The High Court has ordered into liquidation a property investment scheme promoted by former Manchester United footballer Lee Sharpe.
Green Planet Investment, which marketed a Brazilian property investment scheme which took £14m from investors, misled investors over the nature of the company and potential returns on offer, according to the Insolvency Service. The company had used Sharpe to market the scheme to investors, a statement from the Insolvency Service added. "Company representatives persuaded nearly 300 investors they were dealing with a large UK registered bank," the Insolvency Service said, following an investigation into the business. "The salesmen used high pressure sales techniques and made exaggera...
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