A shocking revelation has come to light regarding Nottinghamshire-based Gallant Building Services, a company that has allegedly defrauded investors of millions of pounds. According to a whistleblower, the company's directors, Chris Lightbody and Scott Bithel, along with Jonathan Lightbody, have been running an elaborate Ponzi scheme that has left over 50 individuals and families financially devastated.
The whistleblower, who wishes to remain anonymous, claims they were lured into investing in Gallant Building Services and its subsidiary, Gallant Engineering, by Chris Lightbody and Scott Bithel under the false pretense of a secure, short-term loan arrangement. Despite the company’s bank account being frozen and being under investigation by Barclays Bank for suspicious transactions, the directors continued to solicit investments, providing false information about the company's financial health. It has been revealed that these funds were misappropriated for personal gain and are no longer present in the company's accounts.
Chris Lightbody has a documented history of fraud, having previously been the chief fundraiser for VST Enterprise Limited, another scam operation. Now, he has repeated his tactics with Gallant Building Services, with his brother Jonathan by his side. Together, they have orchestrated a fraudulent scheme, deceiving countless individuals who trusted them. Evidence indicates that they used multiple platforms to solicit investments for their so-called Samsung Aircon and Travelodge project, promising investors insurance-backed guarantees. These promises were nothing more than a facade to attract more unsuspecting investors.
The whistleblower provided evidence showing how funds meant for business use were diverted for personal expenses, including extravagant holidays, luxury cars, and high-end events like the F1 Grand Prix in Monaco and Singapore. Furthermore, the Andretti family, a name synonymous with motorsports prestige, was used as bait to lure investors. Gallant touted the Andretti family's involvement as shareholders to add a veneer of legitimacy to their scheme. However, the Andretti family withdrew from Gallant in September 2024, raising serious questions about what they may have uncovered.
Despite this withdrawal, Gallant continued to mislead investors, claiming the company's relationship with major brands like Samsung and Travelodge. The reality, however, is a web of lies and deceit. With their official bank accounts frozen and no “summer project” as claimed, Gallant's financial situation was dire. The whistleblower's loans were never used for legitimate business purposes but instead funded the personal gain of Chris and Jonathan Lightbody and sustained a Ponzi scheme that robbed investors of their life savings.
One investor's family member tragically revealed, "This is a devastating blow to our family. We have lost everything."
As the whistleblower states, "I was completely deceived by these individuals. I never thought they would do something like this."
With Gallant Building Services and Gallant Engineering now in administration, an investigation has been launched to trace any remaining funds, liquidate the company, pay back creditors, and pursue any criminal convictions. The situation has already driven at least one investor to attempt suicide, illustrating the severe impact this scam has had on its victims.
The whistleblower urges other victims to come forward and report their experiences to the authorities. "I cannot bear the thought of more families being destroyed by these unscrupulous individuals. It is imperative that Chris Lightbody and Scott Bithel are held accountable for their actions and are prevented from harming anyone else."
This is a direct message to Chris Lightbody, Jonathan Lightbody, and Scott Bithel: Your actions have hurt your community, friends, and those who trusted you. You have caused immense suffering by running an elaborate Ponzi scheme. You used the Andretti family's name to give your operation an air of legitimacy and continued to solicit investments even when Gallant was under investigation. You took investors' money and used it to fund your extravagant lifestyle.
Why did you continue to solicit funds under false pretenses? Why did the Andretti family pull out as shareholders in September 2024? What led to the freezing of Gallant's bank accounts after transferring money to them? Why did Jonathan Lightbody hastily sell off his assets as this debacle began to unfold? It’s time to come forward and face the consequences of your actions. Justice will prevail, and you will be held accountable for the lives you have destroyed.
The whistleblower and many others welcome the thorough investigation into Gallant Building Services and its directors. Police investigations are currently underway to examine the allegations of fraud and criminal behavior against those responsible.
If you have invested in Gallant , please contact exposelightbody@tutamail.com
