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 »
The BSPS dilemma for steelworkers is clearly difficult with very little time to consider options and make a wise decision which will affect them for the rest of their lives. There’s a whole team of willing voluntary professional advisers trying to provide some guidance to help people avoid making the wrong decision. This team includes eminent
BSPS – Pension Dilemma for Steel Workers Read More »
STM Fidecs needed a safe Harbour. And now they’ve got one – but is it really safe? LETTER TO ALAN KENTISH – CEO OF STM FIDECS: Dear Al, hope you are well. I’m not anticipating a response to this because I know how difficult it must be to type emails when you’re wearing handcuffs. However,
STM FIDECS – SAFE HARBOUR FOR ALAN KENTISH Read More »
SCAMS AND SCANDALS SYMPOSIUM – PART OF THE TRANSPARENCY TASK FORCE: WEDNESDAY 15TH NOVEMBER AT THE OFFICES OF IG GROUP, 12.30 TO 5PM Pension and investment scams and scandals are a blight on financial services and saving for retirement. The energetic and inspired campaign by Darren Cooke of Red Circle successfully raised awareness of the
SCAMS AND SCANDALS SYMPOSIUM – TRANSPARENCY TASK FORCE 15.11.17 Read More »
Regulators and scammers; cops and robbers; cowboys and indians. Each has their role: cowboys fire their six shooters and dodge the injuns’ arrows valiantly; cops drive their police cars at breakneck speed to corner the robbers in a dark alley; regulators waggle their flaccid willies and watch the scammers walk all over them. In the
REGULATORS AND SCAMMERS Read More »
Investors are likely to have lost all their money in Premier New Earth Recycling fund – now in liquidation. The liquidator is Deloittes and they can’t say much, if anything, about what is happening as they are looking into the possibility of claims against third parties and don’t want to prejudice any possible action. Rather
PREMIER NEW EARTH RECYCLING FUND IN LIQUIDATION Read More »
The Serious Fraud Office has asked victims of the Capita Oak, Henley, Westminster and Trafalgar Multi Asset Fund scams to make a report so that these crimes can be investigated. But I am urging all victims of ALL scams to also make reports to the SFO, please. This story was first published by
SERIOUS FRAUD OFFICE REQUESTS PENSION AND INVESTMENT SCAM REPORTS Read More »
Gambling is a very strictly controlled industry – and rightly so. Every individual jurisdiction has its own gambling or casino licenses which are usually very expensive and onerous to obtain and keep. Where large amounts of cash change hands every minute, it is obviously important to impose strict conditions and ensure that regulations are complied
GAMBLING WITH YOUR PENSION Read More »
https://www.gov.uk/government/consultations/pension-scams/pensions-scams-consultation So what makes a pension or investment scam? Unfortunately, the scammers don’t wear “I’m a fox” teeshirts, and the victims don’t know the questions to ask and even if they did, they probably wouldn’t understand the answers. Only by looking at individual case studies can the public learn what to look out for –
Government Consultation on Pension and Investment Scams (The Square Mile) Read More »
John Ferguson, Square Mile Financial Services http://www.lillywhiteint.com/about-us.html I am worried about the whereabouts of John Ferguson of Lillywhite International and Square Mile Financial Services (Czech Republic). The last I heard he was boarding a long-haul flight on 23rd November 2016 to an unknown destination. His solicitor assured me Mr. Ferguson would get back to me
