01516680386

They the same tam's who are indemnified against any claim as per declaration or am I reading wrong.

Reads like that to me !

looks like we were deliberately conned with that one then doesnt it. who designed the declaration? why mention trustees at all!

I doubt that indemnity will hold water legally, this is fraud. It would appear that whoever created that declaration was gearing up for a possible second bite of the cherry by moving the funds offshore somewhere to make more money later for themselves, without having to ask the victims for permission. Paul T is right, what would be the point?

Any idea who it was that designed that declaration? What administration did the administrator actually do apart from move the funds, take their slice and run away?

Cyprised? Do you think the plan was to involve that Medplant firm again in Cyprus?

you sure that this isn't the most open declaration yet, the member agrees to waiver all claims against tam and that they have been offered no tax or financial advice from tam. Only way I'd declare it void is if the person signing was under a section order.

Unfortunately. ..I think you're right

No idea though nothing would cyprise me..
To do it though would have surely involved selling the pods so can't see how that's possible

Yet the administrators job is to do exactly that,move the funds.

you sure it isn't just a case of greed, these members have seen a headline rate of 8% plus 5 % back . It's all backfired and slick t&cs will get these people off. And as for waivering legal advice, you can bet your a.ss the people behind it didn't.

Unfair Terms in Consumer Contracts Regulations 1999.

A couple of examples of contract terms that may be unfair incl ;

a term which tries to prevent you from taking a trader to court

a term saying the trader is not responsible if they don't do what they should do under the contract (Goal).

a term giving the trader the right to change the contract to their benefit (QROPS)

Barry Gamble  a wine scammer has just been made BANKRUPT at Birmingham Court. Gamble who lives at Hillview Close Tadworth Kt20 in Surrey with its fat wife used to love the good life with plenty of girlfriends and spending monies he stole from investment scams in wine.

well like all cheats hes paying fot it now..... And he will be obliged  to answer more questions from the insolvency service, and if he lies to try and hide his assets,  its prison which he deserves!

The scheme administrator for FA  2004 purposes is the person responsible for reporting to HMRC and does not necessarily mean ITSL does administration in the wider sense. Almost certainly ITSL was not a fit and proper person under the 2014 requirements introduced by HMRC and neither was the director appointed.

Maybe so. See this lasting till 2050 based on that. Pointless

Greed all round

speak for yourself, calling the people that lost there pensions greedy is pathetic. who wrote that declaration? someone on here knows.

Truth hurts doesnt it. I know, I was blinded i saw the cash back and turned my 40k into nil to get a few grand

Nobody seems to want to answer this question, which is hardly surprising as it is pretty clear from the wording that the scheme was designed to fail from the start. Another question, who instructed the person that wrote the declaration and who paid for it?

have been the same people who wrote the 2 year break clause
My 88 year old father was duped into this over the phone. The notice has just come through that Storefirst are executing their break clause after two years so those year three+ returns are, as has been already said, pure speculation. These pods are nigh impossible to sell. Don't invest because the early 8% return will be frittered away while your pod(s) remain empty and unlet. The story gets worse; my father was called by someone claiming to be from the company and offering to sell his pods for an attractive sum. He was told to transfer £6000 to pay for the "tax" on the sale in advance which he did. Needless to say it was a scam. The City of London fraud squad investigated and know the scammer but for some reason haven't arrested him.

like they need a company to collect all the ground rents
http://www.endole.co.uk/company/09745028/first-estate-ground-rents-limited

I'm not following this thread but I see some mentions of pods.The torrent of phone calls from "alternative investment" brokers has stopped but I seem to get spam emails from wine brokers and now student accomodation (sic) pods in Ambleside.
It may have some tenuous connection to 01516680386 but that's not for me to say.     www.emergingproperty.co.uk
https://www.linkedin.com/company/emerging-property      https://whocallsme.com/Phone-Number.aspx/02032878727