Read the Following and Spot the Trend
I want to warn people and make them aware of Mr Ian Stamp and his companies. UK Integrity and Innovative Financial Designs Limited both at Systems Technology Park, Elettra Avenue, Waterlooville, Portsmouth, Hampshire PO7 7XW. I understand he now only trades as Innovative Financial Designs Ltd.
I am an Independent Financial Advisor who after visits from Mr Stamp was convinced he had a great product with a very impressive track record that would make my clients a lot of money on a low risk basis.
He presented to me past performance charts and also a detailed record of live trades and accounts. All of this turned out to be fictitious. The performance charts and everything else turned out to be based on simulated performance with no money invested whatsoever. Once this surprise was sprung on me it was too late and I have invested clients money.
From day one the clients funds reduced and even dropped more than 20% in one month. By the time trading stopped my clients had lost 90% of their investment in 6 months. His excuse was that it was not his fault and it was down to bad account management at the company he had chosen to manage the investment.
He even told his business development manager to visit me and tell me a pack of lies as to what happened. Lucky for me my business development manager was horrified at what he was asked to do and told me the full story, thank god.
Mr Iain Stamp then told me that to make up for clients losses his company would not be taking any performance fees from the investment and he urged me to take nothing either until the clients balances were rectified. Again, this was another lie from Mr Stamp. Although he did not take performance fees he did take a margin from each and every trade that was made on every clients account both in and out. A senior member of his staff at head office told me this in confidence. To put this in to monitory terms the month clients lost over 20% HE MADE OVER 600,00!
I have since found out a number of other interesting things about Mr Stamp and his previous history. He had a previous investment that he put together that was equally fantastic and he sold it UK wide. IT LOST ALL OF THE CLIENTS MONEY AND SOME CLIENTS EVEN LOST THERE HOMES DUE TO HIM ENCOURAGEING THEM TO REMORTGAGE TO INVEST. Again the same head office source told me that he had made millions from this. I believe the investment was TEPS Traded Endowment Policies.
Mr Stamp and Integrity were find over 300,000 from the FSA. He the then liquidated this company and changed the name to UK Integrity!
Since this recent scandal surrounding Mr Stamp, UK Integrity and the loss of clients money etc etc etc. He now works under the name of Innovative FD and yes you have guessed it with another set of products aimed at getting peoples hard earned money and making him a fortune while loosing all of the clients money for the third time. The new products have no track record and again all performance is simulated. What I really mean is everything is all made up by him!
If you come across this man or his company stay well clear before he looses all of your money.
Has anybody else lost money at the hands of this crook MR IAIN STAMP?
iain stamp, companies ppf finance ltd and ppf finance spv ltd and others
Mr Stamp offers loans for projects by offering good terms but takes large advanced fees . His structure is to issue a bond for the loan from his ppf finance spv and then provide a loan using some unusual high yield return system to provide funding. i entered into such an agreement more than two years ago and till now have not seen any loan funds. the advanced fees were paid into an escrow under ppf finance ltd. Timothy Eppel a UK lawyer amongst other law firms provide the escrow facility. the lawyer takes a fee from the escrow deposit, which i recently found when i called the lawyer to see if the funds were still held in the escrow. the lawyer told me that he had taken his fees and transferred the monies that were held in escrow to Mr Stamp. The escrow is pooled with many clients money, as i am aware from the presentations they made and documents they showed, he has signed up with many tens of clients and collected many millions. in the to presentation i was told that they had a loan book of over 1.5 billion pounds. now when i asked my lawyers to run a check on him and it was discovered that none of his companies has any assets of any value to be able to support any loans worth any amount.
i have chased mr stamp many times and requested my funds to be returned as per the terms of the agreement and he has threatened me by legal letters from Keystone law a london based law firm. After further investigation I found that he has many companies with nice offices pitching his scheme and collecting advance fees in return for commission. One such company is london based Westwood, nice offices, but the same presentation. His directors who met me in person no longer employed by his company
Further investigation has shown that he uses the escrow funds for his personal funding and for funding other of his companies.
He has been collecting funds in England using Irish companies which are not registered with FCA.
MR STAMP HAS A FULL HEARING WITH THE FCA AS HE HAS BEEN CAUGHT SELLING UNREGULATED PRODUCTS IN THE UK FROM HIS OFFICES IN PORTSMOUTH. ANYONE WHO INVESTED IN THE IRISH BONDS AND TILL NOW HAVE NOT HAD THEIR MONIES BACK PLEASE CONTACT THE FCA.
SEE BELOW PEOPLE INVOLVED DIRECTLY IN THE ORGANISATION
HM Courts & Tribunals Service Guidance
Upper Tribunal (Tax and Chancery) financial services hearings and register
Updated 1 September 2017
Reference number Date received Applicant v Respondent Hearing type Hearing details Outcome
FS/2017/013 9 Aug 2017 Iain Clifford Stamp v FCA
FS/2017/012 9 Aug 2017 UK Innovative TI Limited v FCA
FS/2017/011 4 Aug 2017 Stargate Capital Management Ltd / Stargate Corporate Finance Ltd v FCA
Accomplices – running the show in the Portsmouth offices
Owner – Iain Compton Stamp – recently changed his name
Master mind – Paul Burrell – calls himself compliance officer (knows where the money is hidden)
Operations – Gary Johnson – on the phone and emails catching the investor with lies
According to the FCA, UKITI received the majority of an £800,000 commission rebate, plus upfront fees of 5% from investors, a 25% performance fee and a 0.5% annual algorithmic rental fee.
The fund generated losses of around £185,000 in January 2016 and £221,000 in October 2016, however these losses were unrealised. In addition, the fund was marketed to potential investors using performance data based on realised trading profits and losses alone.
While there is little information available on the Momentum fund, also designed by UKITI, the FCA said it appears SCM provided a similar service to this small FX fund as it provided to FX Perpetual.
Behind UKITI is a man called Iain Stamp, who was formerly the chief executive of Integrity Financial Solutions. This company, which was established by Stamp in 1998, was censured by the Financial Services Authority in 2010. Because the firm was in liquidation at the time, the regulator waived a £350,000 fine.
The regulator noted that the distribution of the fees suggests that UKITI is actually acting as the investment manager of the fund, not SCM. A review of 25% of client files also showed that none of the investors had received a suitability assessment.
IAIN STAMP
IAIN COMPTON STAMP – NAME AND ID CHANGE
FX Perpetual and the Momentum fund
IAIN STAMP OWNED AND MANAGED FX Perpetual is described as an ‘absolute return systematic algorithmic FX trading strategy’, which trades 25 currency pairs on an intra-day basis.
According to the FCA notice, there were 67 clients invested with a total of £1.67 million as of March 2017.
The fund was developed by an unauthorised company, UK Innovative TI (UKITI). For PROVIDING UMBRELA Stargate Corporate Finance (SCF) SCF receives £3,000 per month and a 10% performance fee.
According to the FCA, UKITI / IAIN STAMP received the majority of an £800,000 commission rebate, plus upfront fees of 5% from investors, a 25% performance fee and a 0.5% annual algorithmic rental fee.
The regulator noted that the distribution of the fees suggests that UKITI is actually acting as the investment manager of the fund, not SCM. A review of 25% of client files also showed that none of the investors had received a suitability assessment. AN INQUIRY ON THE FUND WAS RESPONDED BY HIS OFFICE AS BELOW, CLEARLY CONFIRMING IAIN RAN THE FUND
From: Gary Johnson <gary.johnson@wealthfortress.co.uk>
Subject: FX Perpetual Managed Account AUM
Date: XXXXXXXXX BST
Cc: Iain Compton-Stamp <iain@wealthfortress.co.uk>, Paul Burrell <paul.burrell@wealthfortress.co.uk>
Hello xxxxx
The AUM for FX Perpetual Ltd is £2.2 million Sterling and it would be best to speak with Iian because the family office will have a stand alone account if they choose to take this proposal forward.
If you are available to speak to Iain please let me know and I can put this into Iain’s diary.
Regards
Gary Johnson
Wealth Fortress AT
Office Number: 02392 217 250 Overseas callers: +44 23 9221 7250
WHEN THE QUESTION ON THE FUND PERFORMANCE WAS ASKED, GARY PROVIDED A FLIER SHOWING £2,2 MILLION UNDER MANAGEMENT (NOT FIGURES AS PER FCA INVESTIGATION) AND HISTORIC RESULTS SHOWING A 19% GAIN WHILE THE FUND HAD MADE A LOSS AND PRESENT YEAR FIGURES SHOWING A TREND TO 49% WHILE THE FUND HAS BEEN LOSING MONEY
WORST STILL MR STAMP CHARGED £800,000 IN FEES ON A FUND SIGE OF £1.6 MILLION AND THE FUND HAD BEEN LOSING MONEY
SO THIS FUND HAS BEEN A FRAUD – UNREGULATED AND TAKING MONIES OF INVESTORS WITH FALSE INFORMATION, RUN FROM A SWEAT SHOP
Harrington’s call centre run by Mr Akbar. Where MR STAMP has been selling his financial products without regulation.
We understand that Harrington’s are NOW under investigation from HMRC for various activities which could be deemed as not regulated and tax evasion
Iain Stamp was running what is essentially a platform trading scam through his company PP Financing. He has gotten better and better and making legitimate looking websites and changing the names of his companies to conceal the scheme underneath, but use internet archives to look through his old websites and you can see how plainly his investment offerings are run-of-the-mill scam techniques. I am certain his recent companies are just as fraudulent.
Iain Stamp seems to have taken the website down, but it is not erased from the Internet archive. For example, compare his old PP Financing “proposition” to FBI and SEC scam warnings and see how much it matches up, claims that he can trade bank debentures and SBLCs for large profits, for example. The “origins of funding” section of that version of his old website is also gold. Textbook scam artistry:
web . archive . org / web / 20141006082536/ ppfinancing . com:80/Proposition.htm
And here is the FBI page warning against these types of scams:
At the bottom of that FBI page there is a list of phrases that are “red flags” for investment fraud. The majority of these terms appear in Iain Stamp’s “proposition” and other sections of his website. They are fancy looking words used to trick people into giving money to con men.
This link from the SEC is also useful to understanding his scheme: sec . gov / oiea / investor-alerts-bulletins / ia_primebankscam .html
Iain Stamp has been defrauding people for years. Now look in the news – people are finally asking questions about how he managed to “lose” 5 million in investor funds through his sham Ireland companies.
thetimes . co . uk / article / english-funder-urged-to-explain-missing-5m-jwrkkrkb8
I am willing to bet about as much that this money is now sitting in an offshore account he controls. Even when he operated a “legitimate” company, Integrity Financials Solutions, he misrepresented the level of risk involved to retirees who lost everything as a result. Since then he has decided to simply engage in all-out fraud. He is a parasite and I hope that recent news on investor anger means that his crimes may have finally caught up to him.