Thursday, 10 November 2011

Profitable Plots Update

We reported on the unsavoury link between Liverpool, Steve McMahon and the disgraced investment company Profitable Plots at the start of September (read the full 1,500 word essay HERE). The latest court hearing was on November 8th, and the Commercial Affairs Department again asked for further time as they continue to sift through thousands of documents and collect evidence. District Judge Chay Yuen Fatt duly granted investigators a further four months. The next hearing for an investigation which has been going since August last year will be on March 8th. The judge isn't likely to grant any more time extensions and CAD investigators are confident that they will have everything wrapped up by the next hearing.
Steve McMahon and Liverpool may want to consign their alliance with Profitable Plots to the waste bin of history, but we won't forget about this case and will return to this story in March.

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