adrian77
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Post by adrian77 on Aug 16, 2023 20:13:48 GMT
I guess to make the guarantor bust but why bother with basic English fluency it is only OUR money!
Of course he is frustrating the position and much as I would like to see it this will not ensure the return of our money
FS have lent this client loadsa money, said that my loan this was a primary charge at 59% of a building worth 3.5m and showed us computer mock-ups rather than the rubbish state it is in. All the details were totally WRONG Do we have any sort of audit trail for the money - about as likely as Anne Widdecombe being world cage fighter of 2023...
This is yet another total bloody disgrace and IMHO there should be fraud charges bought
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adrian77
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Post by adrian77 on Aug 15, 2023 13:02:54 GMT
maybe the case here ? But many hard criminals do use lawyers as they need them to try and stay one step ahead of the law
Personally I think some of the FS board have been stupid, naive and greedy and did not realise what sort of characters they were getting involved with....why the hell we don't have them and others behind bars is a complete loss to me
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adrian77
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Post by adrian77 on Aug 4, 2023 14:55:35 GMT
Had another look at this one - I think the below is key
I ask myself WHY - I refuse to believe this was a simple investment and JC Starr wanted something back and this Quistclose claim is a red-herring
I have really been thinking about this - am I correct in thinking there may possibly be a front man of JC - possibly JP behind this because I think for £0.5m JC Starr wanted a bit more than passive investment - maybe to control the large building plot or possibly to "own" FS
Whatever there is something very badly wrong here and the SFO should be investigating as personally I think the FS directors are not the only offenders
I work damn hard as a developer, make little money and yet we see greedy criminal wazzocks laugh at the system and get let off by the FCA - call that natural justice!
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adrian77
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Post by adrian77 on Aug 4, 2023 10:31:05 GMT
totally agree - well done!
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adrian77
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Post by adrian77 on Aug 4, 2023 9:11:22 GMT
This is totally bloody disgusting - there is more than enough evidence here for a criminal prosecution
So what happened to their ex Ceo - yes promoted to chairman of the BoE where he is equally bloody useless but on a vast salary which we pay for
And people say the establishment is corrupt, out of touch and self-serving...
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adrian77
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Post by adrian77 on Jul 31, 2023 15:54:18 GMT
Had a so-called update
This is pathetic - of course the bankrupt is not co-operating as he does not give a stuff about anybody else and if it is the bloke I think it is he has a very problematic past and linked to a high powered lawyer
This whole damn affair has been going on since 2018!
Looked at the valuation of my loan £5.6m and 17.7% LTV - yeah right!
We have clearly been scammed here and I suspect by several people trying to scam the scammers Yet another 100% write off - why worry it is only few millions into the pockets of crooks from decent people and this should never have happened...
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adrian77
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Post by adrian77 on Jul 28, 2023 17:43:49 GMT
jobs for the boys - all vastly overpaid and totally useless
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adrian77
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Post by adrian77 on Jul 27, 2023 15:22:20 GMT
What and arrogant and patronising answer from this bloke - he can clearly afford to eat well as even fatter than before
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adrian77
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Post by adrian77 on Jul 15, 2023 11:35:12 GMT
Being thinking about this one - absolute gross incompetent at best
There is no way on this planet this should have been offered with the ransom strip situation - my solicitor would have immediately flagged it up in any building land I would have bought and refused to buy it - the term "ransom" is exactly that!!!!
I would hope the investors can launch legal action here as they have been totally ripped off - how the hell can a flat development in such a economic area as Birmingham lose 82% given the LTVs?
This developer is going to make an absolute killing if the ransom strip is cheaply resolved - in fact realise over twice his investment - just what I am doing wrong?
The FS investors have been had here due to FS - not sure who will gain the most - FS for a favour, the ransom strip owner or the new owners - I refuse to believe there is no cosy interests here and they aren't laughing all the way to the bank...
I think the capital recovered by FS as 48% is the gross recovery before the nasties come off?
If anybody has the FS breakdown I would love to see it...
I thank you
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adrian77
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Post by adrian77 on Jul 15, 2023 10:25:52 GMT
do we know if this luckky buyer had any connection to the original lenders - as if!
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adrian77
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Post by adrian77 on Jul 14, 2023 22:27:45 GMT
Totally agree about Hackett Have spent a great deal of time about what actually went on here - numerous theories and many headaches - surely something very serious
I have checked the background of Jo** P**kles; he is linked to numerous loans which I thought were nothing to do with the Clar**n loans (yes others were) this is really bugging me do so I wonder just how profound and widespread this "problematic" behaviour was.
Also as I said before I wonder if some lender worked out what was going on and tried to manipulate it to his advantage
I bet there is even more to come out there...
Looks to me as if Hackett is still on the payroll - iMHO he should be inside
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adrian77
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Post by adrian77 on Jul 7, 2023 13:22:49 GMT
I know it is easy to say but surely A B must be the all time worst governor of the BOE/head of FCA etc
Just what has he actually done that can be credited as a success - bring back Hard Eddy!
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adrian77
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Post by adrian77 on Jun 16, 2023 8:27:46 GMT
I remember that one - that was a right scam!
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adrian77
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Post by adrian77 on Jun 15, 2023 20:45:43 GMT
nice thinking MAH and sounds good to me
I did say there was no reason why this could not originally have been done with a working system (and I ignored the negative comment I got for this)
I wonder how much of the truth regarding severall dodgy loans will actually be revealed e.g. 2 speedboats, art scam etc
I need a drink...
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adrian77
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Post by adrian77 on Jun 15, 2023 11:16:42 GMT
totally agree - this web site seemed to be a list of spreadsheets and it is not rocket science to keeps details of loans and effect payments - it is not the SWIFT system!
I worked in IT for over 20 years and wrote commercial systems and yes at times I had to manually overide them in order to release funds etc for people that had sold at auction etc
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