LM Managed Performance Fund
LIES, LIES AND MORE LIES – HOW LM PLAYED FOR TIME
AN EXCRUCIATING EMAIL EXCHANGE BETWEEN LM AND A FINANCIAL ADVISER If there can be any doubt that directors of the company and salesmen of the product were lying their heads off then the following long series of emails from an adviser trying to get his clients’ money back will put an end to them. Martyn […]
LM FUND CLIENT WAS ABLE TO REDEEM HIS INVESTMENT – BUT HE WAS A BANKER
KICKING THE LM CAN DOWN THE ROAD! Heather McLeish A client was able to redeem a large investment from LM but it still took two years and he had a senior position at a well known investment bank and there were threats to sue. In continuing revelations by Martin Terpilowski, whose client it was, replies […]
LM MANAGED PERFORMANCE FUND WAS FOR ‘SOPHISTICATED INVESTORS ONLY’
The LM Managed Performance Fund was for ‘sophisticated investors only’. This may come as a surprise to clients whose money was put in property in Australia just before the crash time in a boom and crash market. In continuing revelations Martin Terpilowksi, who had high end clients in the fund, concludes that independent financial advisers […]
How LM Locked In Its Clients
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 […]
CONVERSATIONS WITH A FUND MANAGER PART I – TO LIE FOR THE ‘GREATER GOOD’
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 […]
BRIT SENIOR CITIZENS IN PERIL AS WIDESPREAD VICTIMS TO PROPERTY SCAMS AND FINANCIAL CHICANERY
Foreign pensioners in Thailand, many of them hapless Brits, face a bleak future, and may have to go back home and throw themselves on the mercy of the state, after finding their live savings have gone, gobbled up in the main by sharks in the financial and property business. Many of them have fallen victim […]
