To add, we also only have Raymoth's word there was any investment to start with. Conversely, companies house records don't back up their word. The company of Cooper's that began liquidatIon in 2010 was only set up in 1999. So if any investment was made to Cooper's property portfolio in the early 1990s then it must have been to a different company of his. Except, there is no property company that he was associated with pre-1999, according to companies house records, and Raymoth has already stated the investment was made with the company that failed in 2010.
Meanwhile, notice how Raymoth's story has changed in the course of this. In TSP, the story goes:
"Trusting enough that when an opportunity arose to make an investment in one of his companies we took it, putting in a substantial sum. The company with which the investment was made eventually failed, leaving a number of unpaid debts. The suggestion that we owed money had crept in insidiously. At first we ignored it, but over time Cooper became insistent that, owing to the structure of the agreement, we were liable to make payment towards those debts."
In summary: they made an investment, the company failed, debts were owed, Cooper claimed the Walker's were liable as investors.
In her recent statement, however, the story now goes:
"In The Salt Path I describe a financial dispute with a lifetime friend, who I call Cooper to protect his family.
In the early 1990s, Moth (not "we") made an investment in Cooper’s property portfolio (not "company"). When the investment was due to mature, Cooper claimed it had failed due to low occupancy (not due to "failed company"). However, we later discovered this was not the case. When we raised this with him, he conceded and although he couldn’t at that time, he promised he would eventually pay us back (still no "failed company" or no "debt owing to the structure of the investment agreement").
In 2008, we asked for the money back. He said he didn’t have it but offered us a loan through his company. We agreed (finally, a debt that was agreed). Because the loan was coming from his company, he said it had to follow the company’s standard loan terms: 18% interest, which he would cover, and a charge on our home in his name. He assured us this was standard practice and only temporary as he would soon repay the loan to his company, and the charge would be removed. We were uneasy, but after so many years, it seemed like a way to finally resolve the issue. We trusted that Cooper would honour his word and repay the money to his company, as repayment of our original investment."
But he didn’t return the money to us or his company (so they got no money?? If so how did they pay back Hemmings?) and the charge against our home wasn’t removed. Instead, he used the charge on our home to pay off his business creditors. In 2010, his company went into liquidation." (no "the suggestion that we owed money had crept in insidiously.")
In summary, in this newer version: they made an investment, Cooper lied about the investment making money, the Walkers found out and asked for their investment back, Cooper gave them a company loan against their house, he didn't pay the company back (so basically pocketed the loan), the business failed, Cooper passed the Walkers' debt to his creditors, and they called it in.
Compare with what the documentary evidence says:
Cooper set up his first property company in 1999, he loaned TW approx £100,000 with a charge against the house, his company went into administration and then liquidation beginning 2010, Cooper transfered TW's debt to his creditors, they called the debt in, Cooper provided a witness statement that the loan was to settle criminal allegations of Mrs Walker's, the creditors took possession of the house.