Broken trust: The fight to recover invested funds from doomed Dolphin venture

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“I feel hopeful about getting justice. It won’t be quick, but I’m not going to give up on it.” The Irish investors seeking restitution for the collective €107m they placed in German Property Group, formerly Dolphin Trust, before it collapsed in 2020.

“I would like to contact investors,” a small notice placed in the Galway Advertiser in November 2020 began.

The ad was placed by Diarmuid, then 75 years old, who had invested €30,000 of his savings in a property scheme which filed for bankruptcy only a few months before. He made the investment in the hope that it would generate some much-needed income during his retirement.

 

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Buyer beware !! Is there any fund that can recompense them ?

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