Safe Or Scam undertook a review of the Platinum One project at the request of an investor. The company running that project, Golden Sands Developments Platinum Ltd, is now in administration along with several other companies controlled by the director Ameerali Bin Abas.
Mr Abas was disqualified as a company director in June 2018 for a period of 10 years. This was in connection with his involvement in Absolute Living Developments Ltd.
SOS is investigating all of the companies previously controlled by Ameerali Bin Abas to determine whether there is the potential for a group recovery action.