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‘My family lost millions to a toxic German property investment’ Thousands of British savers have lost their life savings after investing in a failed scheme Investors were lured in by promised high returns Fancy investor dinners, offices around the world, company-branded cars and heaps of glossy brochures celebrating the business model. It was enough to convince thousands of British savers to invest some £320m in a toxic investment that since collapsed. German Property Group, more commonly known as Dolphin Trust, sold loan notes to fund the purchase and renovation of derelict German build...

British investors in the German property scheme face huge losses Financial “experts” have been blamed for tipping wildly risky property investment schemes to their clients, after hundreds of millions of pounds was lost to the collapsed German Property Group. Dozens of introducers were able to cream off 20pc commission payments by suggesting their customers use such schemes. Many presented themselves as experts despite their businesses being unregulated. Others were approved financial advisers who sold highly risky schemes to clients on the side. Ordinary people who followed their suggesti...