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Investment firm banked £14m selling Paisley car park spaces without owning them

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dailyrecord.co.uk

Paisley, they originally didn’t even own. Aston Darby Group Limited sold more than 630 car park spaces on the Harbour Road site between April 2017 and December 2019, promising unwitting clients high value returns on their investments.The individual spaces were sold to investors for £25,000 with a guarantee that they would receive 11 per cent returns within two years.However, it was later discovered the cash being paid back was from the original investments rather than income generated by the car park.The details were heard as Aston Darby Group Ltd was wound up in the public interest on July 3 in the High Court, Manchester before HHJ Halliwell.The court heard investigators uncovered that the company had made misleading claims in its sales.

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