‘Bent holiday magnate cost investors £220m’

Thousands of investors were cheated out of over £220 million when they sank their savings into ‘off-site’ luxury properties in the Caribbean and got nothing in return, a court heard. David Ames, 70, is accused of three counts of fraud by abuse of position as the company director of Harlequin Management Services South East Limited (HMSSE). The former boss allegedly encouraged investors to purchase overseas properties in the Caribbean before they were built and then failed to give them anything…