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Post by 0nf1re on Jun 12, 2017 14:31:52 GMT
Seems similar to other sites however but they don't seem to charge a management fee for the property (I guess this is netted off already). I asked them about investing when I signed up- I found this offer here: refbuddy.com/brickowner which gives you £50 for your first £500 invested (I don't run the site!), it seems that they charge an upfront 3% platform fee, but the annual management fee has already been deducted. I invested £500 so paid £15 fee but will receive 8% or what ever the return turns out to be. Has anyone else invested? Do the returns meet the projected amount?
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Post by Admin on Jun 17, 2017 17:39:56 GMT
The post above was originally made in the General Equities -> Brickowner thread.
All indications were that the account from which this post was made was operated from the same location as other accounts tagged as belonging to "Brickowner". There was no request for it to be tagged as a platform rep. account; indeed the contents of this post would have been at odds with it being tagged as such. Additionally, the account was either registered by a senior executive level employee of brickowner, or someone choosing to deliberately masquerade as that person, by virtue of the associated account email address. The post was made a few minutes after the account was created.
Brickowner representatives were approached for comment. The explanation given was that the company had recently taken on someone on a part-time and trial basis, and had made the post without higher level authorisation, rather than by the identified exec.
The post was read and re-quoted before this was identified, and on the basis of the above the board staff believe that a statement of the facts as known should be made through this post. From a board staff perspective, the matter is now closed.
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