Prosperity Update 1

Prosperity Update 1

Prosperity Update 1 150 150 Adam Reeves

Investors who purchased apartments in the Prosperity tower blocks at Bentley Court and Parkwood Court in Keighley, West Yorkshire are now receiving contracts from the UK law firm leading the recovery action.

In total more than 70 investors have requested contracts.

There are already several culpable parties against whom action can be taken for their roles in facilitating, establishing, promoting, operating or participating in this flawed Prosperity scheme, with at least two further parties still under investigation.

Investors, who have recently been informed of substantial hikes in ground rents (which is a scam in itself) and in service management fees, have now been told that one of the tower blocks needs a complete overhaul of its fire management system in order to comply with the advice of West Yorkshire Fire Services. This is little over one year after they were informed that their apartments were complete, had been fully inspected and signed off by the developer’s appointed firm as meeting specifications. Clearly this latest news casts doubt over the parties who signed off on the apartments.

The more one looks into this investment product the more concerning it becomes. This was not just one rogue company ripping off investors. It appears to have been a conspiracy between a number of organisations to mislead investors.

To read the previous blog on Prosperity click here .

To visit the recently published website for Prosperity investors please click this link. This site will be kept up to date via the blog page.

    Safe Or Scam is prohibited by the Financial Services and Markets Act 2000 (and associated regulations) from allowing individuals ordinarily resident in Great Britain to access our pages or use our services. Please confirm your status below.

    1.  I am currently ordinarily resident in the Great Britain; or
    2.  I was ordinarily resident in the Great Britain at the time I made my investment; or
    3.  I made my investment through my company which is incorporated under the laws of England and Wales and Scotland.

    If NONE of the above apply click the box below.



    Our Scam Alert articles are sponsored by The Fraud Team Ltd, a not-for-profit UK company which is permitted to provide services to residents of Great Britain.
    If you are someone who is not permitted to visit our website because one of the boxes 1-3 apply to you, please complete the Contact Form below. Your enquiry will go The Fraud Team Ltd.

      By Submitting you agree with the SOS Privacy Policy