Century land and KM Asset holdings

Londonliving82

Hi, my father lost a lot of money acquiring green belt land from century land. He has now received a letter from KM asset holdings. They have said that if he pays them £2,800 (so that they can take over as asset manager of this land) then they will send him £28,000. They arranged for the PRA to speak to me (number matched the PRA’s phone number) but apparently I can’t call them back to verify. Companies house shows Anatol KALETSKY (a well known economist) & his film director wife Fiona Murphy as directors and major shareholders. Anyone else receive a letter like this?

kangoora

Tell them to send him £25,000 and they can keep the extra £200.

Sounds like a fraud recovery scam to me, others will comment soon.

https://www.fca.org.uk/scamsmart/recovery-room-scams

Xbigman

Of course it's a scam. How exactly are they going to get 28,000 out of green belt land if it can't be built on. Simple answer, they aren't. 
Your father is on a suckers list now. Tell him to expect more calls like this.


Darren

bowlhead99

Londonliving82 said:

 They arranged for the PRA to speak to me (number matched the PRA’s phone number) but apparently I can’t call them back to verify. 

The PRA (Prudential Regulation Authority) is the regulator of banks and building societies in the UK and would have literally no interest in speaking to you about a land deal.

If you mean the FCA (Financial Conduct Authority) which regulates other types of financial institutions such as investment firms and financial advisors - so at least have something to do with investments - they would likewise still not speak to you about a land deal or your fathers transactions with unregulated entities.

Anyone who says they have arranged for you to speak to a government body to help convince you to send cash to 'release' the property you think is valuable, is having you on. Your father, having been involved in a green belt land scam, is simply on a list of potential willing targets for future scams from people offering to help him recover his losses in exchange for more money up front.

Londonliving82 said:

 He has now received a letter from KM asset holdings. 

Also, the fact that the name on the letter is a company owned by an economist and film director, does not mean that the company is actually that company. If I was looking to scam you I could easily pull the company name, address and registration number of any company off the Companies House website (from a choice of over 4 million) and put it at the top of a letter, without that company knowing I had done it.

Pokersmash10

I have had the same - my father invested £488,000 - the deposit request is £12,212 - I think it smells but I would be interested to hear if anyone else has had contact / experience of dealing with these people?

Albermarle

I have had the same - my father invested £488,000

My God that is a lot . Has he lost it all ?Have the police been involved?

donmarks

This IS a scam. They're trying it with diamond investments too. They have someone posing as a PRA agent, such as and often Mr David Balsham. I have spoken to both Mr. Balsham and the Bank of England (which the PRA is a part) security people to confirm this. Their dial back number is computer generated to be the same as the Bank of England and they push you to speak to them as they know it's nigh on impossible to get through to someone that knows what is going on. Information has been passed to the FCA.

Victim1000

It’s a scam. They don’t have a website, they don’t like to send emails, they block their phone number, they’re pushy (but well-spoken/convincing), and they’ve registered a false company at Company House using the name of a well-known and reputable Economist as their Director.
If you have transferred money to their account (Mr T John?) contact your bank and request a Chargeback Claim.....you might be able to get your money back.

lynniem15

Londonliving82 said:

Hi, my father lost a lot of money acquiring green belt land from century land. He has now received a letter from KM asset holdings. They have said that if he pays them £2,800 (so that they can take over as asset manager of this land) then they will send him £28,000. They arranged for the PRA to speak to me (number matched the PRA’s phone number) but apparently I can’t call them back to verify. Companies house shows Anatol KALETSKY (a well known economist) & his film director wife Fiona Murphy as directors and major shareholders. Anyone else receive a letter like this?

Did you find out if it was a scam ? 

doe808

lynniem15 said:

Londonliving82 said:

Hi, my father lost a lot of money acquiring green belt land from century land. He has now received a letter from KM asset holdings. They have said that if he pays them £2,800 (so that they can take over as asset manager of this land) then they will send him £28,000. They arranged for the PRA to speak to me (number matched the PRA’s phone number) but apparently I can’t call them back to verify. Companies house shows Anatol KALETSKY (a well known economist) & his film director wife Fiona Murphy as directors and major shareholders. Anyone else receive a letter like this?

Did you find out if it was a scam ? 

Of course it's a scam.

Tredins

This is 100% absolutely a scam, please do not send them any money.  It is a classic recovery scam, probably perpetrated by people connected with the original scam. I was contacted recently by this company ( & several others ) regarding money I lost in a Binary Options scam in 2017. They can not recover your money & have nothing to do with the PRA. I have made some enquiries and have it from a reliable source that K M Asset Holdings is a scam company. These people are parasites & should be exterminated.