Steve,
I think you’ve got it spot on. There is no chance of good old John or Nigel (probably Paul)answering your question. Keep looking on this site, Trade to Win, Motley Fool, III and any others where scams are being highlighted. Various bits of useful information appear from time to time. There are a good number of people now on to these thieves and they will keep posting every time they find a new lead. Of course, if Linsure was really a serious business or if the people involved had some balls they’d make themselves known and make sure people like you and I didn’t have any reason to feel scammed out of our hard earned money. They might even explain how our money has been invested and how we can look forward to a return on our investment!! Ha Ha. They haven’t done so for 4 years so don’t hold your breath.
no comment now then john??
also have spoken to a firm in the isle of man that linsure also fleeced and cost them there livelyhoods! nice company you run!
WHERE IS MY MONEY!!!
Hi,
I also got scammed on Linsure. I was sold shares by a dealer using the name Mike Carter and working for The Roth Institute in Milan. Their web-site has just recently gone dead (no active phone numbers or operational e-mail addresses. Mike’s also shut down his Gmail account. He was a really plausible sounding, well educated bloke.
The Linsure numbers (as I’m sure you all know) are not answered but do still have a voice mail attached.
Don’t know where we go from here, but Sitges sounds a dead-end. Have these guys at Linsure really not done anything fraudulent? Surely confirming they would be floating in the first quarter of this year ( a conversation I had with john Marsh last summer) and then dissappearing can’t be right.
If anyone comes across Mike Carter, hold onto him, send me an e-mail, and I’ll come and rip out his throut and pi** down his windpipe.
Alec,
I wouldn’t give up on Sitges just yet. The Roth Institute is just one of the many different boiler room names used to push Linsure to as many unsuspecting victims as possible. The Linsure scam is run by Paul Taylor and Richard Moore and there is another one being pushed which looks looks so similar to the Linsure scam it could be the same people. I believe they want people to think they are no longer in the Barcelona area but they have other interests there.
George,
I expect they will keep cropping up.
The Roth Institute also sold me a small amount of shares in Griffin Mining. I realised last night that I had never received a certificate for these, being told by Mike Carter that it was all held electronically. I rang Griffin this morning and I am not on their register of shareholders so someone else has my £2500. That will explain the dealers recommending I habg onto them for a while longer when I asked him to liquidate for me.
I have just left a message with the London Fraud Squad to ring me back so that I can pass on all I know.
Stranegly, shares TRI sold me in another company DO exist and are doing very well.
The man at Griffin Mining was aware of a scammer called International Zurich Group who have been selling Griffin Shares.
Oh to bump into the elusive Mike Carter one day – what fun I would have!
Alec,
Sorry to sound negative but are you sure the shares which are doing well are tradeable or are they just good on paper? Linsure looked good for a while but there was no volume, no market and most of the shares were RegS so in effect were worthless. If you want to register your complaint, I suggest you log on to Operation Archway on the City of London Police website where you can e mail your information. For sure the Linsure guys and their scamming friends have committed a crime. It’s called theft. Hopefully, the law or somebody else will catch up with them soon.
George, I´m a hopeful Linsure shareholder. Maybe naively so. But/so what specific crime has been committed here? Our money has gone into the assets (if not all of it) and the company is legally up to date. It appears to me that had you put your money into General Motors ahares you would have far less risk and far less upside. But if GM had gone **** up you would have no recourse either. Seemes to me you want to have your cake and eat it also.
Nigel,
Here are a few of the dfifferences between our investment in Linsure and a real trading company (like GE)
Real companies don’t sell their shares via boiler rooms
Real companies don’t withhold their phone numbers, operate out of fictitious addresses or field all incoming calls via an intercept.
Directors of real companies are identifiable, prepared to stand before shareholders, explain their business plans and explain where their investors money is being spent.
Real companies have real customers and JV partners/projects. Ever heard for a real Linsure Insurance client or identified their Croatian JV partner or the development land? If so please give details.
I could go on but just for the record, I have no problem with risk. The problem here is that Paul Taylor and his cohorts took money from investors on the basis of investing it in their litigation insurance activity and the development in Croatia. Since there is absolutely no evidence of my money being used for either
and with the total lack of any business activity from Linsure, I have concluded my money was used to enhance the lifestyle of a few individuals, in particular, Richard Moore and Paul Taylor. That is at least misapproriation of shareholders funds but you can call it taking money under false pretences, fraud or thieving if you like.
Continue to be hopeful but, unless you have any proof that Linsure is a real company with real business activity, don’t hold your breath.
This supposed development in Croatia – if Linsure did actually purchase any land wouldn’t it show as a company assett? and wouldn’t that information be available to us somewhere? and then we could at least find out if any development had taken place somehow, or am I being a bit naive here?
Alec
I think the mythical 7m of assets are their ‘investment’ in La Plage holdings Ltd but if you can find La Plage I’d be very interested. Another way of tracking down the people involved would be for somebody to investigate the records held at 42 Brook Street London W1, where Linsure had a serviced office address. They must have invoiced somebody but they wouldn’t give me any information when I went there. The other names worth checking out are Eddy van Lent, Keith Ridgeway and Gary Wright, all of whom appear as ‘Directors’ at various times. I’m also suspicious of the lawyer, Philp Ofill, who was closely involved in the link with American Utilicraft, when I was being advised BY LINSURE to convert my shares. Ofill was the contact. There are plenty of potential leads. The question is whether any of them will lead to a return of our money. If not, it would still be good to see these characters stopped and hopefully it would save some other poor soul from squandering their hard earned savings to thieving scammers.
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Steve,
I think you’ve got it spot on. There is no chance of good old John or Nigel (probably Paul)answering your question. Keep looking on this site, Trade to Win, Motley Fool, III and any others where scams are being highlighted. Various bits of useful information appear from time to time. There are a good number of people now on to these thieves and they will keep posting every time they find a new lead. Of course, if Linsure was really a serious business or if the people involved had some balls they’d make themselves known and make sure people like you and I didn’t have any reason to feel scammed out of our hard earned money. They might even explain how our money has been invested and how we can look forward to a return on our investment!! Ha Ha. They haven’t done so for 4 years so don’t hold your breath.
no comment now then john??
also have spoken to a firm in the isle of man that linsure also fleeced and cost them there livelyhoods! nice company you run!
WHERE IS MY MONEY!!!
Hi,
I also got scammed on Linsure. I was sold shares by a dealer using the name Mike Carter and working for The Roth Institute in Milan. Their web-site has just recently gone dead (no active phone numbers or operational e-mail addresses. Mike’s also shut down his Gmail account. He was a really plausible sounding, well educated bloke.
The Linsure numbers (as I’m sure you all know) are not answered but do still have a voice mail attached.
Don’t know where we go from here, but Sitges sounds a dead-end. Have these guys at Linsure really not done anything fraudulent? Surely confirming they would be floating in the first quarter of this year ( a conversation I had with john Marsh last summer) and then dissappearing can’t be right.
If anyone comes across Mike Carter, hold onto him, send me an e-mail, and I’ll come and rip out his throut and pi** down his windpipe.
Cheers,
Alec
Alec,
I wouldn’t give up on Sitges just yet. The Roth Institute is just one of the many different boiler room names used to push Linsure to as many unsuspecting victims as possible. The Linsure scam is run by Paul Taylor and Richard Moore and there is another one being pushed which looks looks so similar to the Linsure scam it could be the same people. I believe they want people to think they are no longer in the Barcelona area but they have other interests there.
George,
I expect they will keep cropping up.
The Roth Institute also sold me a small amount of shares in Griffin Mining. I realised last night that I had never received a certificate for these, being told by Mike Carter that it was all held electronically. I rang Griffin this morning and I am not on their register of shareholders so someone else has my £2500. That will explain the dealers recommending I habg onto them for a while longer when I asked him to liquidate for me.
I have just left a message with the London Fraud Squad to ring me back so that I can pass on all I know.
Stranegly, shares TRI sold me in another company DO exist and are doing very well.
The man at Griffin Mining was aware of a scammer called International Zurich Group who have been selling Griffin Shares.
Oh to bump into the elusive Mike Carter one day – what fun I would have!
Alec,
Sorry to sound negative but are you sure the shares which are doing well are tradeable or are they just good on paper? Linsure looked good for a while but there was no volume, no market and most of the shares were RegS so in effect were worthless. If you want to register your complaint, I suggest you log on to Operation Archway on the City of London Police website where you can e mail your information. For sure the Linsure guys and their scamming friends have committed a crime. It’s called theft. Hopefully, the law or somebody else will catch up with them soon.
George, I´m a hopeful Linsure shareholder. Maybe naively so. But/so what specific crime has been committed here? Our money has gone into the assets (if not all of it) and the company is legally up to date. It appears to me that had you put your money into General Motors ahares you would have far less risk and far less upside. But if GM had gone **** up you would have no recourse either. Seemes to me you want to have your cake and eat it also.
Nigel,
Here are a few of the dfifferences between our investment in Linsure and a real trading company (like GE)
Real companies don’t sell their shares via boiler rooms
Real companies don’t withhold their phone numbers, operate out of fictitious addresses or field all incoming calls via an intercept.
Directors of real companies are identifiable, prepared to stand before shareholders, explain their business plans and explain where their investors money is being spent.
Real companies have real customers and JV partners/projects. Ever heard for a real Linsure Insurance client or identified their Croatian JV partner or the development land? If so please give details.
I could go on but just for the record, I have no problem with risk. The problem here is that Paul Taylor and his cohorts took money from investors on the basis of investing it in their litigation insurance activity and the development in Croatia. Since there is absolutely no evidence of my money being used for either
and with the total lack of any business activity from Linsure, I have concluded my money was used to enhance the lifestyle of a few individuals, in particular, Richard Moore and Paul Taylor. That is at least misapproriation of shareholders funds but you can call it taking money under false pretences, fraud or thieving if you like.
Continue to be hopeful but, unless you have any proof that Linsure is a real company with real business activity, don’t hold your breath.
This supposed development in Croatia – if Linsure did actually purchase any land wouldn’t it show as a company assett? and wouldn’t that information be available to us somewhere? and then we could at least find out if any development had taken place somehow, or am I being a bit naive here?
Alec
I think the mythical 7m of assets are their ‘investment’ in La Plage holdings Ltd but if you can find La Plage I’d be very interested. Another way of tracking down the people involved would be for somebody to investigate the records held at 42 Brook Street London W1, where Linsure had a serviced office address. They must have invoiced somebody but they wouldn’t give me any information when I went there. The other names worth checking out are Eddy van Lent, Keith Ridgeway and Gary Wright, all of whom appear as ‘Directors’ at various times. I’m also suspicious of the lawyer, Philp Ofill, who was closely involved in the link with American Utilicraft, when I was being advised BY LINSURE to convert my shares. Ofill was the contact. There are plenty of potential leads. The question is whether any of them will lead to a return of our money. If not, it would still be good to see these characters stopped and hopefully it would save some other poor soul from squandering their hard earned savings to thieving scammers.