John (Gus) Ferguson’s firm, Square Mile International, is clearly not exactly square – and Lillywhite is a grubby shade of black. For once, I don’t have to write a blog myself – as Mr. Ferguson of Square Mile has written it for me. I did, however, have to resist the temptation to correct Fatty’s appalling […]
NOT SO SQUARE MILE – AND FAR FROM LILLY WHITE Read More »
James Hay, the first UK SIPPS provider, could face tax charges of up to £20 million from HMRC, related to the Elysian Bio Fuel investment scam (sorry: scheme). Elysian Bio Fuels, which owned a bioethanol plant in the US and a renewable fuels refinery in the UK, was also used by other SIPPS providers such
James Hay + Elysian Bio fuel = Pension Liberation Scam Read More »
There are many different types of pension scam – just as there are many types of genuine pension scheme. This can sometimes make it difficult to tell the difference so we are her to help you inform you about, what is a pension scam. Fortunately, there are some common tell-tale signs that mean you could
What is a Pension Scam? Read More »
Debbie Abrahams takes a stand in parliament, raising the question of, “how many more pensions scandals does she (Esther McVey, Secretary of State, Work and Pensions) need before she introduces the robust regulatory oversight needed to protect peoples’ pensions for the future?“ Debbie Abrahams (pictured) has been a Member of Parliament for Oldham East and Saddleworth
Why are so many working people losing their pension funds? Read More »
HAVE YOU HEARD OF PAUL HERD? HE’S AT ELITE WEALTH MANAGEMENT. Before joining Elite Wealth Management, Paul Herd was with a firm called MFS Partnership – which went belly up. Now, I have never run a financial advisory firm. If I had a fanciful idea of starting one, I probably wouldn’t know where to start –
HAVE YOU HEARD OF PAUL HERD? HE’S AT ELITE WEALTH MANAGEMENT. Read More »
BBC Radio 4’s You & Yours reports on three victims of a pension investment scam called Blackmore Global, two of whom were cold called by David Vilka of Square Mile International Financial. The three victims were persuaded to transfer their funds from secure company pensions into QROPS (Qualifying Overseas Pension Schemes). The victims have since struggled
BBC 4’s You & Yours Exposes Blackmore Global Pension Scam Read More »
STM Fidecs has played its “get out of jail free” card, avoided January’s court hearing and agreed to “cooperate” with the Gibraltar Financial Services Commission (GFSC) – allowing auditors Deloitte to probe STM’s dirty books. I was more than a little miffed because I was looking forward to a nice day out in Gibraltar. I
STM FIDEC’S VARIOUS NEFARIOUS BOOKS Read More »
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 »
Structured notes – say NO to them if an adviser wants to invest your pension in them. They are high-risk investments which are for professional investors ONLY – and not for ordinary retail investors – especially pensions. Say NO to structured notes for pensions! Structured notes have been used as pension investments for some years.
Say NO to structured notes for pensions! Read More »
QUILTER – A NEW HOBBY FOR OMI? OMI – Old Mutual International – needs to compensate thousands of victims of financial crime which they facilitated. I can’t make up my mind whether they are adopting the brand “Quilter” to attempt to shake off their sordid and toxic past, or whether they are actually taking up
QUILTER – A NEW HOBBY FOR OMI? Read More »
OMI – Old Mutual International (Quilter), SEB, ZURICH, GENERALI, FRIENDS PROVIDENT, ZURICH INTERNATIONAL, RL360 AND HANSARD INTERNATIONAL. They are all as bad as each other. They rip their clients off, charging them huge fees and commissions, tying them into useless, pointless products for years. These LIFE OFFICES – which cause the death of many life savings
OMI – AND OTHER GRIM REAPERS Read More »
The Serious Fraud Office has written to Frank Field – Chairman of the Pensions Select Committee. The SFO was responding to Frank’s request for details about pension fraud cases prosecuted by the SFO and about the fraudsters’ various scamming techniques. It is obviously essential to recognise and understand these techniques so that police authorities, regulators,
Pension Scams: Investigations and prosecutions by SFO Read More »
