02079937440

see 25th October 2013 by "Anon" re -Director of Lanyard Capital Andrew Rowe.

How can people like this continue for years apparently ripping people off  and dissolving Companies obviously to evade capture.

had the call as usual from Lanyard same old format they do not have an answer when challenged on environment question .

I worked for this company for a few weeks the whole ethos of this company was wrong, Employees pushing diamonds on to specifically targetted old people most of them didn't know what they were doing and some had dementia, some employees were literally walking people down the bank, I recall one broker by the name of Lewis Sell who thought it was funny he had an old man down the bank crying that the bank had closed. This sales guy told me to tell investors 80% guaranteed returns and consistently went around boasting about who he had "taken down".he was probably 25 years old but told people he was married two kids and 20years experience!!
Glad i worked it out, i'd never seen anything like it and moved on to a proper computer firm.
I wouldn't recommend dealing or working with this company, I too like many others was not paid correctly.

Selling diamonds as an investment. Not regulated by the FCA. Call barred them on my TRUECALL telephone screening unit so that they will be unable to phone me again. Have read adverse reports on other sites. Beware. Considered to be scam!

Vulnerable older people are being targeted by a new form of investment scam involving diamonds, fraud investigators have warned.

Companies are cold-calling with promises of stellar returns by investing in rare jewels.

In some cases the gems have been marked up by 17 times their actual value - and some victims worry the gems may not exist at all.

Several cases of diamond fraud are being investigated and about 250 reports were received last year, said Det Ch Insp Matthew Bradford, head of crime at the National Fraud Intelligence Bureau.

One of them involved an elderly man with Alzheimer's, who was called by a firm pitching diamond investments.

He ended up handing over more than £90,000 ($148,000) in three months. Each time a transaction was planned, he was told to keep it a secret.

"I get the impression my dad wanted to give these people all this money just to get them off his back," said the man's son, Ben.

"I think he was quite scared of them, and he feared for his own safety a little bit."

High-pressure tactics

His father's financial adviser contacted Ben to establish why a large sum had been requested; his father was about to invest another £85,000 ($140,000) before his son intervened.

Because he has power of attorney over his father's affairs, Ben asked the diamond brokers to stop ringing and to hand over the jewels so they could be sold.

"But every time I contacted them there was some sort of obstacle in the way to stop them sending the stones," he said.

A former diamond broker told 5live Investigates about the tactics used by these companies.

General workplace noises could be heard on a tape in the background, he said.

"There weren't that many employees, so the sounds were played to make the office seem busier than it really was."

He had to follow a script and was trained in high-pressure tactics to get investors to part with their cash.

But staff were careful not to give too much away about themselves, he added.

"I became suspicious when I was told I should change my surname. The managers did it too, and I was told that it was to protect myself.

"Looking back, I think if everything's 100% legitimate, there would be no reason to hide."

Last year the Insolvency Service wound down another brokerage company, Jubilee Diamonds Ltd, whose employees commonly changed their names when dealing with customers.

In 18 months of trading, the company received some £2.3 million ($3.8 million), used fake testimonials, and sold gems vastly above their value.

Some of its brokers, who promised investors returns of up to 15%, took commission of up to a quarter of the total sales they made.

'Spineless'

"It is just another yarn in what is a criminal web of deceitful boiler room scams, where individuals are targeted with cold-calling and pressured into making purchases," Det Ch Insp Bradford said.

"They often use technical jargon, impressive job titles and mock websites, and people are encouraged to keep the 'investment' secret.

"Sometimes the items don't even exist," he added. "I can only imagine how awful it must feel for people to discover that the savings they've accumulated in their working lives have vanished overnight."

One industry expert said the market for diamonds lacked transparency, making it vulnerable to abuse.

"It's hard to know the value of a diamond; much trading is negotiated privately, unlike other investments where a stock market reports prices," said Adam Laird, an investment manager with Hargreaves Lansdown.

"Most people buy through specialists so it's difficult to know if you are getting a fair price. It can also be difficult to sell, as this too involves haggling with a specialist."

As an unregulated form of investment, diamond brokers do not have to be registered with the regulator, the Financial Conduct Authority.

"They're completely spineless, gutless, faceless people," Ben said. "They hide behind a telephone or computer, and I think they target people who live on their own."

Anyone who thinks they may have been a victim of fraud, or who believes they may have information about a suspected fraud or scam - including diamond fraud - should report this through Action Fraud or by calling 0300 123 2040.

Investment company from London. Sent me information, not sure where they got my address and details from either. Follow up call, told not interested. Hung up. Supervisor called back, I explained I wasn't interested and hung up. He phoned back within 30 secs calling me rude. Wouldn't stop talking or take no for an answer and finished by sayin 'enjoy my losses'. Don't touch them with a barge pole!

Lanyard have targeted an elderly Uncle who lives on his own Several chatty calls asking if he was pleased with his investments and promising 8% return. Even sent a taxi to take him to a larger branch of his bank in order to withdraw a sizable amount of money there and then. Thankfully the bank had to send for a new  a new cheque book  which delayed things. Daily calls from Lanyard but thankfully we have looked on this site and are in time to stop this. Thank you.

Just got called by them. Supposedly currently updating details of new and old clients. Never been either - they must have gotten my number from companies that should have known better. They are now flogging commodities

NMS reported Lanyard Capital with the number 02079937440 as Cost trap
added on Feb 17, 2014 2:35:03 PM
Selling diamonds as an investment. Not regulated by the FCA. Call barred them on my TRUECALL telephone screening unit so that they will be unable to phone me again. Have read adverse reports on other sites. Beware. Considered to be scam!

Had a call from this number today. I didn't answer (I NEVER answer a call if I don't recognise the number)
Looked up the number which brought me here, so I've barred that number.
I get LOADS of calls like this, and they ALL get barred.

Everybody who has been involved (!) like myself or been approached by Lanyard Cspital MUST approach the Police and ActionFraud WITHOUT delay.   It is a serious scam.   The website can still be seen with their outrageous information.

2nd call from Lanyard Capital trying to interest me in their deals. Said not interested, have no money to invest & take me off their contact list. We'll see. Bloody nuisance.

I have relative that just told me that he was cold called upon, to buy diamonds at £10,000 and a second at £12,000. The first one came with a GIA certificate these don't show the value.  I have a friend who's in the jewellery business who valued the first stone at just £500.00 at best! The second stone is 120 days late, but at best is worth less than £1000.00  We've just now reported this to Metropolitan Fraud Squad. They claim you will get back more than you put in guaranteed verbally. When the gem arrives they seal it in a box on the condition that the seal is kept in place for the return for them to sell at auction. This is so you don't get it checked IMHO. Please ....ask all your relatives if they have had a call from Mathew Mavin or Roger or anyone recently from LANYARD, IF THEY HAVE ITS A BIG CON, with the convincing story and they post a contract. They need to not wait, contact the police ASAP. Get a crime number.  This is the smartest con I've ever come across,  selecting vulnerable people and clearing out there life savings. My relative felt embarrassed to say anything. Don't get talked into it, hang up!  They won't stop at one they will come back for another and another and you will get back nothing.  If you have had dealings with this company call this number and report it: Action Fraud 0300 123 2040.

Look people of UK, all these so called investment opportunities in diamonds, fine wine, carbon credits, raw earth metals, are all scams. Don't give your money to any of these people. They can't get a job elsewhere and end up in these boiler rooms. They are criminals, liars, fakes. Just leave your Money in your isa you know it's safe. Be wise!

They are now called Benetic and are set up in soho (Dean Street)

http://companycheck.co.uk/director/913649069/ ... nies-house-docs
Same Director as Lanyard
www.benetic.co.uk

Be very careful lost all my money. only received two. of my three diamonds.The amount of excuses they give

as to why they have been delayed. Conned into buying a third,(which i never received, as they have gone into liquidation.)
because they needed to sell as a set?????. Cost me £47000.00,Might be able to sell the two i have for a few bob if
i am lucky!!!!!!!!!

Lanyard Capital...absolute Boiler Room scammers. The Supposed Broker Lewis Sell (his real name btw)who was referenced in an earlier post laughing at conning an elderly gentleman who broke down crying outside his bank is in his early to mid twenties and hails from the Sudbury/Bury St Edmunds area in Suffolk , a former bricklayer with absolutely no previous experience in any form of financial dealings whatsoever. He is a total scammer who earns 15-25% of whatever money they persuade these poor vulnerable and systematically targeted people to part with. No wonder they charge 6000 - 8000 % mark up on the diamonds they sell - that's if you actually receive a diamond at the end of it. the worst part is he thinks what he does is funny and is completely proud of scamming people. he is total scum...if you want to tell him so you can do so here on his Facebook profile! https://www.facebook.com/lewis.sell1?fref=ts

did you work with lewis or invest in his lies!?
Lewis sell is a poor salesMan who lies to old people to get them to invest in what ever scam he is pushing he lies to colleagues, is a thieft in and out the office. several people i know are after him for money. He has also ripped off young juniors who he also lied to. guys a fake post things on his facebook that his a good samaritan and bosts about how his hard work and success is paying off. the boy is a grade A c@££:..