02081509083

Hello I am an investor in Morgan Forbes Hotel and Amber Crest Pearl Island villas projects.I have kept my eye on developments and have been comfortable with everything apart from the length of time that it has taken to get the build licence and the payout to investors.I do know quite alot of people that are still involved with the projects and also know some ex brokers.

Regarding Morgan Forbes hotel,I went to Madeira last week and met with Michael Nascimento and the situation is that all investore have legal contracts for units in the hotel and your investment is safe and now it is a case of someone buying the hotel and in the next update a timescale of 12 - 18 month will be mentioned although it is possible that it will be sold within six months.This project is Michaels baby and he wants to sell it as soon as possible and investors will get back approx 100% profit and doubters will be proved wrong.

Regarding Amber Crest Pear Island villas project.This was previously called Acropolis and Michael Nascimento sold his shares to lynn Howard a very successful business woman.The name was changed to Amber Crest and all investors that have share certificates are legal documents so your investment is safe.

There were some shares still available to sell to investore and Amber Crest sub contracted to some brokers to sell on a commission basis.This was the naughty part as the broker who contacted me was Christopher Andrews and the tactic he used to sell shares was to lie and say that Hilton Hotels had agreed to buy Pearl Island for 639 Euros a share and the payout to investore would be on 28th March 2013 and I could buy some extra shares at 300 Euros a share so less than half price so I bought 10 shares that cost me 3000 Euros.It has been confirmed to me that I paid the money into the correct Amber Crest account and my share certificate will be with me shortly.

So now it is a case of selling Pearl Island and is in investers and Amber Crest interest to sell is as soom as possible.

I know names of three brokers Christopher Andrews,James Dunlop and Hugh Herschell although the last person I mentioned is not using his real name and is possibly using the first two names.

I have posted some comments against your recent PI post, reply is by paragraph.

In reply to Paragraph one.

Lynn Howard used to work for MF and is a director of another of Michael Nascimentos companies, so may not have been an innocent investor in this at best and at worst  part of a plot to remove Michael from the frame.
On what grounds are you claiming she is a very successful business women?
Had you already invested in PI prior to your latest investment?

In reply to Paragraph two,

Whilst you state that ‘this was the naughty part’  are you referring to the fact that Amber Crest sub contracted to brokers on a commission basis or because the person who contacted you lied?

Whilst you said he lied, you have made no attempt to say why you thought or now think that was the case, you say that he claimed payout would be on 28th March, when did you make your 3000 euro investment? Presumably very recently as you go on to say that your share certificate will be with you shortly, so that has yet to arrive indicating a very recent purchase?

Given its now gone the 28th of March what are you now being told as I assume you are not writing this having had a payout?
Surely if you saw Michael last week you must have asked him about PI because even if he had sold his stake he would have knowledge of an impending sale at 639 per share, you might have even seem him before you made your last investment? Could have saved you the money.

In reply to Paragraph three,

You make the point about the need to sell 'it as soon as possbile'  but make no link from the previous claim about a sale taking place on the 28th of March, these things seem at odds with each other, either they were selling on the 28th or obviously you claim the need to sell as soon as possible, this has always been the case, even before it was Amber Crest doing the selling of the project. The only thing that has changed here is that you are another 3000 euros down, and I must remarkably calm about it, cos I would be bloody livid has I parted with cash to someone who had lied to me!!!

In reply to your last paragraph,

Does the person you spoke to have any kind of an accent that could help identify if he is the person who has spoken to others on this forum?  Or maybe we could identify him as one and the same person,  who may have the same type of accent,  Welsh, Scottish, Irish, South African, Cockney etc?

And Finally,

I have as yet not given any thought to your previous post about your trip to Madeira as this post is enough to be going on with at the moment.

I look forward to your reply.

No chance,! your posting is cobblers nacimento claimed to have a licence granted about june last year no hotel has been built and no such hotel or villa's will ever be built.

andrew christopher 07870155337

That is not the number I have for Chris Andrews I had 07761066682, but its never turned on anyway.

Following on from what Don said in the other post you have to be inclined to think that Fred is an insider speaking bullsh?? one can only assume that having slagged off tthe other project in the 2nd post was a smoke screen to show how impartial he is, they are probably just about to start selling shares in the hotel project again, and obviously with Fred having been there seeing its all above board, who wouldn't buy!!! almost anyone with brain cell would be my advice, in case that's not clear NO ONE SHOULD BUY.

I'll bet no response will be provided to the post from Anon-1

Andrew Christopher? Scammer?
https://whocallsme.com/Phone-Number.aspx/02081509083/17
https://whocallsme.com/Phone-Number.aspx/07870155337

Am confused, is it Christopher Andrews or Andrew Christopher, or is it one and the same person?

I dont think that Lynn Howard ever worked for Michael as she is worth a hell of lot more money than him.I invested in Pearl Island and the Hotel about two years ago.

I can understand Amber Crest sub contracting brokers to sell the remaining shares.The brokers lied to get people to buy shares withour Amber Crests knowledge.I was told by the broker I spoke to on 21/01/2013 that a certain company had agreed to purchase Pearl Island for 639 Euros per share and the payout to investors would be on 28/03/2013.I bought extra shares as they seamed a good deal at less than half price.Michael had no knowlrdge of the sale and thought 639 Euro per share was to much for someone to pay.

The broker Christopher Andrews rang me after the 28/03/2013 to tell my that because of the cyprus bank crisis the deal had fallen through as an excuse as there was no deal anyway.I have had a update from Amber Crest to say that the Promissory contract to buy Pearl Island is being persued as it is still valid to buy at 4130 Euros per share.

The broker I spoke to Christopher Andrews has a Scottish accent.Hugh Hurschell is a broker there but is not using his real name and I know he has used the name James Dunlop and I have been told he can speak in a Scottish accent so he could also be Christopher Andrews.

I am not an insider but an a normal bloke who met a broker from Morgan Forbes at Silverstone while watching British Touring Cars and started to invest from there.I have been to Madeira five times in the last two years and have seen the Hotel and Pearl Island plaot of land.

As far as I am aware there will not be any units for sale in the Hotel in the future as they are all sold.

The number I have for Christopher Andrews is 07895 993750 but is always in Answer machine.

So how do you know so much about Lynn Howard? how can we all verify she is that good? If you look back at previous posts on this forum you will see her implicated in several of the Nascimento companies.

Firstly I am staggered you were taken in to part with more cash having waited for 2 years already, then you go on to say you did that in January, yet in your previous post say your share certificate has not arrived? did that not alarm you?

Interestingly you state that you sent the money to Amber Crest, in all conversations I had with Chrs Andrews he made no mention of Amber crest until the last quarterly update had been issued which was certainly not as early as January, although the update did say transfer had taken place in December.

The point I am trying to make here is that all the information is so inconsistent as to be highly suspect.

Your next point was about that the promissory contract to buy pearl island was being persued, that would be the same promissory contract they have had in place for about a year would it?

You make a point of saying there was no deal anyway, have you not challenged Chris Andrews about that if you truly believe that, cos he just took you for 3,000 euor's? as I said previously you seem remarkably calm about it.

And what did the latest update say, cos I also saw it, that the Pearl Island is now Paragon Private Wealth, again look back at this forum you will see they are another of Nascimeto's companies, wake up and smell the coffee for God's sake before you lose even more cash.

Even the telephone numbers are not consistent.

Who was the broker you met?

I just hope you didn't invest more than you can afford to lose.

I think all those that invested are always hoping for the best, but in reality the story is just falling apart.

I will grant you one thing, that is those who have been to the site, are consistent that something is there, but clearly, how do you think they have been running the company with its employees for the last two years and the money they put into the car sponsorship and the like, of course using your money.

Even the telephone numbers are not consistent.

Who was the broker you met?

I just hope you didn't invest more than you can afford to lose.

I think all those that invested are always hoping for the best, but in reality the story is just falling apart.

I will grant you one thing, that is those who have been to the site, are consistent that something is there, but clearly, how do you think they have been running the company with its employees for the last two years and the money they put into the car sponsorship and the like, of course using your money.

You keep refering to previous posts on here and I know for a fact that 90% of these posts are either wrong or made up.I do know that in the early days some of Morgan Forbes brokers stole clients money,lied to get people to invest and worked as brokers for other companies while employed my Morgan Forbes.They were sacked and have beem slagging of MF on various forums.

You are asuming that posts on here about Lynn Howard are correct.I think they are not.Please read my post correctly I first had contact with Christopher Andrews on 21/01/2013 but purchased more shares less than two weeks ago that is why I have not recieved my share certificates yet.

Yes the promissory contract is the one that has been about for 18 months with a firm offer to buy both PI and the Hotel subject to the build licence being granted and now that is in place.I have not lost the 3000 Euros that I paid for the extra shares as the money has been confirmes by Amber Crest went to the correct bank account and the share certificate would be with me in two to three weeks.

Parragon private wealth is not one of Michaels companies.

The broker Christopher Andrews contacted me on 21/01/2013 and I last spoke to him when he rang me yesterday.

On one of my visits to Madeira about 18 months ago I spent a day looking at the Golf course,Pearl Island and the Hotel plots of land and spent the next dat with the Architects and they showed me images of both projects,virtual videos of both projects and models of both projects.This was all needed to gain the planning permision and build licence.

Some foreign chap on this number,and was very agressive.

Sorry to be a bit dense, bu which number did you get the aggresive guy on?

Please can you point out in your previous post where it states you bought the extra shares only 2 weeks ago, I have missed that.

Although on reading that post again, I can see you state that brokers where selling shares without Amber Crests knowledge, I have to ask what could they have possibly gained by doing that? as they couldn't possibly have kept the money or even claimed commission if they weren't supposed to sell them?

I had heard that some of the negative posts on here could be driven by old employees with a grievance or just old staff stirring it, which is of course possible.

However in the same vain how do you know that the positive posts are not by current employees who have an interest in keeping the dream alive and themselves employed?

I wasn't implying that Amber Crest had lost your the 3000 euro's, because clearly they have admitted they have your money, my point is that doesn't mean you will see it again.

I am still really confused that you have invested 3000 Euro's very recently to someone who you have admitted lied to you, yet you don't seem to have challenged him about that, and now are confident that it will all turn out ok cos someone else who obviously can't be lying has said that you will get 410 euros for each share. Please enlighten me on how you can be confident that this latest news is not also ficticous, let me guess who told you the 410 euro's return story .... Chris Andrews, oh wasn't he the one who lied to you in the first place?

In a previous post you said that I bought my extra shares in January which is incorrect.This is what happened.

Christopher Andrews first contacted me on 21/01/2013 and told me he was representing Amber Crest and they still had some shares to sell.I was offered 50 shares that would have cost 15,000 Euros but I only decided to buy 10 shares for 3000Euros.I sent the mony by chaps from my bank to theirs.About a week and a half Christopher Andrews rang me to say that they had given me the wrong bank details as they gave me Acropolis bank details.They returned the money to my account and asked me to resend the money to Amber Crest bank account and that arrived about two weeks ago.

I did not say that brokers were selling the extra shares without Amber Crests knowledge.Amber Crest sub contracted the brokers to sell the shares what Amber Crest did not know was that the brokers had lies and made up the story that the Pearl Island had been sold for 639 Euros per share.so people will buy the shares.

Amber Crest have told me that they are selling the shares for 410 Euros as stated in the promissery contract that has been valid for the last 18 months unlsee they can get a buyer to pay more.

Yes Christopher Andrews lied dabout the sale so he would get his commission.I did not challenge Christopher Andrews when he phoned me yesterday as I had found out that the brokers had lied about the sale before yesterday and I had previously talked to Amber Crest who confirmed that my money had been paid into the correct account and the share certificated would be with me in two to three weeks.

You asked me to read your previous post, which was referring to my assumption that you had bought the shares back in January, so I assumed you had mentioned you had bought them recently, which of course it didn't so please don't criticise me for saying you bought the shares in January, as that was the only real assumption I could make,  if your call was the 23/01/13.

I am a little confused as to the role of Chris Andrews, is he an employee of Amber Crest or a is he a sub contract broker?

The real nub of this from what I can see is that it was Chris Andrews who said that the buyer had offered 639 per share, or if he didn't, in your case on what grounds did he think offering you another 5000 shares was a good investment at that time? given you have invested for over two years with no return so far, something must have tempted you, oh yes I remember now you said it could double your money.

In the latest post you have claimed that you didn't challenge him as he had lied to get his commission, and felt that as 'the brokers' had lied about the sale that somehow made it ok for you to part with 3000 euros based on a lie told by Chris Andrews to get his commission? come on this just doesn't add up does it.

All that Amber Crest bank account stuff is all well and good but more smoke to show how honest they are!!!

I noticed you haven't replied to who is now telling you that the shares will sell for 410 to the original buyer, but of course it must be good old honest Chris Andrews, I am surpried you didn't ask him if you could get a load more at 200 euros and double some more of your money.

Sorry I am sound a little bitter here I am not trying to do that especially if you are real investor, but find this so incredible, that previous investors are so easily taken in even by people who they acknowledge are lying.