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BREAKING: Caveat Emptor – Greg Smith is back and wants your cash, why isn’t the FCA stopping this man? A history lesson for newbies (and the FCA)!

By Tom Winnifrith, the Sheriff of AIM | Wednesday 23 March 2022


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.


Over the past few weeks a chap called Greg Smith and his side kick Jeremy Read have been schmoozing folks in London and Paris to raise $7 million for a company called Latin America Resources. There is a glossy investor deck which I have talking about gushing oil production in the Atzam field in Guatemala and some folks may have been tempted.  I suggest that investing in this company without knowing the REAL 20 year back story is financial suicide. 

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