4 Comments

  1. Phil & Eileen Gardner
    April 7, 2020 @ 5:01 pm

    Great Angie We are still here and with you and just prey we eventually get Ward in court and done.

    Reply

    • Angie
      April 8, 2020 @ 12:01 pm

      Don’t worry – Ward will be in court. Sorry it wasn’t yesterday, but it won’t be too long – as soon as the courts reopen they will give us a date.

      Reply

  2. Vivienne Tolson
    April 8, 2020 @ 7:22 pm

    Thank you Angie for the update. Keep safe.
    xx Vivienne

    Reply

  3. Stephen
    April 23, 2020 @ 5:39 am

    I am fascinated by this “disloyalty” offence. I must look into it further. I hadn’t heard of this. I must see if there are any cases using this in the UK.

    Just out of interest, Blacktower (Netherlands) – mentioned above – used the trade name Worlwide Broker Network in 2015. Aktiva (later named Square Mile International Financial – the Ferguson/Vilka [mis-]advisory firm domiciled in the Czech Republic but now defunct) used the regulatory licence of Blacktower (Netherlands) in early 2015. I made enquiries and was told by the Dutch regulator it was not permissible for one company to use the licence of another.

    Aktiva was not regulated by the Czech regulator until May 5th 2015 but was claiming, in January 2015, (on LoA’s they were sending to victim’s ceding providers) they were regulated – by the Czech National Bank – which is was an irrefutable lie but claimed they were also working under the Dutch licence – which is not permitted.

    But my ceding provider fell for it – this was just one of the charges I levelled at them in my successful Ombudsman case.

    In 2015, two years after the Pensions Regulator launched their Scorpion campaign, pension trustees/administrators were required to carry out due diligence on the transfer and share their concerns with members requesting transfers. Mine couldn’t even spot fraudulent misrepresentations on the LoA!

    It’s these kinds of details victims need to document when making complaints against ceding providers. Little things that robust and compliant procedures would have revealed had trustees done their job!

    However, what I am discovering – from the facebook group at any rate – is people just make wild assertions with no supporting evidence. They run around in circles shouting “fraud” or “scam” and put 2 and 2 together and get 5. This is not the way to fight scammers.

    Hard evidence of wrongdoing is the only way to get the upper hand and “disloyalty” is a fascinating charge that I am sure should be easy to prove – if the description of it above is accurate and a couple of precedents can be referenced. I must look into this.

    Reply

Leave a Reply

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