our space dubai

OurSpace Investors – Update

OurSpace Investors – Update 150 150 Adam

Safe Or Scam is working with a group of OurSpace investors to recover their investments in the OurSpace workspaces investment. The OurSpace project has collapsed. This was inevitable as it was a clone of the disgraced workspace investment operated by Bar Works Inc in the USA. That scheme has been adjudged to be a Ponzi Scheme by a US court and the architect of the scheme has been arrested by the FBI and is facing charges carrying a maximum prison term of 40 years. A number of the people involved with OurSpace were also involved with Bar Works Inc.

Efforts were made to place the assets of OurSpace beyond the reach of ordinary investors by transferring them to a new Malta company called OurSpace Investments Ltd. It is questionable whether that effort was lawful for a number of reasons, not least the fact that the director Kevan Halliwell misled investors. A challenge to OIL ownership of the assets can be expected.

Shortly after the attempt, OurSpace Investments Ltd ceased all payments and has now been placed into administration. SOS has written to the administrator seeking clarification on a number of points. Further information is available on an investors’ website via this link

To view the previous blog comment on OurSpace workspaces click here.

    Investigating investments is a regulated activity in the UK. We have chosen NOT to be FCA-regulated. As a result, British citizens are not allowed to view our content, use our services or benefit from the regular Scam Alert warnings on our blog page. This restriction only applies to citizens of Great Britain and does not apply to other countries. A lot of scam victims around the world regularly view our website and benefit from the information we provide. We are not required to check who visits the website and we do not record any information on anyone who clicks the "I CONFIRM" button below. 

    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. Therefore, if any one of the following three statements apply to you the FCA prohibition applies.

    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 you may proceed to have free access to the website by clicking the "I CONFIRM" button below.

    I CONFIRM

    Our Scam Alert articles are sponsored by a not-for-profit UK company which is permitted to provide services to residents of Great Britain. If you are prohibited from viewing this website because one of the statements above apply to you, but you would like assistance from the UK company, please complete the Contact Form below. Please note: if you meet the requirements to click the "I CONFIRM" button above, you do not need to complete any details below.   






      By Submitting you agree with the SOS Privacy Policy