Month: January 2020

Scammers at CWM destroyed 1,000 victims' life savings totaling £100 million. CWM was shut down in 2017 when the scale of their crimes became too embarrassing for OMI, SEB and Generali to tolerate any longer.

CWM Criminal Trial 24th February 2020

The routine “sale” of insurance bonds (whether the clients need them or not – which 99% of the time they don’t) is illegal in Spain. Undoubtedly this will be similar or identical in other jurisdictions. The Spanish Supreme Court has ruled that insurance bonds are invalid for the purpose of holding investments. But still the scammers continue to flog them indiscriminately – purely for the fat commissions.

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