My father (who has Alzheimer's) employed (2015) the services of Darren Cooke and Red Circle to evaluate his financial portfolio. Upon completion he was advised to invest a large part of his retirement fund into diamonds amounting to £119,000
We have recently had them valued by a long establihed and recognised diamond dealer only to find my father bought them at 19 times their actual value ! When approached Darren Cooke insists my father paid a fair and resonable price. When informed thay have been valued at £6,200 his reply was that investments do run a risk of going down as well as up!
This case is now being investigated by the Financial Authority.
Darren Cooke
Alabama,#2REBUTTAL Owner of company
Mon, September 12, 2016
This is an entirely false report I have never advised a client to invest in diamonds over priced or otheriwse no would I do so.
There is no outstanding complaint lodged with the FCA, Finanical Ombudsman or FSCS, this can be verified on the FCA register.
Strangely I found this report only after I had recieved an e-mail from a company offering to help monitor and remove negative on-line reviews of my company or me personally.