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EXCLUSIVE – SNIPERS IN CAMBODIA TARGETING EXPATS

In Bangkok boiler rooms, Conmen and Scammers, LM Managed Performance Fund, Platinum Financial Services, scammers, Wolves of Bangkok by Andrew DrummondLeave a Comment

BUT THERE’S NO CAMOUFLAGING WHAT THEY’RE UP TO Former promoters of the crashed Australian based LM Managed Performance Fund have banded together with former boiler room ‘loaders’ and unscrupulous independent financial advisers in South East Asia. And the former LM executives, who helped take nearly £400 million from victims of the LM/MPF Ponzi, have a new multi-faceted get rich quick …

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NEWSPAPER’S FINANCIAL GURU INDICTED BY THAI SECURITIES EXCHANGE COMMISSION

In independent financial advisers, LM Managed Performance Fund, Platinum Financial Services by Andrew DrummondLeave a Comment

BANGKOK POST COLUMNIST ANDREW WOOD AND EIGHT OTHERS WERE ‘TRADING ILLEGALLY’ The personal financial guru of the Bangkok Post has been indicted by the Thai Securities Exchange Commission along with eight other ‘financial advisors’  for operating securities businesses without licences. Andrew Wood, who was afforded a regular financial column in the Bangkok Post’s Spectrum section had an unenviable reputation for …

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LM BOSS GIVEN NEW YEAR DEADLINE –

In LM Managed Performance Fund, Peter Drake, Uncategorised by Andrew DrummondLeave a Comment

LM boss Peter Drake has lost control of all his assets to a bankruptcy trustee, the Brisbane Courier-Mail reports and has been forced to hand his passport in to a Brisbane Court. The newspaper reported Thursday that Federal Court judge Michael Wigney yesterday ordered Mr Drake to reveal every piece of property, share portfolio and bank account to the trustee …

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YORKSHIRE MYSTERY OIL AND GAS MAGNATE FROM CHIANG MAI – UNCOVERED

In LM Managed Performance Fund, Uncategorised by Andrew Drummond2 Comments

 IMPOVERISHED NORTHERN TOWNIES SPOT RED PORSCHE. Has the impoverished village of Nelson, Lancashire, secretly discovered oil and gas? This could be great for a town which Wikipedia says has some of the lowest house prices in the UK, and which was abandoned by the retailers, Tesco Metro, Ethel Austin, Bonmarche, B & M, Iceland, Poundstretcher, Woolworth’s and Argos years ago. …

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FUND SALESMAN WHO SAID LM WAS ‘HIGHLY REGULATED’ DOES A BELATED ABOUT TURN

In LM Managed Performance Fund, Martyn Terpilowski, Peter Drake, Uncategorised by Andrew DrummondLeave a Comment

‘IT WAS A CLUMSY USE OF WORDS’ People who invested in the LM Managed Performance Fund thought their investments was as ‘safe as houses’.  But LM invested the cash in property and the property crashed.  Many also could forgiven for thinking that investing in LM was as safe as investing in a private bank  because that is what they were …

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LM – The crash! And now out come the words, scumbags, tossers and shysters!

In LM Managed Performance Fund, Peter Drake, Uncategorised by Andrew Drummond2 Comments

‘You’ve got blood on your hands’ After trying for four years to get his clients cash out of LM Tokyo based financial adviser Martin Terpilowski watched in horror, but not surprise, as the funds crashed and went into receivership. But the bitterest pill to swallow was being told by LM salesman Martin Vernier:’For once in your life take responsibility for …

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HOW THE MEDIA UNKNOWINGLY COLLUDED WITH LM

In LM Managed Performance Fund, Peter Drake, Uncategorised by Andrew Drummond1 Comment

THIS IS WHAT YOUR IFA WAS TOLD! With thanks to COVERFOTO /Bennett Independent Financial advisers selling the LM Managed Performance Fund were sent glowing references to how well the fund was doing when it was just months away from collapse. Peter Drake the LM supremo sent them press cuttings showing how people were being paid back and how work was …

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ABOUT TURN? ROYAL LONDON 360 FINDS NO PROBLEM WITH LM!

In LM Managed Performance Fund, Peter Drake, Uncategorised by Andrew DrummondLeave a Comment

But this gobbledygook of evasion or rather fundspeak says it all.  Here we go again as another fund provider is tackled by whistleblowing financial adviser Martin Terpilowski – this time its Royal London 360.  Readers might at this stage wonder what language is spoken in the world of finance. I think its call evasion, others might call it, fibs, or, …

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‘WHAT CHANCE DO HONEST PEOPLE HAVE?” – HOW FUND PROVIDERS TURNED A BLIND EYE IN LM SCAM

In Friends Provident, LM Managed Performance Fund, Martin Terpilowski, Uncategorised by Andrew Drummond4 Comments

“THIS IS A DODGE – I SWEAR ON MY LIFE” Fund providers such as Royal Skandia and Friends Provident turned a blind eye to warnings over the dodgy LM Managed Performance Fund despite repeated emails from whistle-blower financial man Martyn Terpilowski – then based in Tokyo. The fund managers attitude to the well being of people who had had put …