Concept Capital Group (CCG) Administration – FCA Update & Investor Recovery Options
The Financial Conduct Authority has announced on the 12th of March 2026 that Concept Capital Group (CCG) will be placed into administration over an alleged unauthorised £23 million investment scheme.
The FCA had initially taken Concept Capital Group to the high court in 2025 and put a temporary freeze on its assets whilst conducting their investigation. Since then, court proceedings have taken place and the company have now been put in administration.
The administration marks a significant development in the case and raises important questions for investors about what happens next and whether funds can be recovered.
Refundee is speaking with multiple investors to recover funds through UK banking regulations on a no-win, no-fee basis.
We expect to recover our clients' full losses in the vast majority of cases. As such we are offering a reduced fee of 15%+ VAT per case capped at £10,000 + VAT to help investors get their money back.
If you have invested in Concept Capital Group (CCG) you can complete our claim form for a free assessment to see if you are eligible to recover your funds.
What was Concept Capital Group?
Concept Capital Group promoted investments in static homes, which were said to be let to social housing tenants placed by local councils. Investors were promised fixed returns and told the scheme was backed by the UK Government.
FCA Investigation into Concept Capital Group
The Financial Conduct Authority announced in July 2025 that they will be investigating Concept Capital Group and launched High Court proceedings.
The FCA alleged that the firm operated an unauthorised collective investment scheme, raising approximately £23 million from investors.
As part of the investigation, the High Court issued a temporary asset freeze to prevent funds being moved while the case progressed.
Concept Capital Group Administration – FCA Announcement (March 2026)
On the 12th of March 2026, the FCA confirmed that Concept Capital Group has now been placed into administration.
The FCA stated that the administration follows earlier legal action and that claims against other defendants involved in the scheme will continue.
Those named in the FCA proceedings include:
• Ian Anthony Elliott
• Adrian Felix
• Ayub Swaibu
• Edmund Brew
• Ernest Kargbo (also known as Ernest Moore)
• Raymondip Bedi (also known as Martin Swann)
• Gateridge Consulting Limited
The FCA has confirmed that its legal action against these individuals and entities will continue.
You can read the full FCA announcement here:
https://www.fca.org.uk/news/news-stories/concept-capital-group-update-administrators-appointed
What Does the Administration Mean for Investors?
It’s too early to say whether there will be any recovery of assets that will result in a payout to investors. However, unfortunately, in most cases like this, there is little, if any, distribution of funds to creditors after assets are realised.
This is why we think the best course of action for those eligible is to look at obtaining redress from your bank.
Refundee has a strong track record of recovering funds from clients within these types of cases. The administration process can work alongside ours and we are optimistic about recovering our clients funds.
Refundee have won cases like this such as; Unique Property Group and CityGate Housing.
Can Investors Recover Money from Concept Capital Group?
Investors who transferred funds from a UK bank account have protections under Authorised Push Payment (APP) fraud rules.
Many UK banks have signed up to the Contingent Reimbursement Model (CRM Code) or are subject to the Mandatory Reimbursement rules introduced for APP fraud.
We have a strong track record in this space, having recovered over £120 million for the UK public.
You can complete our claim form a free assessment to see if you are eligible for a refund.
How would the process work?
Refundee manages everything for you.
We begin with an investigation to understand what happened in your specific circumstances. After some paperwork, we handle your case from start to finish, working with your bank through to the Financial Ombudsman Service.
These cases can take around 6-12 months, although the process can vary in terms of duration.
We're a regulated claims management company with a track record of success - even in cases where banks originally denied a refund. Read our verified reviews on Trustpilot.
More about Refundee
Here are the technical bits:
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
Frequently Asked Questions (FAQs)
-
It’s too early to say whether there will be any recovery of assets that will result in a payout to investors. However, unfortunately in most cases like this, there is little if any distribution of funds to creditors after assets are relisted.
This is why we think the best course of action for those eligible is to look at obtaining redress from your bank.Refundee has a strong track record of recovering funds from clients within these types of cases. The administration process can work alongside ours and we are optimistic about recovering our clients funds.
-
If the payment was made from a UK bank account, it may be possible to pursue reimbursement through Authorised Push Payment (APP) fraud rules.
Many UK banks are signed up to the Contingent Reimbursement Model (CRM Code) or are subject to mandatory reimbursement requirements introduced to protect victims of bank transfer fraud.
Refundee are experts within this space and we can explain the process.
-
Refundee is speaking with multiple investors to recover funds through UK banking regulations on a no-win, no-fee basis.
We expect to recover our clients' full losses in the vast majority of cases. As such we are offering a reduced fee of 15%+ VAT per case capped at £10,000 + VAT to help investors get their money back.
If you have invested in Concept Capital Group (CCG) you can complete our claim form for a free assessment to see if you are eligible to recover your funds.
-
Recovery cases typically take around 6–12 months, but timelines vary based on the bank and complexity of the situation.
-
Concept Capital Group has been the subject of High Court proceedings brought by the Financial Conduct Authority in relation to an alleged unauthorised £23 million investment scheme.
The FCA has also confirmed that the company has now been placed into administration while legal action continues.
Investors who believe they may have been affected can seek guidance regarding potential recovery options.
