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In order to create the momentous fraud that was Quindell (QPP), Rob Terry established 191 subsidiaries. Most traded with each other. Some were issued with Quindell shares which they then dumped to allow them to “buy” bogus services from other Quindell companies. Monies were borrowed and lent so that by late 2014 even Quindell could not keep track of what was going on.
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Comments
Long Memory
Tom
Among stocks all the awards they won didn’t FD Lawrence Moorse also win a Finance Director of the year award 2 or 3 years back?
Cant remember who sponsored this award or which group of award s <Aim Award, Plc awards etc) or the sponsor (Grant Thornton?) but the event should be named and shamed.
Google seems to have also joined the QPP deniers as my searches draw a blank bu I remember it heppening
alcira16247
Tom
Brilliant piece of investigational journalism.
There can be little doubt that Mr Fielding is heading for a fall. Another soul, corrupted by greed and the malevolent hand of his former Master.
Seems there is a distinct possibility that Mr Fielding may have plenty of time, in between visits to the showers, to reflect on his wrongdoing.
Personally I’d be cutting a deal with the authorities pretty damned quick!