Signature Capital Review - Is it a Scam?

By J Drew -
It looks like Signature Capital are very keen to get threads removed from Money Saving Expert that give information about their investment schemes. An original thread as listed below has been deleted. A new question is here

 https://forums.moneysavingexpert.com/showthread.php?t=5991993

This was the original post. Personal names have been removed as per MSE legal policy but can be easily obtained on Companies House.

Quote:
Originally Posted by RaymondV
I’m looking to invest and have signed up to a number of offers. I keep getting regular emails from one group in particular, Signature Capital from Liverpool. Has anyone heard of this group? The offers are all similar and high yield 12% +. A quick search on Companies House shows the company trading less than 1 year. Interestingly the Director Lawrence Kenwright holds 33 appointments but none preceding 2016. The company boasts projected profits of £37.5 million for 2017/18. That seems quite high for a new company. I got an email today saying that Signature Capital scored a 9 out of 10 in the “independent” Bond Review Investor Chronicle. It turns out that the only other director Kent Laws registered the company Investor Chronicle in April 2018. It doesn’t seem independent to me. Perhaps someone can give me some feedback who is truly independent and not one of their salesmen. Something doesn’t feel right.
The feedback given in the original thread was unanimously that the OP should not invest.

The OP quoted figures which are from the companies' own accounts published on Companies House and are legally bulletproof.

Other non-disputable facts include:

- Any investment offered by Signature Capital which includes a "fixed" or "guaranteed" "rental" agreement is in reality an investment in Signature Capital, as you are relying on Signature Capital to pay your returns regardless of how much the property yields

- Signature Capital is a micro-cap unlisted company and any investment in a micro-cap unlisted company is ultra high risk

- Anyone investing in property should hire their own valuer and not just hand over what the seller says it's worth.

 Another fact confirmed by companies house and in the public domain is that the director of the firm called Investor Chronicle, that wrote the independent review of the Signature Capital Investment was also a director of Signature Capital at that time.

Comments

  1. Unknown13 May 2019 at 08:26

    This comment has been removed by a blog administrator.

    ReplyDelete
  2. Kanti shah14 May 2020 at 03:27

    they should be reported to fraud dept for action for misleading nthe public please
    contact me any investor affected by the company as i am and want to make joint
    action for recovery of our funds shall appriciate
    please gat in touch as asap as the matter should be filed urgently

    ReplyDelete
    Replies
    1. Anonymous30 May 2020 at 12:42

      Can you let me have a contact email address that I can use to get in touch with you

      Delete

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