Browsing All Posts filed under »Uncategorized«

Connaught Threatens Action Group

August 8, 2012

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To whom it may concern, I work for White Dragon Communications and we handle the PR for Connaught Asset Management. The team at Connaught Asset Management are aware of your website which is completely misleading, erroneous and materially inaccurate in practically every instance.  If it isn’t taken down immediately, Connaught Asset Management will be pursuing […]

Are there two companies called Connaught Asset Management?

August 6, 2012

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It appears that there may be an onshore company and an offshore company called Connaught Asset Management Limited. The annual return in March 2012 of the English company called Connaught Asset Management says that a shareholder is Connaught Asset Management Limited. Is the latter a separate offshore company? It has been rumoured that the Fund […]

URGENT PLEA : Please don’t waste your proxy form!

August 6, 2012

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Please attend the meeting on 13 August or if you can’t attend, please ask your advisor to attend. If this is not possible, please send a proxy form (duly signed and completed) to the Connaught Action Group at connaughtactiongroup@gmail.com as soon as possible so that we can ask vital questions (see the questions tab of […]

Who is the Mr Big behind Connaught ?

August 5, 2012

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It appears that Nigel Walter, who ran a highly speculative land banking business called UKLI Limited, is the man who calls the shots at Connaught. We attach a link providing details of the land banking business at UKLI Limited and also a copy of Moore Stephens resignation letter as auditors. Moore Stephens highlights that Nigel […]

Losses Increase Dramatically

August 5, 2012

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The latest “guestimate” of a shortfall on the Connaught Income Fund, Series 1 (formerly called the Guaranteed Low Risk Income Fund, Series 1) is now £30 to £40 million including fictitious loans. This rough estimate has just been obtained by an IFA from Duff & Phelps.

Further reasons to suspect fraud. Questions that Mike Davies refuses to answer…

August 5, 2012

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Here is the list of questions that Mike Davies, the Managing Director of Connaught Asset Management, has refused to answer. Naturally investors and IFAs can draw our own inferences over the conduct of Connaught in the light of such refusal. 1. Did Connaught Asset Management (or any entity employing Connaught officers or employees) receive any […]

Tiuta banned from taking on new mortgage business by FSA

August 5, 2012

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The FSA’s register states that Tiuta PLC may not undertake any new regulated mortgage business. Click here to see the FSA website entry.