I made an investment with Plutus Investment Group LLP ("Plutus") but the investment was not made. I negotiated a settlement agreement with the Plutus founder, Mohammed Jamal for the repayment. Whilst two immaterial partial payments were made, there is no intent to repay the full debt.
I intend to serve a Statutory Demand under the Insolvency Act 1986 requiring payment within 21 days. I will present a winding up petition to the Insolvency and Companies Court. If you, or anyone you know, is owed money, I am happy to share information about the winding up petition process and how to join as a supporting creditor at no additional court fee. Multiple creditors supporting a single petition significantly strengthens the case. Please reply to this post.
From my direct personal experience and from publicly available information I have established concerns about Mohammed Jamal that can be independently verified.
1 Mohammed Jamal Bankruptcy
On 27 July 2020, a bankruptcy order (reference BKT5108096 ) was made against Mohammed Jamal as evidenced on the London Gazette and the Land Registry Summary of Title.
2 Breach of section 11 of the Company Directors Disqualification Act 1986
Companies House records confirm that Mr Jamal was active as a director whilst being an undischarged bankrupt, breaching section 11 of the Company Directors Disqualification Act 1986. This is a criminal offence carrying a sentence of up to two years imprisonment. This matter has been reported to the Insolvency Service.
3 County Court Judgements
Mohammed Jamal has been subject to seven County Court Judgements whilst Plutus has been subject to three County Court Judgments, establishing a clear pattern of business practice. CCJ reports are available.
4 Companies House non-compliance
There are widespread non-compliance issues across Mr Jamal’s estate of companies at Companies House. Mr Jamal has 45 appointments at Companies House: 13 separate First Gazette notices for compulsory strike-off, 19 companies have been dissolved, one in liquidation, multiple companies with missing or overdue accounts, multiple instances of PSC reporting delays. A report is available on request.
5 False accounting
Plutus has only ever filed accounts showing nil balances, despite substantial evidence of business activity. My contracts are with Plutus. A report is available on request.
6 Possible “phoenixing” activities
Within Mr Jamal’s estate of companies there are 17 dissolved companies that have an average lifespan of 1.7 years. There is a pattern of companies with similar names being created. A report is available on request.
7 Reports to Government bodies
I have reported Mr Jamal to Companies House for non-compliance, to HMRC for corporation tax evasion, to the Insolvency Service for breach of S11 of CDDA 1986, false accounting and phoenix activities and to the FCA and Fraud Action for fraud and misrepresentation.
8 Previous winding up petition
A previous winding up petition was filed against Plutus Investment Group LLP at the High Court in March 2025 (see attached report). The company remains active, suggesting that the petition was settled, a pattern consistent with a debtor only paying when put under duress.