79th Group investment: Appeal for potential victims of investment fraud to come forward

The City of London Police is investigating a suspected widespread fraud case where a company named the 79^th Group is believed to be offering loan notes to investors with a high interest return over a fixed period.

The 79^th Group operate in real estate claiming to specialise in the acquisition, management and development of lucrative assets. They offer investment opportunities selling loan notes secured against properties.

Investors are contacted by various third-party introducers offering the opportunity to invest with fixed returns between 12% for a minimum £10,000 investment and 15% for a minimum £25,000 investment.

The 79^th Group tell investors that funds are used for real estate, wealth and aviation. Another area of business advertised under the 79^th Group is mining for natural resources in countries such as Canada and Guinea.

So far, four people have been arrested in connection with 79^th Group. A large amount of cash, luxury watches and jewellery were found during searches of properties, all of which were seized. 

All people arrested have been released on bail and enquiries are ongoing.

Anyone who has been contacted by investors from the 79^th Group, or working on behalf of the 79^th Group, should contact the City of London Police immediately.

To submit information, people are asked to contact the City of London Police by completing a questionnaire on the Major Incident Public Portal (MIPP). You can do this via the following methods:

• https://mipp.police.uk/operation/4801020124P65-PO1
• Searching “Major Incident Public Portal City of London Police” on an internet search engine.
• Scannable QR code: