Pello

489 days ago

BREAKING: Today’s shitcoin disaster is c/o chancer Mike Edwards – Aqru, you couldn’t make this up

In the bitcoin, NFT, blockchain frenzy of early last year the gang of Mike Edwards, Jonathan Bixby, disgraced Peter Wall of soon to go bust Argo Blockchain (ARB), disgraced broker Andy Frangos of (has just gone bust) Pello infamy and proven liar John Story staged a number of heists, or as they termed them IPOs.

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495 days ago

BREAKING – Bucket shop stockbroker Pello Capital set to call in administrators Smith & Williamson tonight

Two distinct City sources have contacted me to say that controversial broker Pello Capital, founded by “colourful” broker Andy Frangos, has gone into administration. I have contacted Pello and can reveal that it is not yet in administration but will be tonight. Smith & Williamson will be doing the last rites.

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523 days ago

BREAKING: Wildcat Petroleum makes outrageous claims as tries to complete Pello placing by Monday night!

This is simply shocking. The proven reserves Wildcat Petroleum (WCAT) owns are zero. Nil. Rien. Yet in emails boss Mandhir Singh has been pinging out which have fallen into the hands of Winnileaks he is claiming that his company is “billion (sic) of barrels of oil”. And after a massive pump last week. Guess what….

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549 days ago

BREAKING Winnileaks special: The Jarvis blow up Letter sent to model B clients who have sinned

A good portion of the business of Jarvis Securities (JIM) is providing the back office and custiodial functions for small brokers which don’t have the scale to do this for themselves. Clients include the disgraced Pello. It seems that a number of such firms have been onboarding the sort of clients who engage in certain practices which the FCA might frown on. And thus the FCA has forced Jarvis to halt all Model B clients from taking on new clients while a hugely expensive external consultant establishes what has been going on and what remedial action needs to be taken. Thanks to Winnileaks, the letter Jarvis sent is below.

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791 days ago

EXPOSE: Bixby’s NFT helps out his brother in Law, Argo Blockchain’s Peter Wall with smoke and mirrors Pluto deal

The incestous joke that is Aquis listed NFT Investments (NFT) took another turn today with a related party deal with Pluto Digital, featuring a cast of scampsters including John Story, Andy Frangos, founder of disgraced broker Pello, serial promoter Jonathan Bixby and his brother in law, Peter Wall of Argo Blockchain (ARB).  Did you not know that Bixby and Wall were related by marriage? Small world innit?

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833 days ago

Broker Pello: the scumbags are back but won't say why it was gated by the FCA

Broker Pello, which brought to market such horrors as the fraud Umuthi (UHS) and has been a stain of UK financial services for years is back. The FCA stopped it doing any new business on August 6 but last night it had news for its scumbag clients:

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835 days ago

Boatman Capital savages Argo Blockchain again - devastating dossier Number 2

The highlight of this dossier is Boatman demonsrating how Argo’s (ARB) rebuttal of its allegations about a dodgy Texas land purchase made in dossier No 1, just does not stack up. One might even say Boatman shows Argo was telling porkies.  Then there is the really sniffy related party investment in a company in all sorts of regulatory scrutiny because of its involvment with disgraced broker Pello and its “colourful” boss Andy Frangos. And it goes on and on. As Boatman points out, if you believe in electronic tulips there are many ways to play bitcoin without buying into Argo’s forest of red flags. Anyone owning these shares is mad. The dossier is below.

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868 days ago

BREAKING: Andrew Frangos, the FCA and broker Pello, misleading its customers about Pluto Digital

Broker Pello is still banned by the FCA from doing any new business while the regulators investigate a number of matters, notably how members of the Frangos gang including disgraced John Story broke IPO lockins on an industrial scale using accounts at Pello. Now another matter has come to light, a pre IPO funding round arranged by a company called Pluto Digital. Natch the liar Story was among those invested as were other gang members. However, the FCA has now forced Pello to write to its clients who took a punt with an admission. The email below is what was sent and, quelle suprise, it is utterly misleading. 

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885 days ago

Defi here, Defi there, bloody Defi’s everywhere - more smoke and mirrors from Dispersion

The antics of the Mike Edwards/Jonathan Bixby gang at Aquis listed Dispersion Technologies (DEFI) have been well documented on this website. All sorts of scoundrels backed this in a heavily discounted pre-IPO round, the sort of scoundrels whose accounts at broker Pello ignore lockins and the smoke and mirrors continues today with news of an acquisition. The stench here is getting unbearable.

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916 days ago

Wildcat clears decks for bailout placing and it is now being forced to tell the ghastly truth

Make no mistake, a bailout placing is underway at Wildcat Petroleum (WCAT) as revealed in yesterday’s bearcast. Today, a new adviser to replace disgraced Pello Capital, currently banned by the FCA from doing any business, has forced it to come clean so that it can place.

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926 days ago

BOMBSHELL EXPOSE: Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 9: the disgraceful failures of the FCA, not fit for purpose

So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom - now since resigned. Then we established that nobody actually knows how many shares there are in issue. and finally we established that there is almost certainly no real business at Umuthi whatever it accounts state!  And then we exposed the red flags over auditors and the enablers at Jeffreys Henry Earlier today I turned to the resignation of Memery Crystal. Next up is the UK’s regulator and why this episode, again, shows it to be not fit for purpose. 

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926 days ago

BREAKING BOMBSHELL: Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 8: the resignation of Memery Crystal

So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom - now since resigned. Then we established that nobody actually knows how many shares there are in issue. and finally we established that there is almost certainly no real business at Umuthi whatever it accounts state!  And then we exposed the red flags over auditors and the enablers at Jeffreys Henry. Now we turn to the resignation of lawyers Memery Crystal a firm I have thrice beaten off after it sent fascist bully boy letters threatening me on behalf of crooks like Chris Cleverly. Memery was lawyer to Umuthi. 

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927 days ago

Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 7: the role of auditor Jeffreys Henry - is it a criminally negligent enabler of fraud?

So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom - now since resigned. Then we established that nobody actually knows how many shares there are in issue. and finally we established that there is almost certainly no real business at Umuthi whatever it accounts state! Hang on what about the auditors?

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927 days ago

Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 6: there is no actual business here at all

So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom. Then we established that nobody actually knows how many shares there are in issue. Now for a real killer. Does Umuthi actually have a  business? 

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927 days ago

Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 5 - How many shares were in issue & follow the money

So far you have met the fraudster Queen, the other South Africans on the board who are mired in  this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy NED Colin Bloom. Now for a simple question? How many  shares were in issue when this company floated?

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927 days ago

Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 4 An Englishman Patsy abroad, Colin Bloom

So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in the Umuthi (UHS) bezzle. Now to the useful idiot, the patsy Brit on the board. A man in denial….for  three grand a month, the man grinning at you below,Mr Colin Bloom. 

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927 days ago

Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 3 one of the implicated enablers, Pello Capital

So we have met the fraudster Queen who managed to float Umuthi Healthcare (UHS) HERE and established that board members were complicit in this criminal and fraudulent IPO HERE. But what of the folks who enabled or facilitated this fraud here in the City of London where ones word is ones bond? Before we turn to the fraud at the heart of Umuthi a brief mention is due of the advisers and we start with Pello Capital, a broker and adviser to Standard listed firms.

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955 days ago

Tom Winnifrith Bearcast: Pardonnez moi je parle le Francais pour Jean Marc. Il est un grenouille qui achete merde

Maybe I have got my Franglais a bit wrong but I do my best as I explain why Jean Marc just does not get it with Braveheart (BRH) and the spiv Trevor Brown. I start with a few more words on why I hate the Greek seaside which the Mrs forces me to go to and which has put me in a foul mood as a result. It always does as I noted a few weeks ago. I then look at the ramptastic disaster that is Helium One (HE1) and then, mentioning today’s Pello expose, I go onto a detailed analysis of the position at the fraud Zoetic and why the shares, now down to 39.25p, are heading to between 0p and 5p.

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955 days ago

BREAKING: The real SHOCKING reason broker Pello has been stopped from doing business by the FCA

On Friday I reported that broker Pello, always a “colourful fringe player”, i.e the sort of firm whose card was already marked by the FCA, had been told by the FCA to stop dioing business. I wondered how it could have run into financial issues while every broker in down was enjoying the Covid bull market and making out like a bandit.  I am now told that Pello has also made out like a bandit and has no cash issues but…

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961 days ago

Tom Winnifrith Bearcast: Pello suspended by FCA, the past present & future (an explosive dossier on Saturday)

I look at the shock suspension of trading by the FCA of City broker Pello. I look at Braveheart Investment Management and how Trevor Brown has made £7.5 million from pump and dump while mug punters have lost up to 85% on one pump and 60% on another. Finally, tomorrow will see an explosive dossier on the fraud Supply@ME Capital (SYME). It is a zero.  Meanwhile, Ian Westbrook has now raised £19,105 on the make loathsome Neill Ricketts of Versarien (VRS) sweat like a pig appeal. We need just £895 to hit target so keep those £10 and £20 donations coming HERE

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