Fraud Investigation Underway on Three Construction Projects

THE SERIOUS Fraud Office (SFO) has opened an investigation into suspected fraud on three construction projects in Manchester and Liverpool.

The SFO investigation is into three property developments:

1. Angelgate, Dantzic Street, Manchester – the development company being Pinnacle (Angelgate) Ltd;
2. North Point Pall Mall, 70-90 Pall Mall, Liverpool – the development company being North Point (Pall Mall) Ltd; and
3. New Chinatown, Great George Street, Liverpool – the development company being China Town Development Company Ltd.

Fraud Investigation Underway

In conjunction with Merseyside Police, as part of a joint investigation with North-West Regional Organised Crime Unit, search warrants were executed at a number of addresses across the UK on 17 January 2019.

The SFO has not issued any further comment at this stage of the investigation.

The SFO is encouraging members of the public who have invested in any of the three property developments named above to complete a questionnaire that can be found here.

Members of the public who wish to report information concerning other property development schemes should contact Action Fraud.

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