Asset Land Investors targeted?

Anyone else received a call offering an investment in Antimony from Monfort Resources Ltd or Templar Invest?
I have received an email from two Asset Land Investors mentioning cold calls about this investment opportunity….

http://montfortresources.com/ or http://www.templar-invest.com

1. Their office address in London is a VIRTUAL OFFICE SPACE (see here)
2. Neither Monfort Resources nor Templar-Invest are registered (under these names) on Companies House.
3. The Company Registration No. for Templar-Invest is given as Company Registration No: 12097884 …this is also invalid when searching Companies House.
4. On Lord Razzall’s page on the Lords page at http://www.parliament.uk/biographies/lords/lord-razzall/3275 it does mention Montfort Resources Ltd as a directorship although on Companies House, Lord Edward Razzall does not have Montfort Resources Ltd listed as one of his active directorships.
5. Companies House does mention a directorship with Fse Law Rechtsanwalts-GmbH as mentioned below but this is called Belgrave Resources Limited not Montfort Resources.
6. The director for Belgrave Resources Ltd is Edward Timothy Razzall, Director ID: 918267680 different ID from the other Edward Razzall of Baron Brown Ltd.

Can someone clarify what this is about?

THE INFORMATION THAT FOLLOWS WAS SENT to AN ASSET LAND INVESTOR AND IS COPIED AS PER THE EMAIL THEY SENT.

See HERE:

Montfort Templar

Section 75 Success with Bank of Ireland. Member 2 full refund. 04 Aug 2014

Well I have been interested in the back and forth between Member 2 and his bank, namely the Bank of Ireland. Having seen the various letters and knowing the evidence we have against many of the refusal reasons, Member 2 has been great at sticking with the Section 75 refund replies and not allowing his bank to make excuses for not refunding under Section 75.

Success at last!

Member 2 contacted me today and has now received a full refund for all three plots purchased with Asset Land as an investment with the deposit paid by Credit Card.

His letter of refund can be seen in the Members Area, Credit Card Refunds – under Member 2, it is his last letter of course.    http://assetlandscamgroup.wordpress.com/members-areas/credit-card-payments-and-refunds/

Those of you who are still fighting your banks for a Section 75 refund should definitely stick with it, Member 2’s persistence finally paid off in the form of a full refund.

EDM

Letter from FCA going out to Asset Land Investors Update 07 July 14

As mentioned previously, the FCA have sent a letter out to all Asset Land Investors with an update.

A copy of the letter can be read by clicking on the images below.

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1.  HELP – I didn’t get a letter:

Call the FCA Consumer Helpline 0800 111 6768. State that you are an Asset Land Investor and want to ensure that your details are held by the FCA.

2. Will I get my money back?

Don’t Ask me this!!! Read the letter. It answers that question as far as it can be answered at the moment.

Within the letter there is a link to the FCA web page where they state that they will post further updates, I have copied this link before for ease:

http://www.fca.org.uk/consumers/scams/news-and-investigations/asset-land-investors

Thanks.

EDM

Asset Land Appeal Dismissed 12 May 2014

Good News first!

Asset Land’s appeal has been dismissed and they have been ordered to pay compensation to investors.

 

Bad News next….

The compensation will not be equal to the amount invested.

 

The FCA are writing to all investors in the next few weeks to explain the process from here.  If you received a refund from your Credit Card company under Section 75 then clearly you will not be receiving compensation.  The Credit Card Company become the creditors instead – but a full refund under Section 75 is preferable to a smaller amount of compensation.

The FCA have a list of investors in the thousand and will be contacting investors directly.

Please don’t ask “How much?”.  I don’t know.  The FCA don’t know exactly and the process is ongoing.

Thanks.

EDM

 

(for those that were checking the case tracker, the case result is now given as REFUSED, ie appeal was refused.   http://casetracker.justice.gov.uk/listing_calendar/getDetail.do?case_id=20131017 )

FCA updates x 2 and update to Credit Card Refund Area. 27 April 2014

A few things have been added today:

1.  Two updates from our FCA Liaison from 14 April and 24th April 2014 can be read in the Members Area – FCA Liaison.

2. Also, one of our members who successfully claimed full refund via Section 75 has some advice within the Members Area – Credit Card Refunds part of the blog regarding his hard fought  case resulting in a full Section 75 refund – he is at the bottom called Member 14.

That’s all for now.  Although a little bird told me that we may hear more on the TSA court case against Asset Land in September….

EDM

 

 

 

Asset Land Appeal Rejected 14 April 2014

Land bank firm shut down by the FCA has appeal rejected by Court.

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See the FCA Latest News below:

http://www.fca.org.uk/news/firms/land-bank-firm-shut-down-by-the-fca-has-appeal-rejected

 

and for those that can’t face reading the link, before asking about getting your money back, ……

The High Court made an order in March 2013 that David Banner-Eve, Stuart Cohen, Asset Land investments plc and Asset L.I Inc make a preliminary payment to the FCA of £21 million as part repayment for investors. That order has been stayed pending the Court of Appeal’s decision. It will remain stayed pending the outcome of any appeal to the Supreme Court.

The FCA is aiming to return as much as money possible to investors, but it is unlikely to be the full amount they invested. Unfortunately the FCA has not identified any assets of the defendants that would enable more than a small proportion of these payments to be made.

This decision follows a similar judgment against Capital Alternatives in February 2014 which also made clear that the FCA’s approach was sound.

The Defendants in CAL are seeking to take this to the Court of Appeal.

The Asset Land Appeal decision could still be appealed to the Supreme Court.