Investors lose thousands as resort scheme goes bust

UP to 200 Irish people have lost between €15,000 and €50,000 each because a Bulgarian apartment complex property deal they bought into has gone bust.

Dublin-based agency, Platinum Developments, which sold the apartments, wants to take over the contract and finish the complex in partnership with another building firm.

The overseas property agency has vowed to fight to save a €6.5 million investment made by hundreds of people in the development.