AIM company misleads & scams investors

Malthusian

The OP also wrote that they were expecting their £100,000 inheritance to generate a return of £10,000 a year which they needed to live on permanently.

Thankfully nobody in the ensuing thread wrote facetiously "you could always try gambling on oil and gas exploration AIM shares as it might return 10% a year or might lose all your money". The OP seems to have come up with this idea by themselves.

Lungboy

The OP also wrote they weren't eligible for disability benefits due to their amount of capital, but disability benefits aren't means tested, so something isn't quite right.

dividendhero

Brian65 wrote: »

How much has Woodford put in

Woodford couldn't get his unquoted companies on AIM and had to resort to the Guernsey stcok exchange - Speaks volumes of how dire Woodford's unquoted investments were :eek:

Malthusian

Lungboy wrote: »

The OP also wrote they weren't eligible for disability benefits due to their amount of capital, but disability benefits aren't means tested, so something isn't quite right.

They did say they get £212 a month PIP but that's it. ESA stopped when they received the inheritance.

https://forums.moneysavingexpert.com/discussion/comment/73481520#Comment_73481520

the_OP_in_November_2017 wrote:

Since then,my mental health has deteriorated considerably. I have borderline/unemotionally unstable personality disorder,where I can get paranoia,have agitated fits and take reckless risks with money.I also suffer with acute anxiety and depression.Most worryingly,my memory is deteriorating and my psychiatrist is testing me for early onset dementia.

(NB: leeds loiner and sexyscorp are the same person)

The OP was considering appointing an attorney in Nov 2017 but evidently decided to carry on managing their own finances.

doe808

Aretnap wrote: »

It's fairly obvious that the OP has got out of his depth investing in microcap companies in industries that he doesn't understand (didn't want to pay an adviser, so got free advice from pumpanddump.com, or similar) and has lost a large chunk of his investment - I only hope that his investment wasn't his whole inheritance.

It's even more obvious from his replies on this thread that he is only interested in hearing what he wants to hear... which means he will be easy prey for the sharks who will be circling and promising that of course they can get his money back, for the right fee. So he stands a good chance of losing the rest of his money to the sharks, and there's probably little we can do about it. Oh well, easy come easy go I suppose.

Was going to post somthing similar, but you've summed it up better than I could.