The weekender newspaper issue 16 marina baixa (benidorm)

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ISSUE 016

IssueB #149

Friday 13th October

www.Weekender.News

@TheWeekenderEs @TheWeekenderSpain

Marina Baixa

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SAVINGS BOMBSHELL By Jack Troughton DEVASTATED and distraught clients of failed financial company Continental Wealth Management fear they have lost everything following its collapse. Hundreds of heartbroken Costa Blanca investors – some said to be suicidal - received an email on 29th September. For many it was the first notice all was not well. It stated: “Dear client, it is with immense sorrow that I have to inform you

that Continental Wealth Management will be closing today.” However, in the fallout, investors are advised to contact the regulator Trafalgar International – contact details below – following allegations of mis-selling, forgery and fraud. It is understood around 300 clients of CWM SL are affected – anyone turning up at the plush offices adjacent to the La Sella Golf Resort near La Xara will find them locked and empty. Continued page 2.

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