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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 Drummond

‘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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LIES, LIES AND MORE LIES – HOW LM PLAYED FOR TIME

In LM Managed Performance Fund, Martyn Terpilowski, Peter Drake, Uncategorised by Andrew Drummond

AN EXCRUCIATING EMAIL EXCHANGE BETWEEN LM AND A FINANCIAL  ADVISER If there can be any doubt that directors of the company and salesmen of the product were lying their heads off then the following long series of emails from an adviser trying to get his clients’ money back will put an end to them. Martyn Terpilowski had succeeded in getting …

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CONVERSATIONS WITH A FUND MANAGER PART I – TO LIE FOR THE ‘GREATER GOOD’

In LM Managed Performance Fund, Martyn Terpilowski, Peter Drake, Uncategorised by Andrew Drummond

Today in conjunction with Lindell Lucy’s excellent website ‘Rape of Hong Kong’ which is dedicated to exposing fraudsters in the financial industry we start publishing the email correspondence between Martyn Terpilowski, and Peter Drake, who headed up the disastrous LM Funds which were nurtured in Australia and sold to unwitting expats throughout the Middle East and South East Asia. Martyn …