Collingwood claims he and he his wife invested more than GBP650,000 through Sigma’s Roderick Langham but discovered that against their instructions the money was poured into higher risk unregulated investments.
In a High Court writ, the pair claimed that this was done against their instructions, according to the Sunday Times.
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They are claiming their money back with interest from Sigma, now in liquidation, and its managing director Roderick Langham, the paper reports.
Roderick Langham, the managing director of the firm has denied the allegation.
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