risk losing every penny of their investment. If this happened, neither The Financial Ombudsman Service nor the Financial Service Compensation Scheme would be able to help.
Due to their high-risk nature, these sorts of investments are only suited to experienced, wealthy investors. In their marketing, Aston Darby twice referred to these investments as “low-risk”. Any single-asset investment which offers 11% per annum yields is definitely not low-risk.
There are many anxious and aggrieved investors and this new joint venture is an opportunity to take some proactive action.
The Smooth Commercial Law and Safe Or Scam joint venture will ask for a low contribution from each new client payable to Smooth Commercial Law to meet the costs of, but not limited to, the continued marketing, barristers fees and court issue fees. The rest of the action will be undertaken on a ‘no win, no fee’ arrangement.
For further information please contact us via our Contact Page.
To view a more recent update on the Aston Darby car parking scheme please click here.