YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL

Pension Life Blog - YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL - OMI - inappropriate structured productsROLL UP! ROLL UP! ME HEARTY SCAMMERS!  OMI’S LATEST STRUCTURED NOTE SCAM IS ONLY AVAILABLE UNTIL SEPTEMBER 28TH SO GET A JIGGLE ON WHILE STOCKS OF THIS TOXIC CRAP LAST!  WE ARE PROUD TO OFFER OUR VALUED SCAMMERS YET ANOTHER INVESTMENT SCAM

BY OLD MUTUAL INTERNATIONAL.

This wonderful investment scamming opportunity with OMI, is open to all scammers – you need no qualifications and don’t have to be regulated.  If you want a bit of training in how to sell this rubbish inappropriate structured product to as many victims as possible, we can give you a quick five-minute whisper behind the bike shed.  But, trust me, it is easypeasylemonsqueezy – just lie.  Tell the victims about the “guaranteed 10% return” bit, but don’t tell them about the “capital at risk” bit.

Pension Life Blog - YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL - OMI - inappropriate structured productsSo, what are you waiting for?  You’ll earn 8% by selling your victims a useless OMI “PORTFOLIO” bond (don’t mention this is illegal in Spain) and then a further 8% from selling this toxic, high-risk BNP Paribas structured note (rubbish inappropriate structured product) which will tie your victims in for six years.

This will give you plenty of time to explain away the losses as “only secondary market values” or “only paper losses”.  And by the time your victims realise what you’ve done to them, you’ll be long gone.  And most of them will commit suicide anyway, so they won’t be coming after you any time soon.

BNP Paribas has a good reputation as being an ethical, solid company so that will certainly help you with sell these inappropriate structured products.  Just remember, tell the victims as little as possible about this product and hide the commissions you will earn – they will never find out and by the time their life savings have all gone up in smoke you will be sunning yourself on a Caribbean island, far away from the misery of those whose retirement income you will have destroyed.

If the victims are ever organised enough to band together and form a group action, I’ll just promise to pay redress for their losses, organise a meeting and then cancel it at the last minute.  That ought to buy you enough time to make your getaway.

Happy scamming – smiley face.  Love from Pete

p.s. BTW, don’t worry about the email below the Mad Woman of Spain has sent out – most of the new victims will never have heard of her and by the time they do, it will be too late.  You’ve only got until 28th September to scam as many suckers as possible, so don’t just stand there – SCAM AWAY ME HEARTIES!

p.p.s. Don’t worry about my quote about inappropriate structured products – I was just lying (something I’m pretty good at).  With the announcement of new regulations in Malta for QROPS, International Adviser has quoted managing director of OMI (soon to be Quilter) Peter Kenny: “Old Mutual International is encouraging all market participants to help rid the industry of inappropriate structured products”

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ATTENTION PAUL EVANS – Head of Region – Middle East & Africa
Old Mutual International (International Structured Scam Specialists)

[email protected].com

1st September 2018

Paul, are you completely mad?  OMI has been offering and buying inappropriate structured products for years and facilitating financial crime by scammers such as Continental Wealth Management.  OMI bought £94 million worth of fraudulent notes by Leonteq – which paid the scammers an extra 2% in commission.  So you must have been accepting business and investment instructions from other scammers besides CWM for at least six years between 2012 and 2016 – as well as for years prior to and subsequent to this period.

And now you are offering more structured notes so scammers can line their pockets and ruin more victims?  Read your own marketing material Mate:

“An autocall product with a six-year term paying at least 10% a year in USD or at least 7% a year in GBP. This is a capital at risk product.”

You are a pathetic and revolting human being.  Which bit of CAPITAL AT RISK don’t you understand??  OMI has already disgraced itself by offering, buying and selling these totally inappropriate structured products – scam products -, and caused millions of pounds’ worth of destruction to innocent victims’ life savings.

You, Peter Kenny, Steve Braudo and Paul Feeney are all as bad as each other – and none of you should be working in financial services.  Your conduct is utterly sickening: you are now proposing to ruin more lives and you still haven’t paid compensation for the lives you have destroyed already.

How much commission are you paying the scammers on these toxic products?  6%?  8%?  10%?

Instead of behaving with decency and dignity and honouring Old Mutual International’s promise to pay redress for OMI’s past failures, you are now preparing to launch a whole new tranche of financial crime and inappropriate structured products.

You are all disgusting and this needs to be exposed and all of you outed for the evil scum you are.

Angie

From: Paul Evans – Old Mutual International <[email protected]>
Subject: Competitive, transparent, simple – new tranche of structured products

2 thoughts on “YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL”

  1. Ah, guess what I found? This really irritates me I have to say. The FCA and Action Fraud are utterly impotent and useless in my opinion.

    It appears the two spivs reported here: https://pension-life.com/square-mile-international-financial-services-qualified-and-registered/ and also here: https://pension-life.com/serious-violation-of-investors-trust-by-investors-trust-life-office/ are operating under the brand name of Aston Advisory Services here: http://astonadvisoryservices.com/

    In the footer you will discover they work with Angie’s besties: OMI, Investors Trust, and LillyWhite, the latter reported here https://pension-life.com/not-so-square-mile-and-far-from-lilly-white/ as being not so Lilly “White” but described as a grubby shade of grey ….

    AND it appears selling Angie’s favourite product: Stuctured Notes via regulated firms listed on their page here: http://astonadvisoryservices.com/structured-notes/

    One thing to note, those firms listed, are authorised by the FCA to deal with clients types “eligible counterparties” – whatever that means – and “professional”. Doesn’t look like they are authorised to deal with “retail clients”. I wager these structured notes will get sold to “retail clients” via the usual useless intermediaries like OMI or Investors Trust using Life Assurance Bonds that drain your investment in charges and provide zero added value other than to “fool” the providers of the structured notes they are trading with “professional clients” – but I bet it doesn’t fool anyone really. I wager everyone knows the plan. Certainly the Life Offices must surely know the bonds have no value whatever to the individuals they get sold to but is nothing more than a cash cow to the Life Office for zero risk.

    That’s how these operations are orchestrated. It makes an awful lot of money for the intermediaries but no one else! It’s money for old rope. Do your research or it will end in tears, trust me! Barge Poles spring to mind ….

    It seems the Structured Note has become the New Black! Exit stage left the old favourites like car park spaces, storage pods and the like, and enter the “Structured Note”.

    It is also to be noted that the website says Aston Advisory Services is a “brand name” of Square Mile Financial Services who, by the way, are limited to Insurance Mediation ONLY, everywhere in the EU including the UK – I guess until March 29th 2019 when all bets are off presumably – who knows?

    They are, therefore, not authorised to give investment advice or advise on pension transfers. So the advice YOU get MUST be from a properly authorised FCA adviser and not the infamous David Vilka who isn’t FCA regulated for investment advice or pension transfers. If you do NOT get advice from an FCA authorised adviser you will NOT get access to the FCA Compensation Scheme or Ombudsman Services when things go tits up – as I discovered the hard way!

    Do not fund their trips to Vegas! If it looks like a spiv, talks like a spiv and dresses like a spiv then guess what ….

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