AKBUK RESORT GROUP INVESTMENT
The Akbuk Resort Group are the overseas Developers of the Ramada Resort Akbuk Hotel. The investment scheme started in 2013 with the
development of Harmony Bay Resort & Spa, set in stunning surroundings appeared to many to be the perfect financial opportunity.
Unfortunately, the project started when Turkey was still economically attractive but as tensions rose politically internally and with war-torn Syria as their neighbour, Turkish tourism took a serious nosedive.
Harmony Bay SIPP investment has failed to live up to it expectations, resulting with many people losing some or all their hard-earned pension funds.
HOW DID YOU INVEST?
The Akbuk SIPP investment was more often than not recommended to pension holders by unregulated investment advisers, some of who were using SIPP providers GPC Sipp Limited (formerly Guardian Pension Consultants) and Berkeley Burke.
Investors would have bought an interest in the hotel resort with each person owning a fraction of the entire property. This would have entailed owning a fractional ownership where each fraction is owned by a separate UK company which for this purpose is a Limited by Guarantee company. Being a Member of these UK Limited Guarantee schemes would have defined shares in the hotel, which amounts to fractional interest.
CAN I CLAIM COMPENSATION?
If you invested in the Akbuk Resort Group, the costs for the structure would have been normally met from the net revenue generated by the Hotel and the remaining then distributed amongst investors.
Unfortunately due to economic and political factors happening in Turkey, the revenue was not generated which left investors with a failed high-risk investment and possibly more costs.
We believe investors have various routes to claim that could include:
Breach of contract
Negligent mis-selling of pensions and mortgages
Negligent mis-selling of buyback schemes
Breaching duty of care
If you have been a victim of a mis-sold investment through the Akbuk Resort Group, we advise you act sooner than later to ensure you get the compensation you deserve.
If you have invested into the Akbuk Resort Group get in contact with us as soon as possible we so can start your claim without delay.
If you prefer to speak over the phone, just call us for a completely no-obligation chat.
We are completely transparent with our clients and would never pressure you into making a claim so feel free to make an enquiry without the worry of a pushy claims representative at the end of the line.
We look forward to speaking with you soon.