It promised to make them a fortune in prime German real estate. Yet, on Monday, only a few dozen investors in Brendan Investments Pan European Property (BIPEP) Plc logged in to a virtual annual general meeting of a property firm languishing in liquidation. Fronted by investment advisor and former television presenter Eddie Hobbs, some 800 people had piled into Brendan after a rambunctious roadshow in 2007. In total, it raised €12.7 million from backers to invest in property in Europe, supposedly helping them escape Ireland’s low yields as the Celtic Tiger reached its final period. The Currency has received from…
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