4 Comments

  1. Colin mcalorum
    June 16, 2018 @ 10:49 am

    I had invested in this scam / but don’t know what to do

    Reply

  2. Dave Leuchars
    June 21, 2018 @ 12:34 pm

    I’m dealing with a client who was an investor in Trafalgar multi asset, through a QROPS, with the advisor based in Gibraltar, who, predictably, has ceased trading. It has been an absolute nightmare working this case. My poor client has never left the UK but is saddled with a QROPS, so there’s clearly a claim there.

    The Gibraltar financial services have been very nice and friendly when I’ve spoken to them, but ultimately useless. The compensation scheme they have in place has a limit of 20,000 euros, a pretty paltry amount, and, incredibly, don’t offer compensation for QROPS, the one product they see more of than anything I’d expect. So what would have been a clear uphold in the UK gets dodged in Gibraltar- how convenient.

    So this limits my customer to claiming directly to STM (which I’m not holding my breath for) and the outside chance of a claim to the FOS, although after speaking to them they aren’t clear if it would be covered or not. I’ve not had the “pleasure” to deal with the Gibraltar financial services before and this has been a real eyeopener; Gibraltar clearly offers little to no protection and my client has only an outside chance of compensation they should clearly be entitled to. The whole thing, to be very understated about it, absolutely stinks.

    Reply

    • Dave Leuchars
      June 21, 2018 @ 12:58 pm

      Not sure if you’ll allow an external link but couldn’t help but share this-

      https://www.lumendatabase.org/notices/16050818#

      Seems like James Hadley is a big fan!

      Reply

  3. Mariam
    October 22, 2018 @ 1:03 am

    I invested huge amount of money into Trafalgar Multi Asset in December 2017 through QROPS , got the link from a friend in Gibraltar , my account was being managed by Harry clover. i monitor the trade once in a while but all of a sudden , that the trade seized and stopped working, i complained about the current situation to the man in charge , he told me to invest more money that the trade will come back live online , which i had a second thought about adding more money, it makes no sense investing more more when i have not gotten anything out of my previous investment. so i demanded for all my money to be returned back to me, then he stopped replying my messages,that was when i knew something was wrong. my curiosity and desperation led me to a recovery expert who eventually helped me to get my money out. A very big thank you to him at quickee.discovery AT YANDEX DOT COMM , i can only vouch for this guy, he is reliable and trustworthy.

    Reply

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