Burned small investors prepare legal action after losing money in Europa

Around 100 private citizens entrusted their pensions – a total of around €4.5 million – to the firm, which later told them their investment was worthless

28th March, 2021
Burned small investors prepare legal action after losing money in Europa
Jillian Godsil, who lost her €50,000 pension investing with Europa Pic: Garry O’Neill

A group of small investors whose pension savings were wiped out are preparing legal action in a bid to recoup their monies.

Having entrusted amounts of between €10,000 and €100,000 each to a company called Europa Strategic Partners with the promise of receiving a 40 per cent return over three years, they were instead told the investment is now worthless.

A total of around €4.5 million was raised from about 100 people looking for a home...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Ian Guider: Dolphin Trust scandal shows authorities still too slow to act in investors’ interests

Investing Ian Guider 4 days ago

Irish investors in collapsed Dolphin Trust owed €50.5m by one company

A token offering: Why the $2.9m sale of Jack Dorsey’s first tweet is only the start of NFTs

‘Distressed’ sale of assets related to Dolphin Trust took place in 2017