Concept Capital Group - The numbers don't add up? Problems with Repayments?
It's been reported on the MoneySavingExpert (MSE) forums that investors in Concept Capital Group are having difficulty getting their money repaid in line with the terms of their investments. Various excuses are apparently being given but no money is forthcoming. The investor reports that payments had been up to date (but small interest payments are easy to fund, large capital is difficult) As Concept Capital Group are quite active monitoring and replying to posts on this blog it would be appreciated if they can give their side of the repayment situation so the investor can get their money back. It might be likely that Concept Capital are struggling financially as their latest accounts filed for the year to 31 October 2023 show a big decrease in the value of assets that they own. The value of their assets has massively dropped from £427,000 in 2022 to only £4000 in 2023 as a result of a huge revaluation reducing the value by £446,000 in that time. This presumably relates to the wri...