20 Comments

  1. Libellous
    May 31, 2018 @ 6:17 am

    This is just libellous.

    Many people, for many years, have enjoyed Spongebob Squarepants and his friends. To see him associated with this is awful.

    Reply

  2. Stephen
    May 31, 2018 @ 6:39 am

    A good blog. No punches pulled. However your picture in the centre isn’t right. The victims weren’t “High Net Worth” or it wouldn’t be a scam. It should have read (imho) “Turning Low Net Worth Individuals” into “Zero Net Worth Victims” or maybe “Negative Net Worth Victims” …. but that’s just me being picky ….

    Reply

    • Angie
      May 31, 2018 @ 9:24 am

      That’s a fair point. Thanks – I’ll change it.

      Reply

  3. Prawn head
    May 31, 2018 @ 8:23 am

    Wonder why did you remove some blog post and comments about Claudia ? Did she bribe you . ?

    Oh ! you proved Claudia didnt communicated with you. As she didnt communicate this emotional events with you !

    You are not more than a black mail blogger , i think

    Reply

    • Angie
      May 31, 2018 @ 9:23 am

      I’m not black. And your English is terrible. Innit.

      Reply

    • Stephen
      May 31, 2018 @ 9:38 am

      Angie is actually Caucasian femail ….

      Reply

      • Angie
        May 31, 2018 @ 9:39 am

        you missed out the word “gorgeous”!

        Reply

  4. John Rogers
    May 31, 2018 @ 7:09 pm

    Another bunch of scammers! There must be a virus going around. Pity that they can’t be spotted as easily as the “Walking Dead” but we are getting better at that .
    Interestingly, I was contacted by one of the Holborn Assetts lot shortly after CWM was closed down. Lost interest after she found out how little was left in my fund. By that time I had become a older, sadder but wiser too.
    Holborn Assets – I truly hope that you get what you deserve.

    Reply

    • Itamar Engelsman
      June 1, 2018 @ 11:28 am

      Hi John, that’s interesting, I was also contacted by Holborn Assets after Angie went public with our details. Nice conversation, sent me some details how great they are doing, but when I showed them my investments after 4 years stand at 94% (thank God not much lower) I did not hear from them yet again. Hope and pray that Angie will succeed something for us.

      Reply

  5. Cheesed Off
    May 31, 2018 @ 8:03 pm

    @Stephen

    I will use an anon account as I work for a firm of advisers, not yet mentioned here. Not yet, so far!

    I can see a pattern here. Angie/Stephen or anyone else can correct me but this is what I “think” is happening here.

    1. Investor gets ripped off or thinks has been ripped off
    2. Complains to adviser
    3. Adviser rejects complaint, maybe with good reason or maybe not
    4. Investor contacts local regulator and is not happy with reply
    5. Investor contacts Pension Life
    6. Pension Life has a go (and some) on website
    7. Supposed guilty party ignores it
    8. Pension Life piles on the pressure.
    9. Supposed guilty party engages with Pension Life and all blogs disappear
    10, Blowhards attack with lawyers. Suspect Pension Life has evidence for allegations (jury out on that).
    11. Lawyers do not follow up in view of evidence.
    12. Blog stays up.

    Is that a true flow of events? Happy to be corrected.

    I work in this industry and could do without these blogs. Surely, there is a better way to sort this out.

    Reply

    • Angie
      May 31, 2018 @ 9:46 pm

      TBH, you’ve hit the nail on the head. Look, brokers can screw up. But some do so very occasionally (and then put things right) but others do so routinely over a period of some years. But Holborn Assets has done so repeatedly over a period of some years and simply ignore the problem – presumably thinking that the victims will just go away quietly and “get over it”. Only by giving the negligence and fraud and oxygen do we bring them to the table.

      Reply

      • Dreamer
        June 1, 2018 @ 8:08 am

        And do you think Spongebob Parker will come to the table? Dream on!

        Reply

        • Angie
          June 1, 2018 @ 8:51 am

          We’ll see. But he must surely be bright enough to know that now everyone knows he is a sniveling coward?

          Reply

      • Itamar Engelsman
        June 1, 2018 @ 11:31 am

        Every investor by him/herself is powerless. Only thourh someone like Angie who combines all the complaints into one big attack on the investment Company is there any chance of success. Maybe the chance is small, but it is a chance, more than we would have by ourselves.

        Reply

  6. Jackson Pollack
    June 5, 2018 @ 3:03 pm

    This is interesting in that it is incorrect in one major aspect – Holborn have made an offer to the client – you advised they do not take it !
    Seem to missed that bit out.
    Just as importantly, why have you missed this story.
    DeVere USA settles $8m SEC case

    http://www.internationalinvestment.net/regions/us/devere-usa-settles-8m-sec-case/

    Many believe you are paid by thses guys, does seem strange that you do not blog about them but strike out at their competitors GWM and Holborn

    Reply

    • Angie
      June 6, 2018 @ 12:03 am

      Even if this were true – how would you know? Anyway, it isn’t true. And I didn’t miss the deVere story – am in London in back-to-back meetings.

      Reply

  7. John, of course it is
    June 7, 2018 @ 5:44 pm

    To be fair you’re only highlighting what decent IFA’s already know and already work on fixing. I’ve met a few ex CWM clients and the situations are horrific. Extremely bad advice handed out and the client is the only one to suffer.

    There’s a few more out there also offering inappropriate advice. I won’t go into detail because the worlds largest financial advisors have better lawyers than me.

    I do agree you’re focused on particular companies and not surprised someone has queried whether you’re on the books of another firm, refer to my comment above.

    We all know their advice ranks amongst the worst on the market and everything they do is aimed at lining Mr Blue’s pockets. If you’ve never found something to blog about that company then it worries me you’re not looking in their direction at all.

    Overall though a good article and certainly from a clients perspective all things mentioned they need to consider.

    So congrats on the article, well written, but you need to look closely to company referred to above…… you know who I mean.

    Reply

    • Angie
      June 8, 2018 @ 12:14 am

      Thanks for the comment. I reiterate that it is not all about what I do publish but about what I don’t publish. If you were to follow my blogs, you will see quite a lot of them mysteriously disappear. There’s a reason for that. And it isn’t because I am getting some folding stuff but because compensation is getting negotiated and agreed – in a dignified and confidential manner. I write my blogs not just to name and shame individuals and firms, but also to bring them to the table. When asked respectfully and politely, I always remove my blogs. However, sometimes the odd firm will take me for a fool and think that once I take a blog down they can then walk away and the blog won’t come back up again. But guess what – my blogs are made of rubber!

      Reply

  8. Question
    June 11, 2018 @ 6:14 am

    @Jackson

    There is an inconsistency here. You state that an offer was made and rejected. If that is true, then why is there a statement on this blog saying the money was paid.

    Who is telling the truth here?

    Reply

    • Angie
      June 11, 2018 @ 6:29 am

      Mrs. Broadfoot did indeed receive some derisory offers and these were rejected because they came nowhere near making up for the damage that Bob Parker and his merry men did to her pension. No money was ever paid, although I am informed that Bob Parker has lied to his staff and told them that he paid her £150k.

      Reply

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