A good friend of mine was only yesterday telling me of his troubles he banks with natwest some 8 years ago his company unknown to him was handed over to global restructuring and a long side his mortgage ran up a bill £169000 he's only just last week had a letter wiping it all out seems they all at it !!!
UK ACORN,FARM FINANCE,DES PHILLIPS,BEWARE!!!!!
- Thread starter Acornworm
- Start date
Acornworm
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- the edge of sanity
Williams appeal lodged 22nd February apparently.
Tellyhandler
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- Herefordshire
Peter Williams appeal has been lodged. Not to have appealed would have been a direct admission of guilt .
Those who abuse others never admit to or take responsibility for their actions.
Applies to the lot of them
Acornworm
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- the edge of sanity
Hands up,read that totally wrong,but certainly take your point @Tellyhandler .Certainly seems your view is erring towards the psycopath rather than my flawed genius theory.
Acornworm
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- the edge of sanity
Well certainly no flawed genii amongst the rest of them.
matthew
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- Location
- Cornwall, SW England
LA LA Land?
Acornworm
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- the edge of sanity
Yeah and they also won't be winners.
Acornworm
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- the edge of sanity
Not shrewd enough it would appear.Certainly leaves the SRA with a bit of a quandary should he be successful ,do they then take all the information offered and carry out a much wider investigation.
Give him enough rope and hopefully his 'guilt' will be further exacerbated which could help prise the door open to the benefit of others trapped in the Acorn/DVJP/ PRW scandal.
I can understand the desire of PRW not to go down without a fight, hopefully the SRA will stand firm.
I'm wondering if PRW's Professional Indenity Insurance is standinding with him on this or could he be 'hung out to dry' in the way he left others?
https://www.theyworkforyou.com/whall/?id=2017-02-07a.63.1
The Connaught fund was set up in 2008 and collapsed in 2012. A related case, Connaught v. Hewetts, was heard in the High Court in July last year. Evidence in that case indicated that Connaught had all the hallmarks of being a dishonest enterprise from the start. Instead of gathering funds from a range of investors and lending them on to a wide range of borrowers, the fund made all its loans to a single group of companies, the Tiuta Group. Tiuta immediately started to use the Connaught loans to pay off existing loans and to bankroll dubious projects already sitting on its books.
ring any bells?
The Connaught fund was set up in 2008 and collapsed in 2012. A related case, Connaught v. Hewetts, was heard in the High Court in July last year. Evidence in that case indicated that Connaught had all the hallmarks of being a dishonest enterprise from the start. Instead of gathering funds from a range of investors and lending them on to a wide range of borrowers, the fund made all its loans to a single group of companies, the Tiuta Group. Tiuta immediately started to use the Connaught loans to pay off existing loans and to bankroll dubious projects already sitting on its books.
ring any bells?
Dog catcher
Member
Williams appeal not confirmed by S R A
Her Majesty's Inspector of Constabualy report on Avon & Somerset Police ( fraud excluded ) another whitewash
Her Majesty's Inspector of Constabualy report on Avon & Somerset Police ( fraud excluded ) another whitewash
Acornworm
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- the edge of sanity
Clever move by Kirsten Oswald MP to get this into the debate on the funding of the SFO,she is chair of the APPG looking into Connaught. Seems the interest is where Capita stand on this,after all they were effectively overseeing this,and of course they carried out due diligence on the specialist partners who were lending the investors money ...........................or did they.Perhaps they just checked out UK Acorn Finance Ltd (a newly formed company at the time) and didn't make the connection with the twice bankrupt,criminally convicted fraudster who was lending the money.
I know your description of him in the generally accepted sense as a farmer is not intended as an insult to genuine farmers.
The fact is he was responsible for the loss of the 'family farm' irrespective of claims I've seen elsewhere that he in fact still farms it. His career went from farmers son - bust > agricultural contactor - bust > fencing specialist bust > self proclaimed financial miracle worker - I am lacking the eloquence necessary to describe this shambles.
Acornworm
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- Location
- the edge of sanity
Aren't we all
Acornworm
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- the edge of sanity
Yes it is,appeal no CO/954/2017. Presumably if he doesn't get the result he requires it will then go to judicial review,so this is probably the start of a two year fiasco,unless of course he gets his collar felt in the meantime
well he missed the bandwagon on this P2P crowdfunding lark, but never one to look a gift horse in the mouth he's hoovered up the 'investors' funds anyway.
months down the line apparantly 'interested parties are considering making offers' on both -
are those waitrose pigs still doing a fly past?
months down the line apparantly 'interested parties are considering making offers' on both -
are those waitrose pigs still doing a fly past?
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