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RT @JonAustinjourn1: Trial of #Harlequin Property's #DavidAmes from #Wickford ...

Harlequin-PropertyHARLEQUINPROPERTY*GETTYDavid Ames, boss of Harlequin Property, faces up to 14 weeks in court.

Southwark Crown Court heard that the trial of David Ames, 65, from Wickford, Essex, is likely to last between 12 and 14 weeks from September next year.

Ames, a former double glazing salesman, is charged with three counts of fraud by abuse of position concerning a total of £390 million allegedly lost by investors in a series of planned luxury Caribbean holiday resorts.

The first charge involves alleged dishonesty from 2010 onwards, and concerns an alleged loss to investors of around £225m.

The second charge concerns alleged dishonesty from 2011 onwards, involving an alleged loss of around £130m.

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Both these charges concern UK-registered company Harlequin Management Services (South East) Ltd, based at Honywood Road, Basildon, which is being liquidated.

The third charge relates to a successor offshore company, Harlequin Hotels and Resorts (Cayman) Ltd, and alleges dishonesty from mid 2012 onwards, concerning an alleged loss to investors of around £35m.

The prosecution was brought after an investigation by the Serious Fraud Office (SFO), together with Essex Police, which began in March 2013.


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