tarring with the brush?

But this guy isn't a Madoff. Madoff WAS authorised-this guy was not. And what does this story have to do with IFA's exactly?

Posted by: snooks

Cameron Farley

This is the same as Cameron Farley in Edinburgh, when will they be brought to justice??

Posted by: Trevor Maclean

Daft as a Brush

I don't understand why someone who has conned £34m is still in the country! It's strange how the confidence that leads them to be able to con people generally ends up being the factor that gets them caught. But to Cameron Farley one can only say that fraudsters will always be with us - and may be more prevalent in a regulated environment because the regulation provides consumers with a greater sense of security, and reduces personal responsibility.

Posted by: Glen McKeown

Kevin Foster guilty on 14

To whom it may concern.I was a member of the K.F.Concept and lost money upon the intervention of the F.S.A. I am an adult and chose to trust Kevin Foster as opposed to having shares in Northern Rock.Shares can go up as well as down and Northern Rocks went of the ricter scale and all the time this company was being regulated by the F.S.A. My friend lost all her life savings she held shares in Northern Rock. I did not see any prosecution of any banking staff for the mismanagement of an old established building society that was. My point is this why prosecute an ex cabbie driver and not the banking fraternity one rule for one and another for another.I had never heard of the F.S.A until the freezing of all members money and Kevin Fosters assetts. We appointed a trustee and to date I have never had an update as to the state of play. (should any member have heard anything from the trustee please let me know. However you can be sure he has had his fat fee from the members money.)To be fair had any member heard of the F.S.A before the freezing order and I'm sure neither had Kevin Foster.I'm surprised that the F.S.A. showed an interest in a private members club and used their powers to destroy same. As a group of people we have been victimised all 8.500 members and as such should rally and stand together. Members you need to explore the possibility of the Europeans Courts and a solicitor who will represent us all on a no win no fee basis. The money was there and I'm sure Kevin Foster would have kept his promise. There had been no complaints prior to the freezing order.Together they stand divided they fall and that was the f.S.A.s intention to divide us all.

Posted by: bravegirl