{"id":156557,"date":"2025-06-28T20:00:25","date_gmt":"2025-06-28T13:00:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/he-left-us-with-nothing-the-british-investors-swindled-by-a-german-property-firm\/"},"modified":"2025-06-28T20:31:20","modified_gmt":"2025-06-28T13:31:20","slug":"he-left-us-with-nothing-the-british-investors-swindled-by-a-german-property-firm","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/he-left-us-with-nothing-the-british-investors-swindled-by-a-german-property-firm\/","title":{"rendered":"\u2018He left us with nothing\u2019: the British investors swindled by a German property firm"},"content":{"rendered":"


\nInvestors in the Dolphin\/GPG ponzi scheme run by Charles Smethurst are angry that more is not being done to recover the \u20ac1bn owed to them \u201cHe took everything, left us with absolutely nothing,\u201d says David Middleton, one of thousands of British and Irish investors who racked up huge losses from the collapse of a German property ponzi scheme.The 72-year-old pensioner from Northern Ireland is referring to Charles Smethurst, the German-British businessman who set up Dolphin Capital in 2008, later renamed Dolphin Trust, then German Property Group (GPG), with 200 affiliated companies. In July 2020, the business filed for insolvency, owing more than \u20ac1bn to up to 25,000 investors around the world. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018He left us with nothing\u2019: the British investors swindled by a German property firm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Investors in the Dolphin\/GPG ponzi scheme run by Charles Smethurst are angry that more is...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-156557","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-EJ7","jetpack-related-posts":[{"id":145268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-commercial-property-boom-is-driving-residential-real-estate-sales-as-indian-british-and-german-investors-lured-by-tax-advantages-high-rental-yields-and-golden-visas\/","url_meta":{"origin":156557,"position":0},"title":"UAE commercial property boom is driving residential real estate sales as 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European investors with projects worth bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-land-suffers-1bn-hit-from-retail-tumult\/","url_meta":{"origin":156557,"position":3},"title":"British Land suffers \u00a31bn hit from retail tumult","date":"May 27, 2020","format":false,"excerpt":"\r Property company dented by coronavirus impact and boom in ecommerce\r \r Source : ft.com\r Read more...British Land suffers \u00a31bn hit from retail tumult","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/svg-urges-investors-to-reject-1-1bn-harbourvest-bid\/","url_meta":{"origin":156557,"position":4},"title":"SVG urges investors to reject \u00a31.1bn HarbourVest bid","date":"September 29, 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