Christopher Burton

The biggest source of investment for the Privilege Wealth Group, Gibraltar-domiciled Privilege Wealth One Limited Partnership, today broke the news to its investors that it is massively insolvent due to fraud and mismanagement.

Letter to the Editor from Brett Jolly blaming others for the problems with the investment scheme known as 'Privilege Wealth' and accusing them of theft.

Trading in one of the main fund-raising vehicles for the fraudulently-operated Privilege Wealth investment group has been suspended by the Bermuda Stock Exchange after its Listing Sponsor, Estera Securities, formerly Appleby Securities, apparently resigned.