3 Comments

  1. The Troll!
    October 22, 2018 @ 7:01 am

    There’s an inconsistency in the blogs on this site. One writer is writing good informative, well researched factual blogs and the other is churning out same old garbage and labels everyone who expresses an opinion – factual I might add – different from theirs, a troll!

    However, I like this article. I want to add one more fact , regarding one of the companies named above – Blacktower.

    Aktiva Wealth Management – not by the way Spanish – but a Czech Republic company founded 22nd May 2014 and not registered with CNB until 5th May 2015 was, in early 2015, using the license of Blacktower, Netherlands (at the material time trading as Wordlwide Broker Network). Aktiva changed it’s name in June 2015 to Square Mile International Financial and then again to Michalska Holding s.r.o in Nov 2017 – https://drive.google.com/open?id=1BHODVw5ZozsdMYNGOtpSNZ8etzxhPBSA

    Aktiva and then Square Mile were owned by the well known, gruesome twosome, John Ferguson and David Vilka – the former ducking out of the company in Nov 2017. These two worked in tandem with the likes of Phillip Nunn & Patrick McCreesh – owners of Aspinal Chase and Blackmore Global – the opaque unregulated fund well documented on this site. These “chiringuitos” persuaded countless innocent victims, including yours truly, to transfer sizeable proportions of their pensions into Nunn & McCreesh’s own fund Blackmore Global, regardless of people’s best interest and purely for their own enrichment, as evidenced by an email from Ferguson written in 2015 – http://pension-life.com/not-so-square-mile-and-far-from-lilly-white/

    The Dutch regulator has advised me Blacktower, Netherlands licence was restricted to insurance mediation only. The Dutch regulator also advised me that it is not permitted for one company to use the licence of another for their own activities and I can find no evidence of any legal tie between Aktiva and Blacktower. The Letter of Authority they were using in early 2015 fraudulently states Aktiva were registered with the Czech National Bank but that was not true until 5th May 2015 and my pension provider quite happily ignored this, rubber stamped the transfer and handed over a considerable amount of my money.

    Nunn & McCreesh have since tried to “bury” Blackmore Global, the unaudited, unregulated opaque fund and now focus purely on “real estate” in an attempt to present themselves as respectable. They are however offering unregulated mini bonds to fund this real estate venture. Their business model, described in their recently published annual report for Blackmore Bond plc is in my opinion very high risk and not to mention, the company they have teamed up with to promote these unregulated bonds, also has a history of failed ventures. [Aside, one of the recently appointed directors of Blackmore I knew from 2004-ish when I worked at Cognisco and he was a director there. How he went from a respectable IT business to team up with Tweedledumb and Tweedledumber is beyond me].

    Nunn & McCreesh just can’t bring themselves to go the whole hog and set up a respectable, regulated businesses. Nor have they ever been willing to open up the poor relation of the group, Blackmore Global to scrutiny with an independent audit and let us all see what’s inside – flies on a pile of excrement is my guess.

    I have no idea at the present what Vilka and Ferguson are up to unless others who have done “business” with them recently come forward and tell their story but I hold firmly to the old saying regarding leopards and spots!

    Reply

  2. BK
    November 9, 2018 @ 4:39 pm

    I do not know about the other 3, but judging by my experience you should avoid *Abbey Wealth* by all means.

    Reply

  3. david t chapman
    January 14, 2021 @ 10:45 am

    My experience denotes that Devere should be included in this article .Not only were the funds totally unsuitable for a pension because they could not provide a regular income of any worth, having to be encashed to provide an income and were done so using my falsified signature. The pension application itself was ignored in entirety with the Advice Report being used 6.5 months after expiry.
    Keep away from them and their trustee in Malta STM

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *