The Debts Firm That Left Its Investors in the Red ; Lured by Double-Your-Money Claims, Hundreds of Ordinary People Put Their Savings Into Cm2 Services, Only to Lose It All When the Venture Came to Grief

Summary

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MORE than 200 investors lost Pounds 3million after they put their faith in a debt investment scheme. When they tried to get back their money, they wound up in the middle of a bitter legal battle. Financial Mail explains what went wrong

Paul and Barbara Bell wish they had never heard of CM2 Services. The couple invested Pounds 15,000 with the company in September 2003, having been told that they would double their money and enjoy a stream of monthly payments.

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The Debts Firm That Left Its Investors in the Red ; Lured by Double-Your-Money Claims, Hundreds of Ordinary People Put Their Savings Into Cm2 Services, Only to Lose It All When the Venture Came to Grief

Paul, 70, a retired fire officer, and Barbara, 53, received a first payment of Pounds 1,250 from CM2 in November 2003, then a month later, a letter arrived saying that payments had been frozen. Since then, the couple from Stone, Staffordshire, have been fighting to get b...

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