Deeper into the swamp that was Ethos Global, a little birdie has told us that their Cambridge studio closed (allegedly) because they owed over £100k in rent - the bailiffs moved in.
We dont know if this is true but it makes sense.
So whilst Crowdcube were lauding the massive success of Dr Theo and his wife in Cambridge, they were (allegedly) all of the time sitting on an undisclosed debt of £100k plus. You might ask where were the Crowdcube DD dept? As usual out to lunch.
Surely they cannot survive yet another mess like this?
When does a fundraising pitch become fraud?
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