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The BBC has spoken to six investors, from the UK, Ireland, Singapore and Taiwan, who said they were owed money. Signature Living made £5.9m in annual profit, according to the most recent set of financial accounts.Investors in Signature Living hotels were told to expect annual returns of about 8% These rooms were then leased back to Signature, which typically promised an annual return of about 8% and that it would buy the room back at a profit after a certain number of years."It started out fantastically," said one investor, who bought a room in The George Best Hotel. The company was offering higher returns than any bank."The first came a little bit late, the second one came a little bit later and the third took a lot of phone calls, emails and shouting before it came.
oop's
Sounds like another version of a pyramid scheme.
A lot of money for rooms that sound incredibly tacky. The bloke doesn't sound much of a businessman either.
That just may be the second worst looking room in the world. The first being any of Trump's living rooms. Pour on that gilt! More, more, more. 🤯🤑🤴
“Mr Kenwright, who built his business up after being bankrupted in 2010”… clue is clearly there!!
The boss has NEVER had a bank account?!? Extraordinary! And £610k has gone walkabout that he knows nothing about? If I was an investor I'd be a tad anxious about this. Plus why those tastelessly opulent rooms in hardworking cities? Makes no sense... Or horrible sense.
Is the owner related to Bill Kenwright ex Merseybeats, wouldn't surprise me ....
You are yet to report on todays march in london , just though you missed it since you seem to be posting drivels all day :) ExistResistReturn FreePalestine
Never had a bank account? 🤔
wow!amazing
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Source: The Independent - 🏆 80. / 59 Read more »