Comments can be sent to us at irnist23@gmail.com

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.

Wednesday 14 March 2012

RATTLED BONE

It's rare for investors to get a circular from David Bone Jr, but one arrived this afternoon. After a great show of innocence about how he was never in when the official wanted to serve him the legal papers, he goes on to claim that this Blog repeatedly ignores positive reports about Coboco*.

We have to say that the only positive report that we have received is the recent one by Michael Bloom—and even then, we note that he has not been reimbursed or even received interest. In view of which, his character reference for Collins can't really be classified as a glowing testimonial, can it?

Considering the mess they have made and the often large sums of money they have gypped from people, how can they deserve or expect to receive positive testimonials? If we were to receive another positive testimonial about Coboco, we would feel fully justified in treating it with great caution. We guess that, behind their blustering and outbursts of self-righteousness, they feel desperately guilty and ashamed of what they have done.
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* Symbol: Palm tree, with daiquiri.
Posted by IFS at 16:43

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