Wednesday, January 11, 2012

Weymouth Securities Limited SureInvestment investment scheme shut down (Crosby Wood)


I'm following the SureInvestment "unauthorized collective investment scheme". It is in now in the High Court of Justice, Chancery Division, UK awaiting adjudication. I update when more information is available. 

It is of interest to Chester County residents because Crosby Wood, who has an office in Coatesville, PA,  is a "principal of Sure" (SureInvestment, LLC See, "Before the National Futures Association, in the Matter of SureInvestment and Crosby Wood" below. 

Crosby Wood was at one time the developer for the National Velodrome in Coatesville. 
I don't believe the investigation of the "unauthorized collective investment scheme" has any effect on the National Velodrome other than the National Velodrome's need to find new developers. The developers the National Velodrome Center, LP and Velodrome Management Group, LLC  now have look very good. And I think finding new developers of such high caliber on short notice shows the high level of professionalism of the National Velodrome.  SEE:
SureInvestment shut down
BY ANDREW PENMAN ON NOVEMBER 23, 2011 1:00 PM IN INVESTMENTS
Weymouth Securities Limited was shut down in the High Court today for running an unauthorised collective investment scheme.
The firm, run by 32-year-old Benjamin Wilson of Poole of Dorset and trading as SureInvestment, had been ordered to pay the Financial Services Authority £11million in three installments, but the first installment of £3.9 million was paid the late and others not at all.
More At Mirror.com UK  Opinion:

SureInvestment shut down






http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=2989

Commodities Futures Trading is a high risk endeavor. SEE:

2 comments:

  1. I am one of the investors that has lost a large amount of money through investing with Ben Wilson (t/a SureInvestment). I have created an Action Group as I believe that there may other ways that I and other investors may recover some of the money we have lost.

    Therefore, I would be very grateful for any other investors to contact me via email: SureInvestmentActionGroup@gmail.com

    Many thanks

    Sure Investment Action Group

    SureInvestmentActionGroup@gmail.com

    ReplyDelete
  2. If you have lost money with Sure Investment then please register with the Action Group's forum:

    http://sureinvestmentaction.proboards.com

    ReplyDelete

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