The document below is so utterly shocking that surely the FCA must now be held to account. In September of last year I demonstrated why Standard Listed Umuthi Healthcare (UHS) was a fraud and exposed how it had been brought to market by a convicted fraudster Connie Van Nieuwkerk. By October 21 2021, the company was forced to ‘feee up in an RNS to Connie and also that its CEO Gert Viljoen had also been arrested in South Africa and was also in the slammer. So how did the FCA respond?
Readers of this website already knew that Umuthi (UHS) a company admitted to the Standard List after full FCA due diligence, was a fraud after our series of exposes HERE. You also knew that its CEO Gert Viljoen and the fraudster Queen Connie Van Nieuwkerk had been arrested as we revealed HERE. Today, it got worse. Much worse.
I exposed the fraud that is Standard Listed Umuthi Healthcare (UHS) in a devastating series of articles HERE. The FCA has the shares suspended but, perhaps because of its own grotesque bungling detailed HERE, has yet to admit there is a problem. Perhaps now that arrests have started in South Africa that might change.
Thanks to the Winnileaks service I have been sent an email from Gert Viljoen, the CEO of the Umuthi (UHS) fraud, sent on 18 September 2019, almost 18 months before the FCA allowed this con to list. Read and weep at the lies Gert told to folks sold shares in Umuthi by either him or the Queen of the fraudsters Connie Van Nieuwkerk with most of the cash trousered by Gert or Connie and a bit going to Umuthi.
So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in the Umuthi (UHS) bezzle and the patsy NED Colin Bloom. Now for a simple question? How many shares were in issue when this company floated?
In part one of this series I established that the flotation of Umuthi Healthcare (UHS) on the Standard List which is regulated by the FCA was organized by a serial fraudster who also made out like a bandit selling shares before and after the IPO claiming they would roof it. But was she acting alone? Did the rest of the board, notably CEO Gert Viljoen and Chairman Advocate Shaun Gresse know about her past? The answer is shocking and can be found in an email from Viljoen which has found its way into my hands.