Thread 1/

So @sarahtheduchess is spending more time making food as her list of authors she can take advantage of on #storytimewithfergieandfriends dries up.

There is a whole backstory of strange loans, bankruptcies and ruined investors behind this….

2/ @Sarahtheduchess was a company director and spokesperson behind a food retailer called “Ginger and Moss Limited”. She owned the business until April 2018, when she transferred her stake to Gate Ventures PLC. Source: Companies House. #storytimewithfergieandfriends

3/ However, this company has yet to trade and has no intrinsic value. No products, shops or website. And – the only thing it ‘owns’ is a debt of 232,004 pounds. Reasonable to assume the payment was to @SarahtheDuchess for her stake. #storytimewithfergieandfriends

4/ Who are Gate Ventures PLC? They are a bankrupt entity that generated losses for Chinese investors: @guardianuk wrote quoting Lord Grade: “We think the shareholders of Gate are innocent victims of a quite serious fraud.” #storytimewithfergieandfriends https://www.theguardian.com/stage/2020/mar/13/shareholder-defrauded-firm-linked-to-sarah-ferguson-court-told

5/ Guess who was a Director of Gate Ventures PLC until just a few months before it went into bankruptcy? Clue: Ginger and into making food! You guessed it: @SarahtheDuchess!

Source: CompaniesHouse #storytimewithfergieandfriends

6/ Here is what the bankruptcy lawyers think of it all #storytimewithfergieandfriends

7/ And here is what the Guardian reported the main Chinese investor was alleging against those directors. Probably an understatement. ... end.
#storytimewithfergieandfriends