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SFO closes Stirling Mortimer Global Property Fund PCC investigation

9 Ebrill, 2018 | Eitemau newyddion

Today (9 April 2018) the Director of the Serious Fraud Office closed the SFO’s investigation into allegations of fraud against a number of investment companies operated by Stirling Mortimer Global Property Fund PCC.

The Director concluded that there is no prospect of obtaining sufficient evidence to bring charges in this matter.

The Director of the SFO accepted this case for investigation in December 2012.

Investors in Stirling Mortimer Fund No.4 Cape Verde, Fund No.6 Morocco and Fund No.7 Cape Verde II who invested via a SIPP following advice from an Independent Financial Advisor firm which is no longer trading, may be entitled to compensation from the Financial Services Compensation Scheme (“FSCS”). Further details can be found on FSCS’s website.