UK 09:56 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In 2015 I exposed InternetQ (INTQ) as a fraud with my “From Athens with Love” dossier. The FCA did nothing at all. And major shareholder both PA and via his fund, Martin Hughes of Tosca Fund, worked with the management to take the fraud private. Tosca took a seat on the board. They repackaged it as Akazoo and in 2019 floated it again on Nasdaq. Then my pal Gabriel Grego exposed it as a fraud all over again and this time the company fessed. Gabriel made it clear in the opening paragraph of his report that we had exposed exactly the same fraud in 2015.
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