It really is the wild west! (Abu)

I agree with all the above and share your anger about how we have all been ripped off by Abundance. I do not believe the platform has fulfilled their legal duty to represent investors as specified in their terms of reference, most obviously when the companies they have put forward have acted in breach of their conditions.
Most recently, their SIPP product was suddenly closed to investment immediately and without warning, again in breach of the terms and conditions requiring 30 days notice. When my wife dis-invested and attempted a transfer, Gaudí (Abundance's chosen pension provider) arbitrarily decided to keep two year's administration fees. We are about to formally report this to the Pensions Ombudsman.
If anyone is interested in a joint legal case against Abundance, PM me. It seems to me there are now enough grounds to say they are not representing the rights of their investors.

What I can't comprehend is Abundance's lack of willingness to protect their own reputation even if they don't give a stuff about us.

With numerous borrowers having either not spent the loan as promised, or transferred it to another distressed company or even worse simply made off with it, Abundance themselves will only come under more scrutiny and negative press.

I understand these investments are sold as risky propositions where we could lose everything but I had hoped that was due to the nature of the propositions in new tech and startups rather than unchecked malpractice from the companies involved without any safety checks in place from Abundance.

When all the losses from the building projects, wood chipper, berries, lights and others come to fruition surely Abundance's reputation will be on the floor???

I do find these apology emails insulting when we have been subject to malpractice and fraudulent behaviour by borrowers who Abundance set us up with. It's been the same across numerous platforms, sorry you got scammed, shame you've lost your money but we don't offer any compensation from our fees and profits made.

Hot on the heels of this apology comes the update from M****w V****y where everything appears to have been against them getting a decent return on sale of assets and money recovered will be "significantly less" than what is owed. Yeeeeaaaah!!

The question in my mind now is - can anything be done to seek redress from Abundance? Risky start ups going under when their business practices are honest and above board, I can accept. Abundance acting as some sort of introducer to corrupt and dodgy operators, and then continually dodging any kind of accountability, I struggle with.

They (Abundance) will have a lot more than me And I feel they should have some financial pain🤯