Investors who lost millions in fake windfarm scheme seek justice from Glasgow swindler
dailyrecord.co.ukVictims who lost millions to a wind turbine scam have united to fight for justice.The Daily Record previously revealed how Scots green energy expert Dr Paul Dougan ran a business that swindled £4million from scores of investors.
Geoscientist Dougan was hit with a 14-year director ban after a probe by the Insolvency Service found investors’ cash was used to fund properties instead of wind farm projects.It slammed the “appalling scam” which robbed investors of savings – some up to £150,000 each.Now a group of more than 100 victims have set up a fighting fund to cover legal costs in a bid to claw back anything they can.
Tony Clarke, 73, from Essex, brought victims together after discovering there was no planning permission being granted for the wind farms he had ploughed £20,000 into.He told the Record how lives had been “wrecked” and believes the true sum of money is far greater.He said: “It’s all about justice now.”One 77-year-old from Glasgow, who paid £10,000 in, said: “The immediate reaction from the public is, ‘How could you all fall for this scam?’“I have a residual hope we can get some form of justice but I have resigned myself to the loss of my money.
These people deserve the full force of the law.”Another investor from Aberdeenshire handed over £10,000 and was pressured to invest more.
Read more on dailyrecord.co.uk