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Kevin McCloud’s eco housing investors told to expect loses of up to 97%

Small investors who have sunk millions of pounds into the eco-friendly building business of Kevin McCloud, one of Britain’s favourite property show presenters, have been told they could lose up to 97 per cent of their money.

Mr McCloud, who has presented Channel 4’s Grand Designs for two decades, has promised investors returns of up to 9 per cent a year from his Happiness Architecture Beauty (HAB) companies.

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