Michel Dadoun and the Salem Network
Strength of lead: Strong — bankruptcy, criminal conviction of associates, young successor, pattern of substandard conversions
Summary
Michel Dadoun, Shooter’s main development partner and the principal behind United Properties London Ltd (Gold Wynn’s UK partner), was declared bankrupt in February 2024. His business partner Joel Salem and likely wife Judith Robinson-Dadoun were convicted for illegal flat conversions. Control of the £200M+ Gold Wynn development partnership has passed to Dadoun’s 24-year-old son. Multiple Dadoun/Salem companies are in receivership or administration.
Key Facts
Dadoun Bankruptcy
- Case: BR-2024-000088, filed 5 February 2024
- Mass resignations: 5 November 2024 — resigned from 7+ companies simultaneously
- 44+ total appointments across three Companies House officer IDs over ~30 years
- Under UK law, an undischarged bankrupt cannot act as a company director without court leave
Source: Caseboard
Joel Salem & Judith Robinson-Dadoun Criminal Conviction
- February 2024: Convicted for illegally converting 52 Fortune Green Road, Camden into seven substandard flats
- Fined £350,000 + £247,011 costs
- Judge found “high culpability”
- Both defendants had “concealed” their true financial worth from the court
- Joel Salem (born 1959, Finchley) — Dadoun’s most long-standing business partner, co-directors across 12+ companies since 1997
Succession: 24-Year-Old Son Takes Over
- Gabriel Shimeon Dadoun (born January 2001) appointed director of United Properties London Ltd on 29 October 2025
- Became 75%+ PSC (Person of Significant Control)
- Rabbi Moshe Dadoun (born October 1952, Israeli national) served as interim director from 11 November 2024 to 1 March 2026 — likely Michel’s father
- A 24-year-old now controls the company that is Gold Wynn’s UK development partner for projects with over £200 million in combined GDV
Source: Companies House
Platinum Riverside — Receiver Action
- 198-apartment development in North Greenwich, SE10
- Joint venture between Dadoun and the Salem brothers
- Company status: Receiver Action
Company Transfers to Isaac Salem
- Isaac Salem (born December 1957, Joel’s brother) was appointed director at 9+ Dadoun companies following the mass resignations
- Two waves: 5 November 2024 and 10 January 2025
Sephardi Community Connection
- Dadoun chairs trustees of Porat Yosef Synagogue — Sephardi-Moroccan Orthodox congregation in Hendon
- Nephew Dayan Avraham Yaakov Dadoun sits on the S&P Sephardi Beth Din
- Family has deep roots in London’s Moroccan Sephardi community
Source: Jewish Chronicle
Strategic Value
- Shooter’s closest development partner going bankrupt while projects worth £200M+ are ongoing raises serious questions about project viability and investor protection
- The Joel Salem / Judith Robinson-Dadoun conviction for illegal flat conversions creates a pattern — Shooter’s own companies were convicted of HMO offences, and his main partner’s associates were convicted of illegal conversions
- A 24-year-old with no visible track record now controlling Gold Wynn’s UK partner is a governance red flag
- The “concealment” finding by the judge regarding Salem/Robinson-Dadoun’s financial worth is particularly damaging
- The Dadoun bankruptcy combined with the BYM Capital collapse means Shooter’s two main external business relationships both ended in financial distress