The Serious Fraud Office (SFO) has charged David Ames, chairman of the Harlequin Group of companies, with three counts of Fraud by Abuse of Position, contrary to section 1 of the Fraud Act 2006.

The alleged activity occurred between January 2010 and June 2015.

David Ames, 65, from Wickford, Essex, has been requisitioned to appear at Westminster Magistrates’ Court on 22 March 2017.

The SFO, together with Essex Police, announced it was investigating the Harlequin Group of companies on 5 March 2013. This investigation continues.

Harlequin investors who invested via a Self-Invested Personal Pension (SIPP) following advice from an Independent Financial Advisor firm which is no longer trading, may be entitled to compensation from the Financial Services Compensation Scheme (“FSCS”). Further details can be found on FSCS’s website at: www.fscs.org.uk