4% - 6% P.C.M. Currency Plan

wantanswers

Morning Reaper, 15th is fast approaching, could a bonus be in the offing or otherwise.;)


GT: 15 October 2010:
If there are no applications before the Court in respect of rejected claims, the dividend will be paid by this date. However, if there are applications before the Court in respect of rejected claims, we will be unable to declare the dividend at this time without making a further application to the Court for permission to do so.

SF: Revenue targets based on professionally prepared budgets and a forecast published by 15th October 2010.

le_loup

I wonder if this private correspondence aught to be conducted privately?

missile

I received a letter from an IFA who I have previously used, telling me about some fantastic investment opportunities which have given 86% return over the last twevle months.

When I read

ACT NOW BEFORE IT IS TOO LATE

it went in the bin.

FSA backed (therefore capital safe)

OP, is this your interpretation or did the e mail actually state this?

wantanswers

Phase 1 Reaper, mind you not a bad rate of interest, looks like Farley got something correct.

http://cameronfarley.webforum247.com/viewtopic.php?f=3&t=7&sid=ee63db6b53dde2d333476d3387564e68

JR1971_2

Having being doing some investigations into this over the last 2 years, I've uncovered some interesting details about this and the closure. Not least where the funds have gone!

The overall deficit is as a result of 2 things, firstly the open trades that were not closed properly when the FSA intervened which total around £500k. This is similar to the Cameron Farley issue which I believe is being taken to court by the investors of that particular scheme to recover against the FSA.

Secondly, the offshore investment which was made and accounts for the difference of circa 700k. This was made to this guy:-

As I cannot post links just yet, put www dot then the text below

seychellesweekly.com/September%2012,%202011/top21_final_new_york_case.html


If you google (Text removed by MSE Forum Team) followed by either Seychelles or Tenerife if comes up with some intriguing results. One of the paragraphs in the above links points towards another country taking a closer look into [TEXT DELETED BY FORUM TEAM] affairs. I'd be very suprised if this is not the SFO given the sums of money talked about on some of the Google links and the involvement of Qatari's, bonds and other issues which looks like a large scale scam in which the funds were invested.

wantanswers

Hi JR1971.....

Is it true (Text removed by MSE forum Team) has been jailed????? I think i found the answer JR Quote.

"Darren Upton appeared at Leeds Crown Court on 19th
December 2011. Due to problems with legal aid, the case was adjourned until
27th January 2012, as Upton’s defence counsel had not properly reviewed the
evidence.

it is expected that he will plead guilty."

It appears also he has been made bankrupt.

http://www.fsa.gov.uk/pages/consumerinformation/firmnews/2011/upton_bankrupt.shtml

And we do know he is a creditor of Cameron Farley.

MoneySaverLog

In the words of one of The Dragons....

I'm out.

wantanswers

Well Darren, Good luck for the 27th...in court that is.

Shame you lost money in Cameron Farley, there again you are probably no different to us and yes the FSA did 'screw up' but you might see whitewashed walls and a 'netty' in the corner for your sins....

wantanswers

wantanswers wrote: »

Well Darren, Good luck for the 27th...in court that is.

Shame you lost money in Cameron Farley, there again you are probably no different to us and yes the FSA did 'screw up' but you might see whitewashed walls and a 'netty' in the corner for your sins....

Looks like his luck ran out...

http://www.yorkshirepost.co.uk/news/at-a-glance/main-section/six_years_for_accountant_who_swindled_clients_out_of_tax_money_to_finance_luxuries_1_4227862

heathcote123

I would be lovely if the government could protect everyone from the bad men, but you can't legislate against stupidity.