Dan Levi's attack on Winnifrith still online

It has been more than two months now since Brokerman Dan Levi (see tab, above) wrote this column on his Guerilla Investing site, accusing Tom Winnifrith of fraud, yet still there has been no libel complaint or withdrawal of the article. It is worth a read. Sometimes we wonder if all Tom's shrieking about the supposed transgressions of others is designed to remove focus from his own murky dealings.




Exposed Tom Winnifrith. Going to Jail?
I accuse that well known financial Journalist Tom Winnifrith, shareProphets of wholesale fraud, blackmail, tax evasion and market abuse the hypocrisy charge being incidental but never the less indicative of the deceits and charges  Winnifrith now has to answer in full.
The list of charges are endless the evidence is compelling.
This is a man who has ‘Self-Styled’ himself as the ‘Sheriff of Aim’ a man that is up to his neck in market abuse, fraud and ‘dodgy’ deals par excellence. Using the cover of  ‘financial journalism’  for personal financial gain. The sheer bloody hypocrisy is jaw-dropping.  He was informed yesterday that this was coming. As per form Winnifrith has been running scared, emailing and contacting my close city friends attempting to put pressure on me not to publish. You were told and warned many times by myself that you keep attacking me and my friends and I will unleash the dogs of war. The truth of what every retail investor reads here is horrific. This is a 14 month investigation. What is written here is just the tip of a large corrupt financial scandal. There’s much more to come. Particularly rumours of a USA London listed Company seeking to bring racketeering charges in America.
Rivington St Holdings
Winnifrith, as most already know, ran the ill-fated Rivington St Holdings, a company that went bust losing thousands of share-holders millions of pounds. He was ‘booted’ by Jim Mellon for major compliance failures. Documents seen by this website paint a sorry tale on the back of a report from a KPMG investigation into the transference of £100,000 of share-holder money that was rinsed out of the company to Tyre Solutions Ltd, just before the administrators came knocking. Tyre Solutions very quickly went bust. The report found that: There were three potential areas for a fraudulent transaction. – that the initial investment proposal was a fraud on the EIS fund – that the proceed of the investment were fraudulently expended by Commercial Tyre Solutions Limited or its officers or employees – that residual assets were fraudulently disposed of before the appointment of the administrators”.  Winnifriths recollection is rather sketchy….
TW had also been actively buying stock in Athol Gold to ‘hold up’  the share-price. He was the AG Investment Advisor! This is absolutely incredible! The document has 18,  yes 18 major compliance breaches. On compliance Note/breach 13 (Unlucky for Tom) ; Athol Gold c30% held on an aggregated basis —TW inv advisor to AG. Funds keep buying AG to hold up price. Tips 1M get perf fee from AG and from funds. The full list of Compliance breach’s can be read at the bottom of this Blog.
It gets worse, a Suspicious Activity Report (SAR) filed by the compliance officer, Michelle Lees, on yet another dodgy deal orchestrated by TW, (see document at bottom of blog) with a chap called Mr Zamavi Sithole, who was on the then ‘FSA radar’, accuses him of acting ‘Ultra Vires’ which basically means illegally. Among the many allegations levelled, Winnifrith had been trying to force accelerated opening of  JPJ share trading accounts for Mr Sithole without ‘appropriate KYC,’ know your client. It further states that ‘Compliance’ was warning that any association with this client (Sithole) would be ‘very damaging’. The fact that RSCP stated the FSA had given a ‘steer’ in favour of the deal was admitted by the compliance officer to be nothing short of a lie. Complyport summed it up thus; “The potential person (Sithole) is on the FSA radar and any sale to this individual would, without putting too much colour, be regarded as laughable in the extreme unless you want to commit regulatory suicide”.

Winnifrith was motivated by 2 factors:

1. The need to increase his own wealth – even though it was mainly paper based (apart from the massive dividend he paid himself in 2011).

2. The need to cover up the fact that he should never have been allowed to run any company – and never a public one.

The Suspicious Action Report document is a record of an internal investigation into a proposed transaction that would have achieved 3 things:

1. Sold a dormant entity called T1ps Investment Management UK Limited to a chap called Sithole for £20k. BUT

2. As part of the deal Sithole would have bought £600k worth of 10% loan notes in RSH, raising much needed cash in Sept 2011, AND

3. Sithole would have bought a substantial amount of RSH shares from Ambrian, who were a motivated seller.  By doing this TW keeps the shares off the market and keeps the share price up. That is wholesale market abuse. Slam Dunk!

The problem was, Sithole was also a crook and someone at RSH found out when he tried to take out a massive life insurance policy on the back of the proposed deal with RSH.

Chris Potts & ShareProphets. #Pottsgate

Christopher Potts, who is he? Let me educate you all! Potts or ‘Pottsy’ as most corporates refer to him, used to work at Evolution Securities, a regulated individual. He’s a long time close friend and business associate of TW. ‘Pottsy’ was booted out of Evolution Securities for market abuse and censured by the then FSA and fined £75,000. Never to be  regulated ever again. Now I need to state I have no axe to grind against this man. He’s doing what most investors try to achieve and that is make money and get the information that can limit his risk.

However on the formation of shareProphets he paid £25,000 to TW for a major stake in SP. Winnifrith failed to declare the full cash transaction with not only UK tax authorities but with Company’s House. He also kept ‘Pottsy’s involvement with SP ‘quiet’. He pocketed the cash. That is fraud and tax evasion. It gets worse, much worse… Most of the companies that Pottsy invests in are given ‘glowing’ ramps by SP.
Companies such as Optibiotix, dotDigital, Ascent Resources, BlueBird Merchant Ventures, Frontier Resources (Now Called Concepta) the list goes on and on and on.. And guess what? At no time did shareProphets declare that their business partner and MAJOR share-holder in shareProphets was holding stock in these companies, not only holding but trading and making millions of pounds! That is market abuse on a gargantuan scale! shareProphets and Winnifrth were ramping their business partner and MAJOR shareholders stock! A man censured and fined for market abuse. So come on Tom speak up explain how many stocks and shares you’ve ramped that Pottsy held and lets have a look at your share-trading account/s. I’m sure YOU never traded on any of the information or companies that Pottsy was in….  Just how many brown envelopes were there?

And just where was Mr Christopher Atur Potts on Wednesday of this week? Why he was (with some difficulty to great guffaws of laughter ) cracking open bottles of champagne with Thomas Z Winnifrith at the UK Investor Cabaret night (Pre Show). You’ll all recall just how much TW hates and castigates the corporate coke sniffing, champagne ‘PR bimbos!’ and brokers. Well that party was full of them! The Hypocrisy of this fooker knows no bounds…. Retail investors are being rinsed and laughed at by these corporate hyenas and the biggest joke of all is that everyone at that party, whether it be CEO’s, Brokers Public/Investor Relations, know full well that this has been going on for years. The joke here is that TW will be hosting a seminar tomorrow at that show on Fraud. Yes on April fools day. You couldn’t make it up could you?


http://guerillainvesting.co.uk/2017/03/31/exposed-tom-winnifrith-going-jail/

Winnifrith and the Muslims

In his repeated rants about the “extremists who claim to act in the name of the prophet”, Tom Winnifrith has been careful to point out that they represent “a small minority” and that “Most Moslems are great folk”.

“It is terrible that all Moslems are tarred with the same brush,” says Liberal Tom, adding: “To stop this it would help if the vast majority of Moslems who are good folk stood up and said ‘we do not want to hang gays, sweep all the Jews into the sea, see political prisoners shot to celebrate Eid but do believe in free speech’.”

That was last year. This year, the liberalism wobbled a bit with these words: "nearly all Muslims despise terror attacks in Europe but nearly all terror attacks in Europe are carried out by Muslims”.

But Winnifrith’s liberal credentials have been under attack before. It is not generally remembered that back in 1993, he was one of three members expelled from the Liberal Democrat party for “pandering to racism”.

The expulsions were ordered after the Lib-Dem leader of the time, Paddy Ashdown, appointed Lord Lester QC to lead a seven-strong committee of inquiry into allegations that leaflets distributed by Winnifrith and others in the East end of London were an incitement to racial hatred.

The allegations were serious enough to prompt Attorney General Sir Nicholas Lyell to ask the Metropolitan Police to look into them. After the British National Party won a seat in Tower Hamlets in 1993, the Lib-Dems were accused of attempting to capitalise on the racist climate in the borough with leaflet material which Ashdown admitted “"could lend itself to a racist interpretation". The atmosphere was particularly highly-charged as the election followed soon after the murder of Stephen Lawrence.

As The Independent (which despite its pro-Lib-Dem sympathies made no attempt to defend the accused) reported on 18 December 1993: “The inquiry report criticised the party leadership, saying it found 'ample evidence' that the party at federal, national and regional levels had been aware of problems in Tower Hamlets since 1990.

'It is also clear that despite a number of suggestions to this end, no effective concerted action has been taken at any time to ensure these problems were fully and effectively resolved,' it said.

The use of Liberal Democrat 'focus' leaflets had involved 'exploitation of the local prejudice against immigrants in the allocation of housing in order to win votes'.

It condemned the conduct of Mr Shaw, Mr Mathews and Mr Winnifrith, but the committee said it was unfortunate that action was not taken after Mr Harris had taken seven Liberals to court for issuing a fake Labour leaflet in the May 1990 elections. [The leaflet] alleged that if elected Labour would rehouse homeless Bangladeshis in Tower Hamlets.

The report found that Liberal campaign statements such as 'Liberals fight for local people' or 'Liberals fight for those who survived the Blitz' were construed as racist.”

Tom was not happy. He did not deny his role but felt that others should be taken down with him.“Mr Winnifrith accused the Liberal Democrat inquiry team of using him as a scapegoat, a charge denied by Lord Lester.

'I played a part in two leaflets. There were many senior figures in Tower Hamlets Liberals who played a part,' he said.

'It's quite clear that the small guy is dispensable. That is me. I am being scapegoated because I am dispensable and they are not,' he said in a BBC Radio interview.

Exposing the bitterness against Lord Lester's team, he accused those who wrote the report of 'living in the shires and leafy suburbs sipping claret'.

'We won this borough without help from the national party. They've been a nightmare ever since we got involved with them. It's up to each individual person and their conscience whether they can accept this pile of shit that Lord Lester had produced'.”

In January 1994, reported The Independent, Winnifrith attempted to fight the expulsion abut at a metting of the Liberal Democrat London executive, it was revealed that:“Mr Winnifrith was responsible for a leaflet depicting a black boxer, which the inquiry team found suggested that black people were responsible for problem estates where 'survivors of the Blitz' lived in fear for their lives. It was distributed in the Isle of Dogs during last autumn's Millwall by- election, which was won by the British National Party.”

So offensive was the leaflet that the BNP candidate accused the Liberal Democrat campaign of stealing his policies. In the event, though, the campaign failed: the Lib-Dems came third and Winnifrith & co were chucked out.

 

Winnifrith tries to spin his way out of Avanti trouble

Rarely has Tom Winnifrith's behaviour been so ostentatiously egregious as during the last few days, in his attempts to gloat over the precarious position of Avanti Communications, the satellite operator whose shares he has been attacking for the past two years as lickspittle-in-chief to the short sellers of the hedge fund industry.

The lawyers are watching the trolls

Word reaches us that the fearsome City solicitor Ian Rosenblatt is sending a colleague along to the QEII conference hall in Westminster to observe proceedings at tomorrow's (30 April) UK Investor Show, an annual gathering of financial trolls and their followers and collaborators.
The lawyer has been instructed to monitor every word spoken by top troll Tom Winnifrith and his co-conspirators Simon Cawkwell (Evil Knievel), Lucien Miers and Matthew Earl, among others.

Do investors in new Mellon venture SalvaRX know of RSH row?

A fascinating story in the Financial Times tells how Jim Mellon is bringing a cancer drug biotech company to the Alternative Investment Market this week Jim Mellon-backed biotech to join AIM. As it is operating in a market potentially worth billions of dollars, SalvaRX may well attract enthusiastic interest from investors.
However, the article does not mention anything about Rivington Street Holdings, Tom Winnifrith or the investigation into allegations of fraud. Nor, therefore, does it question whether Mellon knew about the allegations or indeed about the investigation by KPMG, which the RSH board - of which he was chairman - had commissioned at great expense (Mellon has tested credulity by indicating on Twitter that he knew nothing about it). Nor does it ask if Mellon responded to KPMG's findings by dismissing Winnifrith.
Are these not questions which potential investors in other Mellon ventures would want asking - not to mention answering?

Now Mellon says he didn't read the fraud report he commissioned from KPMG

Another astonishing development in the Twitter campaign by mystery tweeter @Decmax1 and Jim Mellon, the self-styled Warren Buffett of the UK.

With his (her?) teeth firmly attached to Mellon’s trouser-leg, @Decmax1 asked again if there had been a fraud and cover-up at Rivington Street Holdings, where he was chairman. In response, Mellon has tweeted: “I know nothing about what you are talking. Perhaps you should ask KPMG” (see tweets, below).

Leave.EU Ambassador and Founder Donor embroiled in fraud accusations

Jim Mellon, who claims to be “Britain’s Warren Buffett” and a multi-millionaire entrepreneur has been forced by a social media campaign to deny accusations of fraud. Mellon, a founder donor and Ambassador of the Leave.EU Brexiters, made the denials on Twitter after four days of goading by the mysterious campaigning tweeter @Decmax1, insisting that he was never accused of fraud. However, he responded to Winnifrith’s Twitter plea for help - Winnifrith had begged Mellon on Twitter to help him, saying "Jim tell them its all lies” - by dodging questions as to whether Winnifrith had committed and was fired for fraud.

"I'm not a fraud" tweets Winnifrith - then deletes the tweet

Entertainment aplenty fron anonymous blogger @Decmax1, who after reading the contents of this blog demanded of Winnifrith on Twitter:

Why will Vile @ShareProphets Troll @TomWinnifrith not answer the question: DID YOU COMMIT FRAUD? http://www.financialtrolls.blogspot.co.uk/2015/11/the-kpmg-report-on-winnifrith-and-t1ps.html …

Initially Winnifrith responded: "No he did not. Go on Jim [Jim Mellon, presumably] tell these morons it is all lies."

A Call to Arms

We published last month a report from KPMG, who were drafted in to examine financial irregularities at Tom Winnifrith's company Rivington Street Holdings plc and the T1ps Fund it managed.

We have independently verified that the document we reproduced is genuine.

The report suggests that Winnifrith might have misled investors.

Another blogger on the subject of Winnifrith

"It is truly astonishing to have consistently failed at every opportunity, we believe it is unparalleled in the UK and welcome challenges from people who may know someone with a worse record. Yes there are individual cases at single companies but not consistently from one company to the next without even one success. Is Tom Winnifrith the biggest loser ever?"
https://sheriffsofgurus.wordpress.com/2014/09/09/is-tom-winnifrith-the-biggest-loser-ever/

Some points for consideration about Tom Winnifrith

1. Winnifrith managed a regulated small cap fund as well as operating a PR business, stock brokerage and tip sheets

2. His fund management performance was bad

3. The authorities, it is widely known, were already concerned about the conflicts of interest between his businesses

The KPMG report on Winnifrith and Rivington Street Holdings

(We have consulted our own sources and are satisfied that this document is authentic)

Introduction and executive summary

Background

Until October 2010, T1ps Investment Management Limited managed the Tips Small Companies EIS Fund (“the EIS Fund”). In March 2012 an investor in the EIS Fund complained to the UK Financial Ombudsman Service in respect of T1ps Investment Management Limited for failing to deliver a necessary EIS certificate that was essential to claim the eligible tax benefits in relation to his investment in the Fund. Subsequently, in October 2010 the business and clients of T1ps Investment Management Limited were novated to T1ps Investment Management (IOM) Limited. Satisfactory responses have not been forthcoming to resolve the complaint of the investor, nor the enquiries of the regulators; the Financial Supervision Commission in the Isle of Man and the Financial Services Authority in the United Kingdom.

Tom's tips may have been tom-tit, but that never slowed him down

Tom Winnifrith has had a number of incarnations. His first was as a financial journalist on Investors’ Chronicle and then the Evening Standard, which lead to him becoming a professional tipster.

His record as a tipster, however, is not something he can be proud of.

Dan and Tom: the story of the armed robber and the "sheriff"

Daniel ‘Brokermandan’ Levi’s exposure as a former armed robber who spent 16 years in maximum security prisons, raises inevitable and pressing doubts about his business associates - primarily the apparent ringleaders of their short-selling game, self-proclaimed "Sheriff of AIM" Tom Winnifrith and infamous short-seller Simon Cawkwell.

The Times on the money yet again with startling expose of Winnifrith's long-time associate BrokermanDaniel

This extraordinary story contains information which appears to contradict our own investigation (see above tab) of the background of  'Daniel Levi'. One explanation is that our investigators simply got it wrong when they found that his real name is James Moloney. The alternative is that, in his attempts to hide his background, he has over the years changed his name more than once. 

The armed robber who rode into the Wild West