On 30 June 2017, the Securities and Exchange Commission filed a legal complaint against Renwick Haddow. The SEC alleges that Haddow fraudulently raised almost US$38 million from investors. The SEC has obtained an emergency asset freeze against Haddow and his companies named in the complaint.
Bar Works is a US-based company apparently hoping to copy the success of WeWork in the co-working sector. But in January 2017, an article on the US property website The Real Deal, exposed the role of Renwick Haddow in Bar Works.
A couple of weeks ago, a REDD-Monitor reader sent me an email. I’ll call him Jack. “Have you seen the website alternative-investing.uk?” Jack asked. “I think it could be a scam site given the track record of these types of things.”
Renwick Haddow is back. The man who ran the Capital Alternatives network of companies is a “key figure” behind a New York co-working startup called Bar Works, according to an article on The Real Deal website.
By Chris Lang On 27 July 2020, Savraj Gata-Aura was sentenced to four years in prison for his part in the Bar Works investment scam. More than 800 investors handed over more than US$40 million supposedly as investments in the Bar Works co-working space company. Gata-Aura co-founded Bar Works in 2015 with serial scammer Renwick…