Sunday, February 20, 2011

Colin Thomas, founding director of Ocean View Properties, is being investigated for fraud and misappropriation of funds over a Costa Del Sol holiday home scheme.


Sunday, February 20, 2011 | , ,

Ex-Aston Villa star Gareth Barry 'victim' of alleged holiday property firm crash - Sunday Mercury: "CRIMINAL case has been launched against the boss of a Midland property firm that went bust owing £43 million to investors – including soccer star Gareth Barry.
Colin Thomas, founding director of Ocean View Properties, is being investigated for fraud and misappropriation of funds over a Costa Del Sol holiday home scheme.
His Staffordshire firm marketed properties using images of celebrities including ex-Aston Villa captain Gareth Barry and BBC’s Homes Under The Hammer star Martin Roberts to sell luxury off-plan apartments, though neither benefitted in any way or had any knowledge of irregularities.
It is understood that midfielder Barry, now playing for Manchester City, also invested in the company, although it is unclear how much he put in.
A source close to the England star said: “The investors are all just chasing their money at the moment."


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