Julian Hanson – why pension scammers must be prosecuted. And jailed. BARRATT AND DALTON PENSION SCAM: The Pensions Regulator has announced that on 23 January 2018, four pension scammers have been ordered to pay back £13.7 million they stole from their victims. BARRATT AND DALTON PENSION LIBERATION SCAM: 245 victims had their pension funds stolen […]
Julian Hanson – why pension scammers must be prosecuted Read More »
Fenner Moeran QC, of Wilberforce Chambers, for Dalriada Trustees in the High Court Beddoe proceedings in June 2017, sought the court’s permission – using the term “sharp stick” in his pleadings – and directions to use the Ark victims’ funds to force them to repay their Ark MPVAs. Beddoe proceedings: arguably (apparently) Dalriada could have
FENNER MOERAN QC AND THE SHARP STICK (Ark debARKle) Read More »
BLACKMORE GLOBAL; NUNN McCREESH; SLATER & GORDON; PENSION SCAMS Blackmore Global is a UCIS (unregulated collective investment scheme) which is illegal to be promoted to retail, UK investors. The fund is run by Philip Nunn and Patrick McCreesh (formerly of Nunn McCreesh – the lead generation and cold calling firm which introduced around 8,000 victims to
BLACKMORE GLOBAL; NUNN McCREESH; SLATER & GORDON; PENSION SCAMS Read More »
London Quantum pension scheme – trustees Dorrixo Alliance (Stephen Ward) toxic investments. London Quantum is a pension scheme whose trustee was a firm called Dorrixo Alliance run by our old friend Stephen Ward. That name will, of course, send a chill down the spines of many pension scam victims. Since 2010, Ward had been involved
LONDON QUANTUM (DORRIXO ALLIANCE) INVESTMENTS Read More »
Bye bye Tinky Winky. Good luck and have fun at LGPS! His next challenge will be to lead by example and ensure negligent ceding providers compensate their victims whose pensions were transferred into scams. And he can start with LGPS as a shining example so the rest can follow. As Tinky Winky sails off into the sunset
AWT’S NEXT CHALLENGE: NEGLIGENT CEDING PROVIDERS – STARTING WITH LGPS Read More »
The Pensions Regulator has sent out a clear message in the Johnsons Shoes case where an employer failed to comply with its legal obligations regarding workplace pensions: Our message is clear: fail to comply with the law and you may be fined. This was clearly the right course of action for the regulator to take
THE PENSIONS REGULATOR’S PLANS TO FINE PENSION SCAMMERS Read More »
Zero Tolerance approach to pension scams It is rare for me to want to copy somebody else’s work, but Dalriada Trustees’ Neil Copeland wrote a very good piece on 20th December 2016 about three “hurricanes” which hit us this year: Altmann, Brexit and Trump. With an astonishing degree of imaginative and creative inspiration, Neil referred
As Easy as A Zero Tolerance approach to pension scams Read More »
JUSTICE MORGAN’S MAD MISTAKE (IN THE HIGH COURT OF JUSTICE, CHANCERY DIVISION) This judgement makes the law not just an ass, but a whole herd of donkeys. Dear Justice Morgan I refer to your judgment in the matter of Donna-Marie Hughes and Royal London Mutual Insurance Society Case Number CH/2015/0377 on 19th February 2016.
The 487 Ark victims have gone through pure hell since the Pensions Regulator appointed Dalriada Trustees to the Ark schemes. First they discovered from Justice Bean in the High Court that the scheme was a “fraud on the power of investment” and then they discovered that HMRC were going to try to tax loans at
Dalriada Standstill Agreement for Ark Scheme Victims Read More »
TRAFALGAR MULTI ASSET FUND (SUSPENDED) After the disasters of failed pension schemes Capita Oak, Henley and Westminster (aggregate of £20 million lost to over 500 victims through investments in Store First store pods – wound up by the Insolvency Service), there are now concerns about the suspended Trafalgar Multi Asset Fund of £20 million. The
Trafalgar Multi Asset Fund Read More »
THE WAY THE PENNINES PENSION SCAM WORKED Members were targeted by “Cash From Pensions” and persuaded to transfer into Pennines to get an “unconnected loan” once they had transferred into the Pennines scheme which was invested in Hedge Capital. The scheme is now in the hands of Dalriada Trustees. There were around 143 victims with
Pennines Pension Scam: How it worked Read More »
HOW THE LONDON QUANTUM PENSION SCAM WORKED The London Quantum pension scam was the brainchild of Stephen Ward. Ward’s firm Dorrixo Alliance was the trustee and administrator of the scheme. Dorrixo was also trustee for a number of other pension liberation scams such as Headforte and Southlands which were used for “loans” when Evergreen got
London Quantum Pension Scam: How it worked Read More »
