Alpha Plus Bondholder

Review of Alpha Plus Group

Terrible company. We purchased retail bonds at 102...

Terrible company. We purchased retail bonds at 102 and just a few months later they are worth just 66. At the time we were told that they are super secured but the company replaced the collateral by lower quality assets (leaseholds instead of freeholds) without previous warning. Now we are sitting on huge losses and the company remains silent. Behind the respectable facade there is just a BVI based parent company that is only concerned about meeting targets for investors. We and other retail investors have been fooled massively by this bunch. Shame on them!