In my weekly hunt for the next firm to feature in my ´qualified and registered?´ blog series, I came across an advisory company that caught my attention: The Imperius Group, run by a fella named Tim Blogg, who claims to have retrained 25 years ago to offer pension and investment advice to expats. Regular followers […]
Don´t put your trust in The Imperius Group Read More »
Humour me – you may consider me to be naive – but I believe that the ills of financial services (especially offshore) can be put right. All it takes is for the ethical stakeholders to outlaw the unethical ones. Yes, it will be a bit like something out of the Old Testament – but I
WANTED: MAGIC FAIRY TO CURE WHAT’S WRONG WITH FINANCIAL SERVICES OFFSHORE Read More »
Old Mutual International filed a High Court application on 16th March 2018. On 20.3.18, Old Mutual obtained a judgment in the High Court of Justice of the Isle of Man (Case Reference 18/0012). His Honour The Deemster Doyle, First Deemster and Clerk of the Rolls delivered his determination to OMI’s lawyer, Elizabeth Simpson of Simcocks.
OLD MUTUAL INTERNATIONAL V LEONTEQ CASE MOVED TO LONDON Read More »
One of the hundreds of Continental Wealth Management victims stuck in a useless and expensive SEB Life International bond, and ruined by crippling investment losses, has made a detailed complaint to SEB. Some idiot from SEB called Orla Golden has replied – and the response is astonishing. Below are my answers to this ridiculous rebuttal.
SEB LIFE (OR DEATH) – WILL THE CENTRAL BANK OF IRELAND BRING THEM TO JUSTICE? Read More »
International Investment has written a jolly good article about the recent action taken by the UAE Insurance Authority – headed up by His Excellency Ibrahim Al Zaabi. I quote from Gary Robinson’s article: “In a statement on the Arabic version on its website the IA has issued a circular confirming the suspension (of Holborn Assets) for a
UAE REGULATOR DOES A BIT OF REGULATING Read More »
From 2010 up to the present day, Old Mutual International has been facilitating financial crime by allowing scammers to misuse and abuse OMI “life bonds” to scam victims out of their life savings. The victims of the CWM scam are still wondering how the hell they lost an average of 60% of their life savings.
Old Mutual International (OMI) facilitating financial crime Read More »
Generali has responded to one of the complaints by CWM victims. I have transcribed it below and put my comments in bold. First, let us look at what Generali says on its own website. It is utterly astonishing as it is a complete pack of lies and does nothing to prove it was not facilitating
GENERALI WORLDWIDE – FINANCIAL CRIME FACILITATOR Read More »
OLD MUTUAL INTERNATIONAL HYPOCRISY OVER NEW MALTA REGULATIONS OMI’s Peter Kenny advises the industry to “keep calm”. He obviously wants to be able to keep flogging these useless, pointless and exorbitantly expensive insurance bonds to thousands of innocent victims. With the announcement of new regulations in Malta for QROPS, International Adviser has quoted managing director
Keep Calm: Just avoid OMI/Quilter Read More »
SEB – DESTROYING LIFE SAVINGS – accepting business and investment instructions from unlicensed scammers. SEB Life International Assurance offers so-called life assurance policies to expats living in Spain. SEB claim that their policies are straightforward and help investors to construct investment portfolios specifically to individual needs. The truth is, life assurance policies with SEB destroy life
SEB – DESTROYING LIFE SAVINGS Read More »
One small stumble for the Isle of Man – one giant leap for victims of OMI and CWM. We never thought the litigation against the scourge of financial services – the insurance giant Old Mutual International – was going to be easy. And we knew these negligent and greedy firms would try every trick in
OMI AND IOM DEFEATED BY SPANISH COURT Read More »
A fine journalist at International Investment reports that Old Mutual International is taking legal action against Leonteq. She reports that this action is being taken on the basis that Leonteq lied about commissions paid to advisers for using high-risk structured notes. This news is, of course, very welcome news – especially if it succeeds in securing
OMI SUES LEONTEQ over undisclosed commissions Read More »
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” (Really?) In their 2017 annual report, rogue structured note provider Leonteq has reported “GROWTH ACROSS ALL REGIONS – Driven by positive client sentiment and solid demand for structured products”. I have no idea what sort of claptrap Marco Amato, CEO and CFO of Leonteq, thinks he is spinning in the 2017
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” Read More »
