The Serious Fraud Office in the UK has begun an investigation into unregulated overseas property firm Harlequin Property and they are looking into complaints relating to the group, which marketed and built luxury off-plan property developments.
Investors have been asked to complete an online questionnaire if they invested in various resorts throughout the Caribbean including The Hideaway, Las Canas and Two Rivers in the Dominican Republic.
The UK Financial Services Association wrote to Pension Funds earlier this month requesting information on members who invested in Harlequin, and issued an alert in January warning advisers to carry out due diligence on the Harlequin developments.
www.moneymarketing.co.uk/regulation/sfo-launches-harlequin-investigation/1067343.article