Update Harlequin 150pxAfter weeks of deafening silence, when many investors have complained about poor communication, unreturned phone calls and emails, as well as missing monthly interest payments, Harlequin Property has now invited their investors to attend a series of ‘Open Days’.

Harlequin Property ‘Open Days’

In a letter apparently sent to investors and published on the online forum, Harlequin Investors Board, the beleaguered property group invite both “investors and agents” to an “Open Day”.

The letter states: “We are dedicated to being as open as possible with you all and these Open Days will enable us to address a range of topics and answer any concerns. It is also very important that we share what others have been doing to harms your investments and wheat we have been doing to protect them.”

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The letter continues: “The topics will include but not restricted to: Irish court case and ongoing legal action, recent media attention, FSA, SFO, Panorama, payments, financing, completions, our future.”

The meetings will take place in Manchester on 23rd April and in Basildon, Essex on 24th April, starting at 10 am, 12.30 pm, 3pm and 6pm.

Investors who wish to attend should email opendays@harlequinhotelsandresorts.com

The announcement of the Harlequin “Open Day” comes after the Harlequin Investor Group announced a series of their own meetings, run in conjunction with law firm, Regulatory Legal. These meetings will take place on 9th, 11th and 12th April, although spaces are now only available on the 12th April in Birmingham.

Investors who wish to attend the Harlequin Investor Group meeting should email gemma.stackhouse@regulatorylegal.co.uk

BBC producer resigns

In a separate development, a BBC producer has apparently resigned, following allegations which led to an ‘expose’ into Harlequin Property being pulled just days before it was due to be aired.

The Guardian and Independent newspapers have both reported that a producer accused of bribing a security consultant, in return for information concerning the beleaguered property group, has now resigned.

In a statement the BBC said: “We have accepted the resignation of a member of staff who had recently been suspended following a complaint made to Panorama.”

The programme had originally been schedule for the 25th March, but was pulled at the last minute following the allegations. The BBC has said that it is still investigating the matter and hopes the programme will air in the future.

Are you a Harlequin Property investor?

If you are a Harlequin Property investor you will naturally be concerned about the recent developments. The investors we have spoken to have had mixed emotions, however all have wanted to take some form of action.

We would recommend that Harlequin investors continue to monitor the situation whilst completing the Harlequin Property Serious Fraud Office questionnaire , which can be found by clicking here and also visit the website set up by Regulatory Legal: www.harlequininvestorgroup.co.uk for more news.

There is also an online forum, run by Harlequin Investors, which can be found by clicking here .

You can also contact our team of Independent Financial Advisers on 0115 933 8433, alternatively enquire online or email info@investmentsense.co.uk

8 Responses to “Harlequin Property update: Harlequin invite investors to “Open Days””

  1. cpc says:

    ……………..ATTENTION………………….

    Last call from CPC Worldwide,

    Nikki Crozier announces closing date of Monday 15th April for clients wishing to join the class action against Harlequin property.

    http://www.propertyproblemsabroad.co.uk
    Tel: 0191 386 2487
    E-mail: cpcholding@europe.com

  2. bandwagon says:

    I hope you all realise the damage you are doing to this company, which will bring down Harlequin and lose you all your money. Then you will be moaning more. this was a long term investment, and investors are partners, bit like a marriage when things get tough you stick it out and work together to resolve, not jump on ya bike at the first bit of trouble.Unbelieveable

  3. Philip George says:

    Bandwagon,

    I think you will find that investors said over the past 7 years , as we heard one empty promise after another. To say we are jumping on our bike at the first sign of trouble just shows the level of your intelligence.

    According to Dave’s original estimates, I should have had a completed property in december 2008. In 2013, the “Guaranteed Finance” does not exist, Harlequin have sold apparantly over 6000 hotel rooms, but have used most of their resources developing just 300 of those, over the past 7 years.

    I am not sure why you are using the word “investment”. If you can explain how investors can get a return on their investment, perhaps you would like to educate
    us, because Harlequin are certainly not answering the questions that were put to them.

    If you are happy to hand over £100,000 and in 8 years have nothing to show for it, apart from warnings from the panorama, the fraudsquad, the police and national newspapers, then I will send you my address and you can send me a cheque.

    To this date, not Dave Ames has not been able to explain the finance side of the investment. He is so diluded, that he stated the investment would work, even without external investment, forgetting that Buccament Bay was built with thousands of investors deposits.

    Dave Ames is in way over his head, and giving giving him more money or support, would be like giving heroin to a drug addict.

  4. deood says:

    @bandwagon

    “this was a long term investment” what do you mean “long term”? Anyway, that’s not what I was told by Harlequin when I purchased my unit in BB, which was nearly 6 years ago. Not sure, how many more years to wait until it is actually built along with the other remaining 80% odd of the resort…yes 400m pounds later and we’re not even 20% there. As an “investor” I have no idea how to explain this (maybe there’s an investor’s hierarchy, who knows)

    “and investors are partners”, really??? Firstly I purchased something from them, which was bound by a contract that details the nature and conditions of my purchase. That hardly makes me an investor. If you disagree then I’m owed quite a lot of dividends/financial benefits for being an investor. I say this because any investor who’s surname is Ames got a nice slice of the pie according to the 2011 accoutns.

    “bit like a marriage when things get tough you stick it out and work together to resolve”. In that case my wife Harlequin has lied to me for years, won’t tell me anything about her issues, had me believing everything is great…I think she’s cheating on me lol

  5. Realist says:

    Regarding marriage comment ,,even Relate would encourage us to sue for divorce based on mental cruelty and irreconcilable differences!

  6. Erica Broughton says:

    The only people to have made anything from our investment/purchase are the IFAs selling it 30% commission and the Ames family who gave themselves millions of pounds by way of interest free loans. I do not know one person who has had a apology from Mr Ames he will be single handedly responsible for people losing there homes,savings and pensions when I spoke to him concerning this he showed blatant disregard for the people who pay his wages.

  7. needanswers says:

    @bandwagon…. You are seriously deluded. Investors have pumped millions into Harlequin and have seen very little for it. You quote “the first sign of trouble” is nonsense. This has been a long time in the making, with the lies we have been told told and the constant excuses, it had to come to a head at some point. After all, over £40 million was pumped into it last year alone and what have we got for it? A second rate hotel in St Lucia, that secretescapes.com are trying to sell at £102 per room per night. Hotels in London go for more than that. Oh… I forgot.. we have a burnt out pirate ship and two twenty year old aircraft rotting in St Lucia. Funny, my contract was for a new hotel room in a 5 star paradise location. So bandwagon I repeat…. You are seriously deluded!!!

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