Bar Works Inc / Central FX

Bar Works Inc / Central FX

Bar Works Inc / Central FX 150 150 Adam Reeves

Following a recent newspaper article in the Daily Telegraph describing an action launched against Central FX by more than 50 investors in the Bar Works Inc Ponzi Scheme, SOS met with the appointed solicitor to review the evidence gathered by SOS investigators.  The outcome of that meeting is that we expect the solicitor to initiate the next phase of the recovery action before Christmas.  The claim is in excess of $5 million.  The solicitor is in discussions with UK authorities to agree the reporting procedure and SOS will be updating the evidence bundle to allow the claim to progress.

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