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Sally McConkey, of Cross Street, Sandown, set up a petition last week urging local authorities to take action because she says the town is currently in the worst state she has ever seen it.
The Carlauren Group owned the Auckland House Hotel on the Isle of Wight and had spent several years promising to develop the Ocean Hotel and Kings House in Sandown when it went into administration.
Administrators were appointed with a remit to investigate the disappearance of more than £50m of investors’ money. There have been five police investigations into the company, with three arrests made in March 2024.
Below are articles relating to Carlauren Group.