Minerva Development Group Ltd. et al: £2.8M Misappropriation

Press Release by The Insolvency Service in the United Kingdom announcing that Minerva Development Group Limited and Cohesion Business Development Ltd. “were wound up in the public interest on 29 September 2020 after the High Court found that the investment-raising activities of the companies were entirely without substance, with at least £2.85 million of investors’ funds – raised through issuing of bonds – had disappeared”.