‘I WANT OUT OF THIS TERRIBLE INDUSTRY!’ Simon Litster (right) on a night out in Tokyo Potentially one of the worst culprits to put his clients’ funds into the scandal hit LM Managed Performance Fund is now the Chairman of the Advisers Committee for Investors which has appointed itself to get funds back on behalf […]
“THIS IS A DODGE – I SWEAR ON MY LIFE” Fund providers such as Royal Skandia and Friends Provident turned a blind eye to warnings over the dodgy LM Managed Performance Fund despite repeated emails from whistle-blower financial man Martyn Terpilowski – then based in Tokyo. The fund managers attitude to the well being of […]
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 […]
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 […]
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 […]
Andrew Drummond is a British independent journalist and occasional television documentary maker. He is a former Fleet Street, London, journalist having worked at the Evening Standard, Daily Mail, Mail on Sunday, News of the World, Observer and The Times.