Ian Beckett Profile picture
Sep 23, 2020 23 tweets 16 min read
@retheauditors @premnsikka @alexralph 1/ The curious case of Grandmaster Flash + The Liverpool Motley Crew. In 2019 TheTimes wrote of the notorious “SKW Investments/Imperium Enterprises” pensions liberation “scheme”, chess grandmaster Simon Williams + chess club chum the …
2/ infamous FSA/FCA IFA Gary Quillan & associates pulling the strings. The SIPPChoice vs HMRC (The tax aspects of the “scheme”) case fleshes out the basics + leads in to yet another case study in FSA/FCA gross regulatory failure, with hundreds of victims both SIPPshitted + …
3/ + facing tax whilst vast amounts were snaffled in “fees” bailii.org/uk/cases/UKFTT… . The court case points to a secretive web that operated both inside & outside of the FSA/FCA’s pitifully small porous regulatory perimeter. Key figures highlighted in the case included ..
4/ FSA/FCA IFA Gary Quillan, Robert John Metcalfe (allegedly a struck off solicitor), henchman William Ross-Jones, “admin/accounts manager” Mark Roberts + SIPP provider “SIPP choice”. Although the court case didn’t pick up on it, the charges are relevant, the initial charge ..
5/ being from a Gibraltar based SPV + later charges from the FCA auth. Capital Bridging Finance Solutions Ltd “CBFS” (now in administration). This wasn’t Mr Quillan’s first rodeo however as he was banned as a director for his japery in a remarkably similar op - the …
6/ KJK Investments Ltd/GLoans Ltd “scheme”, this time with its reported his brother in law running main borrower “Gloans Ltd” & other borrowers being related parties including SKW Investments. ftadviser.com/pensions/2019/… AND ftadviser.com/2015/06/23/reg… AND yourmoney.com/retirement/mul…
7/ The SIPP providers in this case were C&P SIPP, notorious GPC SIPP ftadviser.com/pensions/2020/…, + notorious HD SIPP ftadviser.com/2013/07/04/pen…. Hundreds of victims again were SIPPshitted + taxed. Amongst a web of their property/finance SPV’s run out of 16 Crosby Rd North, Waterloo ..
7a/
8/ Liverpool was Mr Quillan’s Property 4 Students Ltd. The share register boasted an eclectic mix of SPV’s along with (from the start) Michael Thomas Hennigan (also a director of Accelerated Bridging Finance Ltd + shared the same name/D.O.B. as a former UK chess champion).
9/ Along with Mr Quillan as a director was Mark Roberts + as company secretary (+ a founder shareholder) Mr Quillan’s FSA IFA colleague of many years Andrew Simon John Sweeney also a director of infamous minibond op Privilege Wealth Plc run by the notorious Brett Jolly …
10/ thisismoney.co.uk/money/experts/…, the uber notorious Renwick Haddow’s protege . Robert Metcalfe’s (allegedly entwined with the activities of the Liverpool Motley Crew) solicitors SRA disciplinary tribunal makes unpleasant reading, scribd.com/document/47708… ..
11/ s1.2 outlines off-plan student accommodation transactions which were “dubious, risky or bore the hallmarks of fraudulent financial arrangements” and it gets far worse from there. Party to the SKW/Imperium “scheme” was CBFS whose head honcho was Liverpool Motley Crew-mate ..
12/ FCA auth. Paul Dalton. Throughout Mr Metcalfe’s SRA disciplinary tribunal record numerous references are made to a “PD” the “sole director of CBFS” “a bridging finance company” + “PD”’s alleged widespread activities in the law firm allegedly entwined in the activities …
13/ of the Liverpool Motley Crew. The SRA tribunal reports(s 22.1) Mr Metcalfe was “best-friends” with “GQ”. The Liverpool Motley Crew just as with the LCF crew (incl. John Russell-Murphy & his Grosvenor Motley Crew), Blackmore Crew etc … after the effort of chasing marks …
14/ , boiler rooms, lassoing tame FCA IFA’s/SIPP providers etc saw it was time for the FCA’s “easy street” - strapping on Captain Careless & his Scroogle Crew + dancing down the FCA’s red carpet in to FCA minibond mayhem. In 2019 we pondered just how many other notorious …
15/ “minibond” schemes the infamous FCA IFA group “Northern Provident Investments” had a hand in AND . It turns out they had teamed up as well with the Liverpool Motley Crew’s Messrs Paul Dalton & Mark Roberts for the …
16/ Capital Bridge 9% IFISA bonds (aka First NorthBridge bonds) scribd.com/document/47707… - in effect a cash funnel to CBFS + the Liverpool Motley Crew’s activities. Notoriously CBFS was involved in Bury FC with tales of offshore loans, secret 40% upfront loan “commissions”, …
17/ theguardian.com/football/2018/… . Astonishingly it’s reported that around 1/5 of the total lending of collapsed P2P lender #Lendy was to companies controlled by then Bury FC owner Stewart Day bit.ly/3cpnUQ9 AND examinerlive.co.uk/news/west-york…
+ it’s further reported that CBFS ..
18/ was involved additionally in lending to Stewart Day’s companies. Continuing to plug in to the networks that operate both inside & outside of the FCA’s pitifully small porous regulatory perimeter the Liverpool Motley Crew spat out the “Capital Innovative Finance 9% …
19/ Fixed Rate Bonds” with the assistance of Messrs Goldsmith & Ferguson’s (lillywhiteuae.com/the-group) …
20/ “Audacia Capital (Ireland) plc whose offshore fingerprints frequently turn up in peddled bonds. It’s alleged Messrs Goldsmith &/or Ferguson were linked to notorious Blackmore “schemes” redd-monitor.org/2020/07/14/gre… before messrs Nunn & McCreesh danced ..
21/ down the FCA’s red carpet in to FCA minibond mayhem hand in IFISA hand with Northern Provident Investments - just like the Liverpool Motley Crew & “Buzz” from Blackmore’s chum Daron Lee (former CEO along with “Buzz” on the board of XCap Securities Plc - still in special …
22/22 administration) When predictably CBFS was put in to administration the whole pyramid imploded collapsing the Capital Bridge IFISA bonds + one would expect the Capital Innovative Finance Bonds to likely default in due course .. meanwhile the FCA sleep at the wheel.

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More from @ianbeckett

Aug 11
@ArmitageJim @premnsikka - 1/ A corrupt solicitor: ‘Timothy Schools’, who named his firm ‘ATM’ because it was "a cash machine" for litigation awards has been convicted of a notorious #fraud - the £120m #Axiom Legal Financing Fund “Axiom”. Axiom was launched in 2009 as an …
2/ offshore fund (+ its associated ‘fund manager’ - Tangerine Investment Management’ - “#Tangerine”), purportedly providing litigation finance to small UK solicitors firms for low value high volume claims. It was peddled to the UK public & expats widely by a large web of …
3/ @theFCA made men/women & their associated unauthorised cold calling cowboys in the FCA’s SIPPshittery, @TPRgovuk’s pension liberation scams + allegedly ‘wrapped’ (in purportedly ‘insurance bonds’/SIPPs) by the FCA’s ‘Big Fish’ & peddled particularly to older …
Read 18 tweets
Aug 9
#CryptoCrap - 1/ Portugal’s biggest banks are shutting down banking facilities for crypto exchanges, operating in what’s become a crypto ‘Wild West’, driven by Portugal’s(until 3 months ago) tax free status for crypto & ‘few questions asked’ use in property/other major purchases. Image
2/ (euronews.com/next/2022/05/1…). It’s rumoured enormous volumes of crypto of Ukrainian/Russian origin have passed through Portuguese crypto ops & it’s banking system. Portugal’s former ‘tax free’ crypto-crappery & lax #MoneyLaundering rules have attracted in particular …
3/ satellite Ukrainian crypto, support, & software ops - some with a dubious pedigree. Even crypto aficionados from neighboring Spain, which shares a similar climate, started crossing the border into Portugal after their government last year made it mandatory for …
Read 4 tweets
Aug 8
@ArmitageJim @premnsikka 1/ UK’s government investment fund (#FutureFund) largely backed ‘zombie businesses’ (ft.com/content/230fa1…). The #FutureFund was managed by the unaccountable fat-cats at the #BritishBusinessBank (aka British Bank of Wank) “BBB”, whose baboonery … Image
2/ reportedly even extended to forgetting to remove parts of FOI’d documents they had decided to redact before having to publish. Lord Agnew recently railed against the COVID pandemic support scheme baboonery from the toddlers at the Treasury & it’s appendage the BBB, …
3/ extending his concern to the opaqueness surrounding the record of the two dozen ‘lenders’ doling out tax payer money as govt. COVID loan support - many, it’s alleged, doing little to no due diligence. Meanwhile, the BBB’s statutory accounts show they ‘mark their own work’ …
Read 4 tweets
Aug 7
@ArmitageJim @premnsikka 1/ David Ames, patriarch of the Ames clan was convicted of #fraud on Wednesday i.r.o. the infamous £226m ‘#HarlequinProperty’ Caribbean property scam, peddled through @TheFCA’s SIPPshittery & @TPRgovuk’s pension liberation scams (ftadviser.com/regulation/202…).
2/ A hotspot of Harlequin Property scam peddling was the #LCF crews manor, with #LCF’s Spencer Golding’s alleged boiler room including a major Harlequin op ( AND ) + was allegedly linked to #LCF crew-mate & ICAEW man …
3/ Michael Peacock ( AND ). A long term associate of Spencer Golding was #LCF/#MJSCapital’s (+ Masonic mover & shaker) John Russell-Murphy “JRM”. When Spencer Golding’s alleged boiler room was reportedly credit-card blacklisted …
Read 31 tweets
May 2
“The sickening day I lost £125k - Britain’s biggest advice firm (#StJamesPlace) is investigating claims that a 64-year-old investor was misled” In an all too familiar toxic mix of the @TheFCA’s men/women + high upfront commission/fee high risk products … ImageImage
2/ - with a twist: the acquisition **in mid 2014** of FCA IFA Gilruth independent advisors ltd “Gilruth” (renamed after acquisition to Regentia lifestyle planning ltd “Regentia”) by the owner of another FCA IFA (Regency Wealth Ltd “Regency” - an A.R. of St James Place).
3/ Regency was reportedly limited to hawking only St James Place products, but it’s new sibling Regentia reportedly could also hawk anything it wanted to. The client, a 64 yr old mother & widower thought she was dealing with her Regency IFA she had dealt with for many years.
Read 14 tweets
Apr 29
@ArmitageJim @premnsikka 1/ Unsurprisingly yet more allegations of ‘nasty niffs’ from the wild west of @TheFCA’s #Emoney/#FX scene - ‘ FCA authorised money transfer/FX op #LinkFX plc hit with £5m alleged fraudulent payments lawsuit by the liquidator of a purported construction … Image
2/ staffing agency’ (aka ‘payroll op’) #WittsServices Ltd (shutdown by HMRC). The liquidator alleged that : 1. the sole director of Witts Services was a car mechanic with no history as a company director or in construction. 2. LinkFX knew little to nothing about … Image
3/ Witts Services’ business or the £8m of transfers Link FX was making on its behalf allegedly to a Cricklewood (North London) pub landlord ‘Austin McGovern’. 4. LinkFX was aware that Witts Services had no known source of funding & was generating “extraordinary large income …
Read 8 tweets

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