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TMC Southern – Rob Terry and Mark Ford try to cover up a big Quindell fraud – it won’t wash with the SFO

Tom Winnifrith Saturday 19 September 2015

 

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The fraud Quindell (QMC) has now formally admitted – what I proved well over a year ago and the FCA & AIM Regulation opted to ignore – that Mark Ford’s company TMC Southern was used to create totally bogus profits for Quindell in 2011. In fact its £3.5 million fraudulent contribution – funded by a panama pump of shares – accounted for nearly all the stated £4.1 million profit.  It seems that Rob Terry and Mark Ford are working hard to “bury” this bad news. It will not wash with the Serious Fraud Office.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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