10 Comments

  1. Stephen Sefton
    March 31, 2018 @ 12:46 pm

    Well. Kenneth “Buzz” West looks like an honest businessman. I wonder if he really knows what he has taken on. This begs the question, why would you take on a business that rips off innocent savers? I might just send him my “story” and see what he does next.

    Reply

    • Angie
      March 31, 2018 @ 12:47 pm

      That will save me the trouble 😉

      Reply

  2. Malthusian
    March 31, 2018 @ 2:31 pm

    “Careless looks to have an unblemished past” – well, other than being behind a multi-level marketing company that BehindMLM described as “a recruitment driven pyramid scheme” ( http://behindmlm.com/companies/legalcare-review-recruitment-driven-legal-service/), and went bust in 2015.

    And planning to launch a second multi-level marketing company that, in its own words, uses the same business model – see my comment on BehindMLM.

    Then there is an allegation elsewhere on the Internet about a dangerous driving incident during his time as a Sevenoaks police constable, but I haven’t been able to substantiate that.

    Reply

  3. Malthusian
    March 31, 2018 @ 11:35 pm

    And I failed to mention the most relevant fact – Surge also runs the investor call centre for London Capital & Finance, which has exactly the same business model as Blackmore Bond.

    Whether they run any other outsourced contact centres for providers of unregulated minibonds is not known. Either way, the fact that Surge works for Blackmore Bond is not an isolated case.

    Reply

    • Stephen Sefton
      April 2, 2018 @ 6:30 am

      @Malthusian, I have a couple of questions: –
      a) How do you know Surge runs the investor call centre for London Capital & Finance? I cannot find evidence
      b) How do you know Surge works for Blackmore Bond? ie there is a business relationship and not just that Careless is a personal friend of the director(s)/employee(s)?

      Reply

      • Malthusian
        April 5, 2018 @ 12:33 pm

        I don’t have any evidence, but it was alleged by a potential investor who rang London Capital & Finance’s investor call centre, and it seems extremely unlikely that someone would make it up. http://forums.moneysavingexpert.com/showthread.php?t=5346049&page=9

        Surge is a marketing company for financial services providers. Finding a potential sponsorship beneficiary to wear a company’s logo is marketing. There’s no suggestion Surge was working for free, even if their directors are mates.

        Reply

  4. Stephen Sefton
    April 1, 2018 @ 6:34 am

    OK. So it begs the question why Kent Police approved him as a sponsor in the first place?

    Reply

  5. Stephen Sefton
    April 2, 2018 @ 4:16 am

    http://behindmlm.com/companies/legalcare-review-recruitment-driven-legal-service/
    https://www.consumeractiongroup.co.uk/forum/showthread.php?388765-Legalcare.co.uk-BEWARE-Sting-In-The-Tail!!!!/page4
    https://bondreview.co.uk/2018/03/30/the-curious-tale-of-blackmore-bond-plcs-bait-and-switch-sponsorship-of-a-police-rugby-team/

    says it all really.

    ps. Bait-and-Switch by the way is a marketing tactic often considered dishonest where a firm advertises a product at a really low price to attract customers only then to present those customers with a “similar product” at a higher price. In this context, with sponsorship of the Police Rugby Team, it has been used analogously because the only discernible reason why sponsorship application is made by one company only to request a switch to another after approval is obtained, is a “similar deception” – why not make the application for Blackmore in the first place – a question implied by BondReview? I guess we will never know.

    However, given the shed load of hard evidence I have (and many people have seen, including all the actors in the case of my mis-advised pension transfer) on the deceitful practices by Tweedledum & Tweedledee to appropriate innocent people’s pensions, their use of a “Bait-and-Switch” tactic is not hard to accept. You would however, expect an ex-policeman to have higher standards and integrity than to engage with them in this.

    Reply

    • Stephen Sefton
      April 2, 2018 @ 6:36 am

      the !!!!/page4 is part of the link but it seems wordpress has erroneously decided it is not so if you click that link you start at page 1 and there are many pages but Mr. Careless adds to the thread on page 4. I was on page 4 when I copied the link.

      Reply

  6. Stephen
    June 19, 2018 @ 4:31 am

    Update: 19/6/2018
    According to the Blackmore Group Annual Return, Intro, page 2, last para, ( which you can access from here https://beta.companieshouse.gov.uk/company/10273135/filing-history ) Surge Financial Ltd are “sourcing new investor funds” for the Blackmore Bond and getting c. 20% for it in what they call “distribution fees” which in my opinion is essentially a euphemism for “commission”, which of course they aren’t allowed to call it since the RDR of 2012!

    This means it looks like Nunn & McCreesh have outsourced the job, that was previously done by Aspinal Chase, to Surge Financial Ltd.

    Aspinal Chase directors and employees have attempted to eradicate all evidence of their involvement in the company (unsuccessfully I might add because I have hard evidence of their participation in the mis-advised transfer of my pension) because it directly linked them with the investors of their own unregulated fund, Blackmore Global, even though they made fraudulent misrepresentations in writing they never had contact with, or knew who were, the beneficiaries of Blackmore Global – claiming all investors were institutions and not retail clients. They mistakenly believed the offshore QROPS, placing the investment instructions, was sufficient to shield them from any knowledge the beneficiaries were retail clients since it was unlawful to promote this fund to them.

    By outsourcing the recruitment of investors they break that link. However, you can’t eradicate the evidence that they were fully aware of, and complicit in, the unauthorised transfer of retail pensions into their unregulated collective investment, in a business arrangement with Square Mile International Financial (owned by Lillywhite), as evidenced by an email Angie published: http://pension-life.com/not-so-square-mile-and-far-from-lilly-white/

    More detail here on the scam here: … https://write.as/scam-victim/the-scam

    I would love to engage in a dialogue with investors of the Blackmore Bond – especially if bought by transferring your pension- and were sold the bond via Surge Financial Ltd. I am keen to get another piece of the new puzzle and find out who the IFA(s) was/were? You can contact me through Angie.

    Reply

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