York & North Yorkshire

Challenor Property fraud inquiry in York: four charged

Four men have been charged by detectives investigating a £2m fraud inquiry at a collapsed property development business in York.

They are: two York men, aged 46 and 64; a 54-year-old from Towcester, Northamptonshire; and a 41-year-old from Longfield, Kent.

The charges relate to the collapsed York-based property club Challenor Property Developments.

The men are due to appear at York Magistrates' Court on 22 September.

They are jointly charged with participating in a fraudulent business.

The business, which folded in May 2008, dealt in the bulk sale of buy-to-let properties in the UK and abroad.

More than 180 clients complained to North Yorkshire Police about losses amounting to about £2m.

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