Manchester United star Scott McTominay is facing losses of nearly £1 million after investing in a failed financial company run by his fiancée Cameron Reading's father.
Fortress Partners, of which Ashley Reading is the only active director, owes 230 creditors a total of around £18m.
The company borrowed money from investors and then lent it out at high interest rates to corporations and single “rich individuals.”
But Cameron continues to share his lavish lifestyle on social media, despite having £1.2 million in debt for his business.
And now those who paid money to the company, including Boyzone star Shane Lynch, are furious after being told they are only getting back 10p for every pound they invested.
“For people who are at risk of losing their life savings or losing their homes, this is just salt in the wound,” one person who has lost thousands of lives told The Sunday Sun. Ta.
“There are other photos on Instagram of Ashley and his wife, Cam, and sister. They always looked like they were going on vacation. At one point, they were in Dubai for months. ”
The Redding family is said to have purchased millions of dollars worth of luxury investment properties around the world.
Scottish midfielder McTominay pumped £1m into the company for his purchase in Portugal, but will now get just £100,000 back.
Mr Cameron, who was a director of Fortress Capital from April to June 2021, is reported to be currently selling homes in Dubai and Spain to cover his debts.
And for any singer, Lynch could lose £657,000 of his £730,000 investment.
Creditors are believed to be owed a total of £17,774,138 by the company, and Begbies Traynor administrators said they had received “a large number of calls and emails from creditors who continued to express their concerns and frustrations”. Stated.
“We are aware that many of our creditors have savings and retirement funds invested in our company, and we sympathize with the personal impact this process has had on them,” the report continued. There is.
They added: “Currently, we do not have the funds.”
