6 Comments

  1. Vampires
    July 20, 2018 @ 6:51 pm

    I recall my father once telling me “If you don’t buck up your ideas at school, you will end up working on the bins or as a lawyer”

    Nothing changes!

    Reply

    • Stephen
      July 21, 2018 @ 2:01 pm

      I like that!

      Lawyers will be the first against the wall when the revolution comes!

      Reply

    • Stephen
      July 21, 2018 @ 2:31 pm

      I like this comment!

      Lawyers will be the first against the wall when the revolution comes!!

      Reply

  2. Stephen
    July 21, 2018 @ 9:00 am

    One quote from above: “Nor did Mr. Vilka or Square Mile receive any payment from the Blackmore fund or its partner firms regarding Mr. Sexton’s transaction as confirmed by the Czech National Bank which has direct access to Square Mile’s company bank accounts…”

    You won’t see payments from Blackmore to Vilka or Square Mile probably because payments from Blackmore & partner firms went to Lillywhite as explained quite clearly ( http://pension-life.com/not-so-square-mile-and-far-from-lilly-white/ ) by the other reprobate in the picture above, Director of Lillywhite, who was also a co-director of Square Mile until Nov 2017. The CNB would most likely have seen Blackmore payments to Lillywhite (described as “distribution fees) and subsequent payments from Lillywhite to Square Mile (aka Aktiva Wealth Management) and/or Vilka.

    If the Czech National bank hasn’t the intelligence to spot obfuscation when they see it then that’s why these unpleasant people chose that jurisdiction to operate their business of advising people to transfer their pensions into “introducer’s funds” regardless of a person’s best interest, as admitted in the link referenced above. If that isn’t describing a “strong vested interest” then what does?

    Moreover this was NEVER disclosed by Vilka, nor their introducers and “back office service providers”, Aspinal Chase, who by the way also OWNED Blackmore Global! Even a two-bit lawyer and Mickey Mouse Regulators should be able to see what the game is here! It isn’t rocket science – well maybe it is to them. So, if all the CNB did was look at one Bank Account then they are pretty stupid indeed!

    And for the record I didn’t “SEEK Vilka out” which makes it sound like I purposely went looking for him and him alone – it is more accurate to say I went looking for an IFA, came across Aktiva Wealth Management’s website (owned by Vilka) and through an innocent enquiry was then DUPED by Vilka into believing he was a regulated IFA, permitted to give investment advice and transfer pensions – but later told by the FCA, in writing, he wasn’t, and neither Vilka nor his lawyer(s) has ever provided one shred of evidence to the contrary despite numerous requests to do so by me, Angie and the BBC – https://www.bbc.co.uk/news/business-42776709 – he just turns and hightails it to another lawyer!

    So if Vilka wants to compare notes on fraudulent misrepresentation then he should first tell his lawyer the truth and start coming up with some hard evidence – I have a shed load – Vilka has to date, in over two years now, produced NONE – Not one iota!

    It is fair to say, Vilka is the architect of his own reputation – damaged or otherwise. I truly dislike the person and what he stands for and the distress he caused me and the dozens of others, still trapped in the UCIS’s he recommended, with no redress.

    Reply

    • Dominica Company
      July 22, 2018 @ 9:10 am

      Good luck following the introducer payments on this one, the firm has an office registered here in Gibraltar but the ownership seems to be in Dominca.

      http://www.checkcompany.co.uk/director/991630/LILLYWHITE-HOLDINGS-LLC

      Reply

  3. Stephen
    July 22, 2018 @ 1:05 pm

    I don’t intend to follow the introducer payments. The BBC tried to do this earlier in the year and gave up. The journo didn’t have the time to join the dots and his management put him onto other assignments. It wasn’t important enough to spend the time.

    The Blackmore Group Offer Document says on page 13 of 18: “The Board has appointed BG Finance Holdings Ltd as a consultant to carry out various tasks …” It also says on the same page a “management fee is applied to each cell equal to 2.5% per annum of assets under management…” and on page 19 it says: “A subscription fee of 3% of the value of each cell share will be charged and deducted from the subscription received by the Company. The fee can be paid to any introducing Agent or broker introducing investors to the Company …” My guess this “subscription fee” is the commission or as the Lillywhite email linked above calls it the “distribution fee”.

    BG Finance Holdings Ltd. can be found here https://offshoreleaks.icij.org/nodes/10158565 and is a shareholder of Blackmore Global Finance Ltd, registered in the Virgin Islands.

    You can see the obfuscation going on and how money is likely to be paid to offshore “BGFH” for “consultancy services” and then no doubt diverted to Lillywhite via its Dominican Office. Not a penny of it being easily traceable to either Vilka or Square Mile. It isn’t something “ordinary” people like me have the resources to follow but “agencies” could if they had the will.

    Clearly the CNB doesn’t have the will, nor Action Fraud in the UK. The BBC no doubt could have done it but didn’t feel it newsworthy enough to put the effort in – not a big enough story I guess. Blackmore and Square Mile are bottom feeders and not important enough to make headline News – not like British Steel or BHS!

    Just have to live with not being able to follow the trail.

    Reply

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