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Tom Winnifrith BOMBSHELL Bonus Bearcast: BSF Enterprises, the dodgy fund raise with the fraudster

Tom Winnifrith
Monday 1 December 2025
The £5 to £15 million fund raise itself is dodgy as hell as it is a cut and paste of the Mast Energy (MAST) scam. But the counterparty, secured by the king of the spivs Jon Bellis, is a convicted boiler room fraudster aged 81 operating in the Bahamas. You could not make this up. Will the FCA act on this scandal? Links to articles about Adrian Towning are below.

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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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