The Financial Conduct Authority reported that the High Court placed Concept Capital Group (CCG) into administration on 9 March 2026, with BTG appointed as administrators, which has put the FCA’s ongoing High Court proceedings against CCG on hold. The FCA’s case, announced in July 2025, alleges CCG operated an unauthorised investment scheme and the firm has been subject to a court order temporarily freezing its assets. CCG promoted investments in static homes, telling investors they would be let to social housing tenants placed by local councils, promising fixed returns and claiming the scheme was backed by the UK Government, which the FCA considers false or misleading. The administrators will take control of CCG and investor claims will be handled through the administration process, with the FCA supporting the administrators as needed and continuing to communicate with them. Proceedings will continue against the other defendants named in the FCA claim: Ian Anthony Elliott, Adrian Felix, Ayub Swaibu, Edmund Brew, Ernest Kargbo (also known as Ernest Moore), Raymondip Bedi (also known as Martin Swann) and Gateridge Consulting Limited.
Financial Conduct Authority 2026-03-12
Financial Conduct Authority says Concept Capital Group administration pauses High Court case over alleged unauthorised investment scheme
The Financial Conduct Authority (FCA) announced that the High Court placed Concept Capital Group (CCG) into administration, pausing the FCA's proceedings against CCG. The FCA alleges CCG operated an unauthorised investment scheme involving static homes, falsely claiming government backing. The administration process will handle investor claims, while proceedings continue against other defendants in the FCA case.