Three days after being exposed by OffshoreAlert, publicly-listed British firm Etaireia Investments Plc has admitted it falsely announced last year that it had received planning permission for a substantial residential development on land it owns in Scotland. The company is blaming the fraud on a former director, Stuart Black.
Articles Belvedere Group Fraud Investment Isle of Man Listed Securities Spain Swan Group United KingdomJuly 4, 2015
British firm Etaireia Investments admits OffshoreAlert’s exposé was true
7 years ago