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INTRODUCTION
This Blog is dedicated to making public some of the business activities and methods of Liam Collins, David Bone Jr and their associates. In the spring of 2010, the present authors invested in Collins & Bone (C&B), who were offering an enticing 8-10% interest on the basis of buying houses for cash, renovating them and letting them out to students. We were assured that our money was secured against houses that they owned, including their own homes and the properties held by their associated company, Castle & Gatehouse (C&G). We have emails and brochures that confirm these details, as do others who invested on this same basis at around the same time. The idea worked for us for over a year, then in November 2011 they told us they were insolvent. They refused our every request for clear accounts, which led us to suspect wrongdoing. We began an investigation and then started this Blog. We found our suspicions confirmed: other investors had lost sometimes quite large amounts to C&B and its predecessor CBS, and all requests for repayment were adamantly refused. These people use and have used so many names that we found it necessary to compress them into CoBo (for Collins & Bone) and Coboco (for the whole bunch of them – there are quite a few!) Note that there is an index in the margin at the right hand side.

Thursday 26 January 2012

LIAM COLLINS' BANKRUPTCY HEARING POSTPONED

At Newcastle County Court yesterday (25th January), the bankruptcy hearing for Liam Collins was adjourned. The judge was not satisfied that the petition had been properly served. He has therefore postponed the case for thirty-five days.  
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As readers will know, we at IFS have pointed out that there  is documentation to show that there are actually at least four people who should be held responsible in this particular case and we strongly feel that at least those four should be required to account for the disappearance of between three and four million pounds of investors' money. It is possible that the adjournment has been called because of information arriving from various sources that  casts doubt on Liam Collins' sole responsibility.
Posted by IFS at 10:27

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