Pinnacle Angelgate, North Point Pall Mall and New Chinatown

On 14 October, the Serious Fraud Office (SFO), supported by the North-West Regional Organised Crime Unit (NWROCU) as part of a Joint Investigation Team, closed its investigation into suspected fraud at three property developments across Manchester and Liverpool. The developments under investigation by the Joint Investigation Team were Pinnacle Angelgate in Manchester and North Point Pall Mall and New Chinatown in Liverpool.

In the United Kingdom, law enforcement bodies prosecute cases when they pass the test in the Code for Crown Prosecutors. This specifies that prosecution must be in the public interest and offer a realistic prospect of conviction. Following a three-year investigation and examination of the available evidence, there was insufficient evidence to support a prosecution.

The SFO, in consultation with NWROCU, carefully considered the potential impact on investors when making the necessary decision to close the investigation. We encourage those who believe they have lost money in these investments to visit this page for support and advice.

We will continue to assist other partner agencies with ongoing investigations.