It was announced that a police investigation might take place after the closure of the Tywardreath shop in two weeks, owing to the residents about £500,000 in total.
It was revealed on January 14, Monday, that the shop in the village close to St. Austell had suddenly closed. It was funded by loans from the local “pledgers” to the shop owners Josh Taylor and Trudy Thompson.
The villagers had pledged thousands of pounds of loans which include life-saving. This also includes a local who gave £100,000 to the shop owner Trudy Thompson to keep the shop open. However, the shop’s previous owner put it on sale in 2016 and most of the funds were never paid back.
Ms Thompson and Josh Taylor who resigned as a director last October 2018 own the common ownership of the shop under the endorsement of Ms Thompson’s company Hunter Grange Investments Ltd.
A county court decision was brought by a local resident which ordered Ms Thompson to repay the loan last December. The other applications of the court for repayment of loans are anticipated to follow.
A sign on the shop’s door was displayed, saying that the shop will be temporarily closed from January 14, Monday, to give their staff a well-earned break and that the building will be undergoing some needed maintenance. The owners appreciated the continuous support for the shop and they apologize for the inconvenience that it had caused.
However, nobody in Tywardreath believed that the shop will open again.
One of the residents said that Ms Thompson must return the shop back to the village since the residents paid for it.
The Cornwall and Devon police have released a statement that says an investigation might happen.
In addition, a spokesman has said that the Cornwall and Devon police received nine referrals related to the Tywardreath shop village from the Action Fraud.
The spokesman also said that these referrals are now being reviewed and a decision will be decided if a wider investigation is needed to occur.
He also added that they are unable to comment on the allegations as of the moment.