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IOM company defrauds man


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Completely agree Derek, the amount of financial crime that goes on here is staggering - simply because the regulation is loose and it cannot be policed effectively. Regular police are fine for druggies and sandwich snafflers, but it's a different type of person required for financial shenanigans.

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Unfortunately, I can't think of anything on the Isle of Man that would be a sound investment? We have had the film industry, space industry, tidal power amongst other failures. The Government will be

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We don't want to be shining lights into too many dimly lit corners...they're the pillars of our economy :lol:

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2 hours ago, hissingsid said:

The amount of bickering that goes on between PB and Neil you would think they were an old married couple..

The amount of times that you seem to come to Neil Down the trolls defense when he kicks off you would think he must be your mentally handicapped cousin. 

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35 minutes ago, Grounds Keeper Willy said:

The amount of times that you seem to come to Neil Down the trolls defense when he kicks off you would think he must be your mentally handicapped cousin. 

 

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4 hours ago, Manxberry said:

Completely agree Derek, the amount of financial crime that goes on here is staggering - simply because the regulation is loose and it cannot be policed effectively. Regular police are fine for druggies and sandwich snafflers, but it's a different type of person required for financial shenanigans.

It's difficult to find any local body that'll accept any responsibility for investigating possible wrong doing by those administering trusts & stuff

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7 hours ago, The Phantom said:

You only here about the dodgy stuff.  There are plenty of very successful investments etc over here.  No one would come and set up here if it was all dodgy. 

This isn’t a regulated investment structure here though is it? It’s a private company raising money from investors. If they did defraud this man of over £11 million then whatever his circumstances you’d perhaps expect some sort of investigation to have taken place as to what happened? 

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10 hours ago, display name said:

You want a fraud squad to check on fraudulent activity of fraudsters defrauding a fraudster who commits fraudulent activity?

But Mr PB says it's not fraud...

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