Intercare Wealth Scam.
Intercare Wealth Ltd is running an investment scam. Like other scams before it (Northern Powerhouse Developments, Carlauren Group, Qualiacare, St Camillus Care Group, Westway Holdings etc), it is targeting investors who would like to invest in opportunities which have health, wellbeing or significant socially responsible elements to their businesses e.g care homes, nursing homes, supported living schemes, respite solutions, social housing etc.
Intercare Wealth Ltd is a UK company incorporated less than a year ago in September 2020. Its registered office is 20-22 Wenlock Road, London. This is one of the UK’s leading ‘virtual office’ providers. In other words, it’s just a postal address. If you visit the office, you’ll find one receptionist who doesn’t have a clue which companies are registered at that address. There are tens of thousands of companies registered at 20-22 Wenlock Road and none of them are actually there.
The director of Intercare Wealth Ltd is Amandeep Kaur. This lady has history. She is the partner of Ravinder Singh Dhillon who we have covered before (and will again later this week) – see this earlier article – LINK.
Before we look at the Intercare Wealth scam in more detail let’s delve into Amandeep Kaur’s history a little bit. Amandeep Kaur was a director of UK company called The Argyle Group Ltd. This company was formed in 2016. It used another of the major London virtual office addresses at 152-160 City Road. Her fellow director was Ravinder Singh Dhillon.
The UK’s Financial Conduct Authority issued a warning about The Argyle Group in December 2019 – LINK to FCA Warning. This company was involved in selling precious stones to investors which turned out to be not so precious, and then moved into selling scam crypto-currencies. It was forced into liquidation in June 2020 and the investigation is ongoing.
More recently, in January 2020, Amandeep Kaur was appointed as a director of UK Property Club Ltd – LINK to Companies House details. Rav Singh Dhillon runs a Facebook page called UKPropertyClub which is full of, well, HIMSELF. This guy isn’t shy about his scams. Here is a LINK to the Facebook page.
Rav Dhillon’s facebook page appears to be focused on promoting investments offered by a company called Parkmount Group Ltd. Here are three images from the UKPropertyClub Facebook page.
According to Rav Dhillon he is a director of Parkmount Group Ltd. Well, as usual, that’s a lie……
Not only is he not a director and never has been (see this LINK to the Director page at Companies House which proves he has never been a director), but at the time of writing this article Parkmount Group Ltd is in the process of being dissolved by Companies House ! – See below .
We wonder what will happen to all of the imaginary ‘divisions’ within this allegedly huge group. The Parkmount Group website lists seven different divisions. Here’s a LINK to the website. These guys certainly have vivid imaginations. Anyone who invested with Parkmount Group needs to contact Companies House immediately to prevent them from dissolving the company.
Dissolving companies is common for this team of scammers. They have history of never filing company accounts so that Companies House is forced to dissolve the companies. If they don’t file accounts, then nobody will ever know how much money they’ve taken in from investors and the company simply disappears.
Another interesting point is that Parkmount Group only has one director registered at Companies House, Adam Ali, and he isn’t real ! It’s a false name, but we know who is using the name of Adam Ali. We’re getting ahead of ourselves because we’ll be publishing a separate article on Parkmount Group later this week.
Back to Amandeep Kaur and her scam companies. In May 2021, Mrs Kaur incorporated another UK company. This one is called Harley Street Property Club Ltd. It’s not actually based in Harley Street (although the website falsely claims that it is). The company’s registered office is once again at the virtual office address of 20-22 Wenlock Road. Here is a LINK to the Harley Street Property Club website. Nicely put together, but a scam nonetheless.
So……. now we are back the the Intercare Wealth scam. The Intercare Wealth website (LINK to website here) is soliciting investment into supported living housing i.e housing for some of the most vulnerable members of society who need extra help to live on their own.
Here are a couple of passages from the Intercare Wealth website which sums up the scam. We have highlighted the lies in bold:
Working with Intercare Wealth can help you make the most of your investment in every way. As a national provider of social housing, we have a great deal of experience and expertise in providing supported living property. Our proven track record has been fuelled by our commitment and passion for delivering high-quality housing that changes the lives of vulnerable people enabling them to live independently and purposefully.
We already have a firm foothold in the market and a solid reputation. Our growth prospects are strong and as a financially viable association, we’re set to expand as a national provider securing properties for long-term social housing.
The true version is:
1. Intercare Wealth was formed in September 2020 with the aim of scamming investors.
2. Intercare Wealth is not a national provider of social housing. In fact, it has no housing whatsoever.
3. Intercare Wealth has absolutely no experience or expertise in providing supported living property.
4. Intercare Wealth has no track record in supported living housing.
The only track record Amandeep Kaur and Ravinder Singh Dhillon have is in establishing scams, stealing a lot of money from investors and, so far, getting away with it. Anyone who invests in any of the above-mentioned companies is guaranteed to lose their money because they are scams.
It is high time these scammers were stopped and locked up.
Intercare Wealth Scam.
There have been additional articles on this scam which you can view using the links below: