On Friday I was contacted by WV, whose late father unfortunately bought a number of years ago some wine from scam investment companies. She had recently received a letter (see part below) sent to her late father's address by Storage Resources.
The letter from 'Paul Foley, Director' claims that Storage Resources has wine in its storage facility belonging to clients of Imperial Fine Wine Ltd. It now possible for clients to claim their outstanding funds, except for those who 'holdings have unfortunately been sold by the director of Imperial Fine Wines Ltd'. The clients will be reimbursed through 'Equity Partners Group' who apparently 'have been appointed and authorised by the Insolvency Service to assist in the sale of assets and the reimbursement of client capital. (Equity Partners Group - Tel: 0203 488 8049).
Foley explains that the delay in clients getting their funds back is because of 'the liquidation of Imperial Fine Wines' 'predominantly due to the pending high court claim held against the company and its sole director (Mr Pan Wong).
WV was told that there was '£43,750 from wine they have sold but I need to pay £3500 to get that money. I need to pay Equity Partners Group'. She was told that the £3500 would go into a escrow account was refundable once the transfer of the capital sum. WV duly received documentation from 'Equity Partners Group Ltd' with a letter signed by the 'director'. WV thought this arrangement was strange so contacted me.
There are a number of very curious aspects to this 'narrative'.
So where start? Well let's first have a look at Imperial Fine Wines Ltd. The company was founded in November 2012 with Pan Pan Wong, who lives in Hong Kong, as the sole director. The company filed accounts for every year for 2013 through to 2017. On 15.4.2018 Wong applied to have the company voluntarily struck off, which duly happened on 7th August 2018. Curiously Storage Resources fail to mention that Imperial Fine Wines Ltd never traded – all the filed accounts were for a dormant company. Thus there was no liquidation process, no high court claim either against the company or its sole director.
Nor, of course, was there any wine to be sold. The £43,750 cannot exist either: it is just bait for an advance fee fraud.
Now let us turn our attention to Storage Resources. It is just as well there is no wine because Storage Resources does not have a bonded warehouse facility in Harlow.
plenty of businesses but no sign of Storage Resources
A bonded warehouse would be a very substantial building,
especially one with 20" thick walls!
Edinburgh Way from Satellite
No storage facility in Harlow – surely there must be some mistake as their website waxes lyrical over the ideal conditions they offer for storing wine. Time to compare and contrast: