August 2014

WHAT WATCHDOG? Were alarm bells ringing about LM? Did the Australian regulators hear them? Were they told? Apparently yes.  More revelations today in correspondence with Peter Drake and Linda Darcy at LM reveal how legal action was threatened by Drake who wanted to keep a lid on what what going on. If it walks like […]

Handy Brian Goudie, formerly Goldie from Falkirk, Scotland International con man Brian Goudie, having failed to take a case against Google in Bangkok claiming together with former brothel owner David Hanks the ‘right to be forgotten’ is now trying again in Kho Sami and claims that yesterday together with his lawyer he lodged new cases […]

WHAT NEXT FOR BATTLING AUSSIE MUM? Two rich kids, who were charged in connection with a vicious attack on an Australian student in the Green Mango Club in Koh Samui and who then signed a fictitious lease for an apartment on the island to show they were not a flight risk,  were given their passports […]

Be careful out there and see how Thailand regulates these advisers The Australian authorities cannot seem to find anything criminal about it. But in 2011 Peter Drake started locking in clients money to his funds for up to five years. This was two years one fund had already gone belly up and punters were unable […]

A GUEST OF KOH SAMUI – Flying Sporran’s Weekend Diary – NOT A MARK – NOT A MEDICAL REPORT – BUT INJURED YOUNG AUSSIE ORDERED  TO SURRENDER TO BAIL FOR ‘ASSAULTING’ RICH KID The energy which is being put in by Koh Samui police to prosecute a young Australian student who was badly beaten up […]

LM  BOSS – ‘FED UP WITH THE IGNORANCE’ LM boss Peter Drake says he has decided to remove the internet blog he set up to justify his actions prior to the collapse of his funds which has left hundreds of people throughout Southeast asia improverished. He claims that he can no longer put up with the […]

 ANOTHER PATTAYA MADE MAN – BUT THIS ONE STAYS IN THE CLOSET. Richard Ian Silver an American linked to the collapse of a condo project in Pattaya called Royal View Talay – was also the managing director of CW Assets – a company which has taken money from foreigners for condos in a building which […]

Today in conjunction with Lindell Lucy’s excellent website ‘Rape of Hong Kong’ which is dedicated to exposing fraudsters in the financial industry we start publishing the email correspondence between Martyn Terpilowski, and Peter Drake, who headed up the disastrous LM Funds which were nurtured in Australia and sold to unwitting expats throughout the Middle East […]

DUE DILIGENCE IS NO GOOD – IF IT COMES FROM THE PEOPLE YOU ARE CHECKING OUT! Here is the latest picture of the site for a condo project in Pattaya which has had rave reviews in the press and on property websites.  Construction should have started way back when and should be completed shortly – […]

‘THE GROWTH WAS FUELLED BY THE GREED OF THE ADVISERS’ –  IFA Martin Terpilowski to the South China Morning Post If you think your financial adviser was tricked too when he sold you your policies in LM then read this and you may have to think again. The website ‘Rape of Hong Kong’ which is […]