The FSCS has opened a probe into a Facebook-advertising ‘socially conscious’ alternative investment firm which has now gone into liquidation.
ESE Capital Limited (FRN 469499) was placed into Creditors’ Voluntary Liquidation by its directors on Monday 1 December after receiving advice from insolvency experts, the FCA said in a regulatory notice this week.
London-based ESE advertised on Facebook and claimed to offer, “high-net worth and sophisticated investors the opportunity to invest into socially conscious and ethical investments in both the commercial and residential spaces.”
Yesterday (3 December) the FSCS opened an investigation into the company which was authorised by the Financial Conduct Authority and provided financial…