Regulator acts after ‘illegal’ airport parking scheme collapses

Investors were told paying £20,000 to acquire places at Gatwick and Glasgow would bring returns of 12%Investors who put their money into an airport parking scheme that went into liquidation earlier this year are hoping for compensation after the Financial Conduct Authority announced it was taking legal action against those behind the scheme.The Park First scheme, which collected more than £230m from thousands of people, offered returns of up to 12% to those who invested £20,000