http://www.bulgariabtl.com/?lang=ENGLISH
Anil kohli on right 
Simon also 
Mr mrs allso 2 cardinal mews vestry close andover hampshire SP103FY
tim mannion 
younger tim mannion below!?
21 gruge heath lane fareham hampshire PO15 5AB
Born in Southampton, Hampshire, UK.
I am married to Dawn, who is a Professional Kickboxing Instructor, with two sons Dan (25) and Richard (23) both serving in the Royal Navy and both Physical Training Instructors.
I attended school in Southampton, UK, before graduating from Smithfield College London.
Having been offered a position within an International Hotel and Leisure Chain, away I went!!
Over the next twenty five years I have enjoyed working in Australia, USA, Bali, Philippines, Spain and the UK, working with four different companies mostly on the hotel management and agency services departments, training staff in customer care, sales / marketing, property and availability management.
My main qualification, I think, is that I have attended “the University of life” and when I am old enough I want to teach there!!
I enjoy Squash, Tennis, and Reading, Walking the dogs and entertaining at home.
below krassimmmer kostov
If you have been affected by this company or invested in the opportunity please send an email to davidknightbblt@yahoo.co.uk any info would be useful Others involved are Tim Mannion ( UK Agent) Krassysimmir Kostov (CEO) 003592/9695181 (see below for pictures) The deal explained; basically the 100% finance offer attracts investors, usually people with not much money as the initial investment in only £5000 five thousand pounds. Three thousand two hundred of this money sets up a company that will borrow the money to buy the house they claim they will build within approx 1 year. At the time of writing you have to have a company to own the land the house sits on as a foreigner in Bulgaria. One thousand two hundred of this money is supposed to be returned in to your bank account after the company is set up. This doesn’t happen! The idea is that you are then placed in an ‘allocation queue’ . Usually 300 people waiting to be allocated their lovely new detached house. When you reach the end of the que you will be allocated a property and you will obtain 70 % loan from the bank and 30% loan from the developer. The bank will value the property and this will be the purchase price. The fraud has been running for 3 years now and not one site has comenced work Not one investor has received back £1800 after stting up a company Anil kohli the organizer of the scam has been involved in other scams. Please look at the following articles, they involve complicated scams stet up with many different companies, in many different countries. In the article below you can see Simon Also has also been jailed for fraud. They have scamed millions. It’s amazing what you find when you type a name in to Google!
http://home.att.net/~fcwriter/news10.htm
http://www.investdrinks.org/heros.htm
http://www.investdrinks.org/directory.htm
http://home.att.net/~fcwriter/features6.htm#ocean0904
http://www.investdrinks.org/herosarchive.htm
Simon also has been involved in other suspicious activities. And has been imprisoned for fraud! If you can’t see here you can check below
http://www.bikebiz.co.uk/infozone/article.php?id=981
http://home.att.net/~fcwriter/news10.htm
http://www.investdrinks.org/heros.htm
http://www.investdrinks.org/directory.htm
http://home.att.net/~fcwriter/features6.htm#ocean0904
http://www.investdrinks.org/herosarchive.htm
Simon also has been involved in other suspicious activities. And has been imprisoned for fraud! If you can’t see here you can check below
http://www.bikebiz.co.uk/infozone/article.php?id=981
Latest News 3/3/2009
Latest news provided by the News Distribution Services.Please use the search to locate specific information. back to list
Thursday 25 October 2007 17:47 Insolvency Service (National)BuyBulgaria limited in Hampshire closed down by High Court
A company who promoted the sale of yet to be built buy to let houses in Bulgaria has been closed down by the High Court following an investigation by the Companies Investigation Branch of the Insolvency Service.
BuyBulgaria Limited ("BuyBulgaria") acted as the main UK agent for a Bulgarian property development company, Bulgaria BTL OOD ("BTL").
BuyBulgaria, operating from its trading premises in Fareham, Hampshire, started to promote the sale of proposed property developments in late 2005 on behalf of BTL. BuyBulgaria developed a sub-agent network, including overseas property sales agents to make direct sales to clients across the UK and Ireland. Clients paid a £5,000 joining fee in order to gain access to the proposed development scheme, in order for BTL to incorporate a company on behalf of the client in Bulgaria, in accordance with requirements for non Bulgarian citizens to undertake property purchase transactions, and to allow the client to join an allocation queue for yet to be built properties offered for sale by Bulgaria BTL.
BTL used a BuyBulgaria bank account to collect in its £5,000 fees from UK and Irish clients. In the 16 month period November 2005 to March 2007 BuyBulgaria had recorded over 350 sales, and banked over £1.6 million. By March 2007 no properties had been built for any known UK and Irish clients who had agreed to purchase homes in Bulgaria. BuyBulgaria acted as banker for BTL transferring money to a BTL bank account in Bulgaria.
NOTES TO EDITORS 1. The registered office of Blenheim is at 21 Gudge Heath Lane, Fareham, Hampshire, PO15 5AB.
2. The petition to wind up the company in the public interest was presented on 9 July 2007 under the provisions of Section 124A of the Insolvency Act 1986 following an investigation conducted under Section 447 and 453A of the Companies Act 1985 by Companies Investigation Branch of the Insolvency Service. The petition was heard on 10 October 2007, at which time the company was wound up.
3. The Insolvency Service carries out confidential enquiries on behalf of the Secretary of State for Business, Enterprise and Regulatory Reform through Companies Investigation Branch.
4. The Insolvency Service administers the insolvency regime, investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they become insolvent. The Service also authorises and regulates the insolvency profession; deals with disqualification of directors in corporate failures; assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees; provides banking and investment services for bankruptcy and liquidation estate funds; and advises ministers and other government departments on insolvency law and practice.
5. All public enquiries concerning the affairs of the company should be made: The Official Receiver, Public Interest Unit, 21 Bloomsbury Street, London, WC1B 3SS. Public Enquiries: 0207 637 1110
6. Further information about the work of The Insolvency Service is available from http://www.insolvency.gov.uk
Client ref Ins/Coms/32
GNN ref 153329P
Thursday 25 October 2007 17:47 Insolvency Service (National)BuyBulgaria limited in Hampshire closed down by High Court
A company who promoted the sale of yet to be built buy to let houses in Bulgaria has been closed down by the High Court following an investigation by the Companies Investigation Branch of the Insolvency Service.
BuyBulgaria Limited ("BuyBulgaria") acted as the main UK agent for a Bulgarian property development company, Bulgaria BTL OOD ("BTL").
BuyBulgaria, operating from its trading premises in Fareham, Hampshire, started to promote the sale of proposed property developments in late 2005 on behalf of BTL. BuyBulgaria developed a sub-agent network, including overseas property sales agents to make direct sales to clients across the UK and Ireland. Clients paid a £5,000 joining fee in order to gain access to the proposed development scheme, in order for BTL to incorporate a company on behalf of the client in Bulgaria, in accordance with requirements for non Bulgarian citizens to undertake property purchase transactions, and to allow the client to join an allocation queue for yet to be built properties offered for sale by Bulgaria BTL.
BTL used a BuyBulgaria bank account to collect in its £5,000 fees from UK and Irish clients. In the 16 month period November 2005 to March 2007 BuyBulgaria had recorded over 350 sales, and banked over £1.6 million. By March 2007 no properties had been built for any known UK and Irish clients who had agreed to purchase homes in Bulgaria. BuyBulgaria acted as banker for BTL transferring money to a BTL bank account in Bulgaria.
NOTES TO EDITORS 1. The registered office of Blenheim is at 21 Gudge Heath Lane, Fareham, Hampshire, PO15 5AB.
2. The petition to wind up the company in the public interest was presented on 9 July 2007 under the provisions of Section 124A of the Insolvency Act 1986 following an investigation conducted under Section 447 and 453A of the Companies Act 1985 by Companies Investigation Branch of the Insolvency Service. The petition was heard on 10 October 2007, at which time the company was wound up.
3. The Insolvency Service carries out confidential enquiries on behalf of the Secretary of State for Business, Enterprise and Regulatory Reform through Companies Investigation Branch.
4. The Insolvency Service administers the insolvency regime, investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they become insolvent. The Service also authorises and regulates the insolvency profession; deals with disqualification of directors in corporate failures; assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees; provides banking and investment services for bankruptcy and liquidation estate funds; and advises ministers and other government departments on insolvency law and practice.
5. All public enquiries concerning the affairs of the company should be made: The Official Receiver, Public Interest Unit, 21 Bloomsbury Street, London, WC1B 3SS. Public Enquiries: 0207 637 1110
6. Further information about the work of The Insolvency Service is available from http://www.insolvency.gov.uk
Client ref Ins/Coms/32
GNN ref 153329P
Daily mail article;
He served time for fraud. He is barred as a director for the maximum 15 years. He has twice been declared bankrupt. And now Simon Allso has teamed up with another colourful character, Anil Kohli, who is serving a 12-year ban from corporate life.
Allso is the man who pulled the strings that plunged the historic bicycle company Sturmey Archer to its knees. He has wrecked a succession of family owned companies and his debts comfortably exceed £100,000. He is now working with Kohli on a housing investment project in Vladaja, Bulgaria, coining fees of £5,000 a time from hundreds of British investors.
He has told Financial Mail his latest venture is 'substantial and legitimate'. His UK sales agent says: 'If this was fraudulent, it would have come out after 18 or 19 months.'
But so far there is virtually nothing to show for the 200 or more investors who have paid money to Bulgaria Buy To Let (BBTL) - a business whose shareholders are Kohli and Allso's wife, Ingrid.
Since Allso hit financial trouble as a younger man, he has been accustomed to using family members to front his projects. Son-in-law Mark Sillence was, for example, the only named director of one company that in
2002 attempted to wrest control of struggling firms by wooing their directors at family lunches in a palatial 5,000 square foot villa in Cyprus with a bogus stamp of legality provided by phoney offices in a prestige block in Limassol.
Kohli, struck off as a director for 12 years until 2009, has been linked with a controversial wine investment programme aimed at wealthy Americans and run by a succession of companies ending with Ocean-Seed.
Their latest buy-to-let scheme has already pulled in more than £1m. Sign up for the chance to pay between 100,000 and 250,000 euros
(£68,000-170,000) for a property and it will, gush the ebullient sellers, come with a 100% no-questions-asked mortgage, funded from their own pockets, plus - if not a guarantee - then a very strong promise of a top-flight corporate let.
{2}
Tim Mannion, who runs BBTL's main UK agency from Fareham, Hampshire, claims there has been interest from the likes of accountancy group PricewaterhouseCoopers, Sony Ericsson and parcel giant TNT. The suggestion is that this type of organisation will provide the 'guaranteed 10% a year return' that BBTL is offering.
As far as Financial Mail can establish, none of these companies has a relationship with BBTL and Allso says only that the first year's rental is guaranteed. Since the launch of the venture in 2005 and while investors have their £5,000 at risk, no houses have been built.
Though Mannion admits the plan for at least 600 properties to be built last year was blown off course by 'planning problems', he insists 400 will be finished this year and about half will be sold to locals.
{3}
Speaking for the first time to Financial Mail, Allso said that building work on the first property started last Thursday and that he was running a 'lawful, successful business' in Bulgaria.
He claimed it was always known that clients would wait 12 months before being allocated a property and that though construction was four months behind schedule, the allocation programme was running only one month adrift and he hoped the schedule would soon catch up.
Despite those who have contacted Financial Mail with concerns, Allso
said: 'There are no client complaints outstanding.' Financial Mail knows several who put money up and are trying to get it back. Allso admitted that five out of 207 clients had cancelled and said that defamatory allegations against the business by a customer and his mother had been withdrawn and BBTL's legal costs paid.
Whether Allso's latest venture is more successful than his others, he is breaching UK regulations. He spends at least a week every month in the Bulgarian capital Sofia, working for BBTL. Though he is not a named director, if his involvement was significant enough for him to be regarded as a 'shadow director' that would breach UK rules. His trustee in bankruptcy, Mike Kienlan, had not been notified officially of any income Allso might receive from the venture, which should offset debts of more than £100,000 at the time of his latest bankruptcy.
{1}
Despite their records, Allso and Kohli may be trying to go straight with a new venture suffering teething problems in a new EU accession state. The business is riding an investment boom - Bulgaria is to buy-to-let and holiday properties what the Costa del Sol was a decade ago.
However, their scheme is unauthorised. Part of the £5,000 upfront fee is theoretically refundable, but some who tried to pull out are facing menace.
Mannion argues Allso has paid his debt to society and should be given a chance, but while £5,000 is not do-or-die for most people, some of those lining up to buy properties have handed over several lots of £5,000.
Remarkably, though Financial Mail has covered Allso's business tactics over several years and Kohli's entrepreneurial efforts are well-documented on the internet, investors still fail to check the provenance of the schemes they decide to support.
_______________
Lisa Buckingham
Editor
Financial Mail on Sunday
Telephone 020 7938 6878
Fax 020 7795 6437
The WebCHeck service is available from Monday to Saturday 7.00am to 12 Midnight UK Time
Name & Registered Office:BUYBULGARIA LIMITED21, GUDGE HEATH LANEFAREHAMHAMPSHIREPO15 5ABCompany No. 05571100
Status: Active Date of Incorporation: 22/09/2005Country of Origin: United Kingdom
Company Type: Private Limited CompanyNature of Business (SIC(03)):None Supplied
Accounting Reference Date: 30/09Last Accounts Made Up To: (NO ACCOUNTS FILED)Next Accounts Due: 22/07/2007Last Return Made Up To: Next Return Due: 20/10/2006
Previous Names:
No previous name information has been recorded over the last 20 years.
Branch Details
There are no branches associated with this company.
Oversea Company Info
There are no Oversea Details associated with this company.
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Order information on this company
Below isInfo on Simon Also:
How Sturmey-Archer went East Derby International took control of Raleigh and Sturmey-Archer in 1987. In 1998 Derby Cycles Limited, then a UK-based company, became sole owner of Sturmey-Archer Limited. At this time about 40% of Sturmey-Archer's turnover came from its Engineering Component Department, which made sintered and cold forged components for the automotive and domestic appliance manufacturers. These were produced at the Triumph Road factory in the Radford district of Nottingham, opposite Raleigh's main factory and headquarters. Hub gears, hub brakes, spokes and nipples were also made at Triumph Road by the Cycle Component Department. A much smaller factory at Smethwick, Birmingham made Brooks leather saddles. By the late 1990s, about 85% of Sturmey-Archer's bicycle component production was exported, three quarters to countries on the European mainland. The biggest market was The Netherlands where there was a separate Derby-controlled sales and distribution company, Sturmey-Archer BV. In Europe, Sturmey-Archer had about 10% of the hub gear market, well below the market leader SRAM (owner of Sachs) and second-placed Shimano. Sturmey-Archer's turnover dropped steadily from £18m in 1996 to only £12m in 1999. Pre-tax profit in 1996 was £2.4m (13% of turnover), whereas in 1999 a loss was recorded of £0.3m. The rise in the value of the pound sterling against the Euro currencies had pushed Sturmey-Archer into the red. Derby's options After Sturmey-Archer made a pre-tax loss of £408,000 in 1998, Derby appointed Colin Bateman as managing director of Sturmey-Archer. He took up the post in March 1999, with a brief to assess the ongoing viability of Sturmey-Archer. Eight months later, Bateman reported to the directors of Derby that, in view of the 1998 losses and projected 1999 losses of £1.1m, he saw three alternatives:
· Invest £3.75m immediately,
· Consider the viability of ongoing trading, or
· Sell the land and/or business.
Derby opted for selling. Colin Bateman and Sturmey-Archer's financial director and company secretary, Paul Smith, investigated the options. On 17th December 1999, Sturmey-Archer agreed to sell its site at Triumph Road, Nottingham to Nottingham University for £3.75m. The site was then leased back to Sturmey-Archer for a year to permit relocation of the factory. Nottingham University wanted the site for the £20m National College for School Leadership. Relocation and the search for a new owner Bateman and Smith promptly started a search for separate sites to relocate the Engineering Component and Cycle Component Departments. They also commissioned Manro Consultants to advice on optimizing Sturmey-Archer's profitability. They discussed further outsourcing of manufacturing processes, involving buying in components from Taiwan, with estimated cost savings of 30% and a consequent reduction of about 100 in the workforce. The estimated cost of relocation, excluding the real estate costs, was £4m. This included £1.5m to move the Cycle Component Department, about £0.7m to move the Engineering Components Department and £1.5m for workforce redundancies. Derby considered these costs to be too high. They therefore commissioned a firm of corporate financial advisers, Oasis Europe Limited, to seek potential buyers who would continue manufacture in Nottingham. Meanwhile, a possible management buy-out of the Engineering Components Department was mooted. Most potential buyers merely wanted to 'cherry-pick' certain parts of Sturmey-Archer, especially the name and/or patents. Sturmey-Archer was developing an eight-speed hub, which was of particular interest. Sun Race of Taiwan made a serious offer to buy Sturmey-Archer which would have left some jobs in Nottingham. Their offer was, however, contingent on Sturmey-Archer achieving forecasted sales figures and could not therefore be finalized quickly. Derby, however, were under great pressure from their American investors to reduce debt and the Chase Manhattan Bank required a quarterly progress report. Sale to Lanark One company put forward by Oasis, Lanark Limited, was prepared quickly to buy the whole business as a going concern, complete with all existing and contingent liabilities. The price Lanark offered was lower than that proposed by Sun Race but was more acceptable to Derby because it got rid of debt by the end of the second quarter of 2000, when their American investors had to report to their bankers. Lanark, formed in 1998 and registered at 33a High Street, Heath field, East Sussex, appeared to Derby to be a sound investment firm. It ran four divisions containing about 17 companies. Consequently, on 24th June 2000, Derby sold Lanark The Wright Saddle Company Limited for a nominal sum, believed to be £30. This was slightly less than the retail price of a basic Sturmey-Archer three-speed hub gear. The Wright Saddle Company was a dormant subsidiary of Sturmey-Archer, incorporated in the 1937 and wholly owned by the hub-gear maker. Six days later, on 30th June 2000, Derby transferred the assets and liabilities of Sturmey-Archer into The Wright Saddle Company and its name was changed to Sturmey-Archer Limited. Simultaneously, the former Sturmey-Archer Limited became Derby Cycle Corporation Limited, apparently on the advice of Derby's tax specialists. This was a normal and legal tax avoidance move and should not be construed otherwise. About the same time, and with little or no publicity, Derby Nederland’s sold the profitable European sales and distribution operation Sturmey-Archer Europe BV, based in Amsterdam, to the now Lanark-owned Sturmey-Archer Limited. The sale price was 3m Dutch guilders (about £0.8m) and was in the form of a loan from Derby to Lanark. The directors of Sturmey-Archer Europe BV, which had about seven staff, were Colin Bateman and Paul Smith, the MD and finance director/company secretary of Sturmey-Archer Limited. The deals seemed to benefit everybody. Sturmey-Archer's managing director Colin Bateman said, "For the first time in a long while there is room to invest in production, marketing and product development." Lanark and relocation By this time the financial backers of the suggested Engineering Component Department management buyout had withdrawn. However, they had already found a new factory site and left a completed relocation plan. Lanark’s business adviser, Simon Also, who fronted negotiations for Lanark throughout, suggested therefore that Lanark should also take over the Engineering Component Department. Lanark’s directors assured Colin Bateman and Paul Smith that they would fund the relocation. On 1st July 2000, two non-executive directors were appointed to the Sturmey-Archer board but with little day-to-day involvement. In both July and August, Sturmey-Archer paid its new parent company, Lanark, £60,000 in management fees. Sturmey-Archer also paid £52,000 to another Lanark Group company, Hanson Limited. According to the liquidator's report, Simon Also persuaded Mary Warring, one of the new non-executive executors to authorize this payment, advising her that Sturmey-Archer directors Bateman and Smith had approved it. They had not and were not even aware of the transaction. It later emerged that Simon Also, a former bankrupt, had previously been involved in a large number of business failures in southern England and had been imprisoned for fraud. By mid-August, all the directors of Sturmey-Archer were starting to have concerns about the relocation, as Lanark had yet to provide any funds for this purpose. Negotiations were under way for freehold premises to recourse the Cycle component Department at Calverton, near Nottingham and there was also the site that the failed management buy-out had targeted for relocating the Engineering Components Department. In anticipation of the relocations, which needed to be complete by the end of 2000, stock levels had been increased and additional shifts worked. Lanark proposed that they buy the Calverton site and sublet it to their subsidiary Sturmey-Archer. But at the same time, Lanark wanted Sturmey-Archer to provide them with the purchase money! The proposed agreement between the two companies was never formalized. The financial situation worsens Pinch came to shove when a 10% deposit of £75,000 was needed for the Calverton site. Sturmey-Archer, having recently paid other parts of the Lanark Group £172,000, did not have the money and was expecting Lanark to provide the funding - one of the reasons Sturmey-Archer was sold by Derby so cheaply. Lanark, however, made it clear that they would not be providing the funds. Meanwhile, the landlords of the proposed relocation site for the Engineering Components Department were not happy with Lanark’s financial status and therefore refused to sell. As the situation looked bleaker and bleaker, the board of Sturmey-Archer held an urgent unscheduled meeting with Lanark on 11th September 2000. Lanark were represented solely by Clive Walton, who held a fifth of the shares in Lanark. He stated that he supported the directors of Sturmey-Archer and left the meeting ostensibly to enlist the support of the other Lanark directors. It is reported that some people at the meeting thought Walton had merely left the room for a cigarette break. In reality, he left the building and with effect from that date, resigned his directorship of Lanark. Closure The Sturmey-Archer board were now concerned as to their company's ability to continue trading. They therefore called in insolvency practitioners Smith and Williamson. These advised that, lacking the substantial funding needed to relocate, Sturmey-Archer could not avoid insolvent liquidation. Thus, on Friday 15th September, the first day of the annual IFMA cycle show in Cologne, Sturmey-Archer staff manning the company's stand heard of the insolvency. Closure of the Nottingham plant was announced to its 260 staff the same day. The Independent newspaper reported a long serving employee saying, "The whole workforce is devastated. It is terrible. I have worked here for 42 years and couldn't believe it when we were called into this meeting and told our jobs had gone. The firm says it could no longer afford to pay our wages and asked us all to leave the premises immediately." The same paper quoted Sturmey-Archer 's managing director, Colin Bateman: "This is a sad day for bicycle manufacturing in Nottingham, not to mention for all the staff that work here. We feel very let down. It is a devastating blow." For a time, 28 volunteers stayed on in the factory working on final assembly and packaging. Education and Employment Secretary David Blunkett, responding to an approach from Nottingham South MP Alan Simpson, offered to provide practical and financial help to the company. The East Midlands Development Agency considered buying the new site for Sturmey-Archer and renting it back to them. Sadly these offers did not come it time to prevent Sturmey-Archer's liquidation. Trade Secretary Stephen Byers promised to investigate the circumstances of the closure but at the time of writing (December 2001) does not appear to have published anything. On 22nd September 2000, Derby issued the following press release: Sturmey-Archer In connection with our sale of Sturmey-Archer to Lenark in June of this year there has been much rumour and public comment generated. We share this disappointment and would like to share what we know. We decided to seek a buyer for the business as it did not fit our strategic focus on the manufacture and distribution of bicycles and accessories. It was essential for the viability of the business that a buyer be found without delay who was willing to invest in the patented innovation which Sturmey-Archer had prototyped and to relocate to a new site: the best offer was made by Lenark. In carrying out due diligence on the capability of Lenark to make a success of Sturmey-Archer, evidence was produced showing that they appeared to have more than sufficient resources to undertake the plans the management of Sturmey-Archer had initiated to make a success of the business. We were just as surprised and concerned as anyone that it now appears that Lenark is unable to fund Sturmey-Archer, and this has forced it to enter into insolvency proceedings: we are both a customer and creditor and will suffer from their insolvency along with others in the same position. We understand that an insolvency practitioner has been appointed by the management of Sturmey-Archer to advise them through this period until a meeting of creditors next month determines the future of the business: we sincerely hope that a buyer for the business can be found. We are very distressed that so many Sturmey-Archer employees who served loyally for many years under our ownership of the business will lose their jobs if a buyer cannot be found. One of the few newspapers to report the crisis at Sturmey-Archer in any detail was The Mail on Sunday. On 24th September its reporter Lisa Buckingham revealed that two other firms owned by Sussex-based Lenark had just gone into liquidation and that a further four were days away from the same fate. Gary Matthews, chief executive of Derby, protested to The Mail on Sunday his surprise that Sturmey-Archer was facing ruin: "We understood Lenark to be a robust investment firm. They were represented by top-flight counsel." Matthews also claimed that Derby carried out "the appropriate due diligence" to ensure Lenark were up to the mark. However, as the newspaper reported, the Department of Trade and Industry (DTI) revealed that Simon Allso was declared bankrupt in 1992 and had been linked with at least eight insolvencies. Lenark director Barry Robinson was reportedly a professional gambler based in Las Vegas. The Mail cited the Experian credit rating firm, which described Lenark's financial position as weak, with current assets of just £48,000 at the end of the year to May 1999 and liabilities of £600,000. Creditors' meeting On Monday 2nd October, creditors of Sturmey-Archer arrived in Birmingham for a meeting of about 50 people which was expected to place the company in liquidation. Jeremy Lewis and James Stack, on the This is Nottingham website, reported the events in graphic detail. Attendees discovered that control of Sturmey-Archer had changed. Lenark had sacked the management team just two hours before the meeting. The new directors, Barry Robinson and his associate Alan Brigham, wanted to avoid liquidation and instead intended applying for an administration order in the High Court the following Friday. The meeting was therefore redefined as an informal meeting of creditors rather than a formal creditors' meeting. The meeting started without Barry Robinson, who arrived ten minutes late. Delegates demanded the freezing of Sturmey-Archer's bank account with Barclays at Walton-on-Thames, from which a further £25,000 had recently been taken by Lenark making a total taken of some £192,000. They also succeeded in getting Lenark to reconsider the application for an administration order, arguing that without a substantial injection of cash, it would be pointless so late in the day. Freshly-sacked former managing director Colin Bateman argued that placing the company in administration would be a disaster: it would delay redundancy payments to the workers by many months, and it would lose the company customers who would go elsewhere. The meeting was heated. At one stage, a departing Sturmey-Archer manager, Alan Ettles, asked Barry Robinson, "What has changed to make you believe it is worth investing in? Have you come for a bit more of the cake? The crumbs that are left? What are you after?" Robinson replied, "We are trying to save Sturmey-Archer. ... We want to save as many jobs as possible." Nottingham South MP Alan Simpson asked why Lenark had not approached the DTI or the Department for Education and employment for assistance with the relocation to Calverton. He also asked for the financial guarantee that Lenark gave to Derby to be published. Derby's corporate controller, Simon Goddard, reiterated the company's stance that it had undertaken "due diligence" via a firm of financial advisers. Gary Matthews, chief executive of Derby, had told The Mail on Sunday that Wragge and Co. did the due diligence on Lenark. But Wragge and Co. denied this at the meeting, saying it was done by Oasis Europe, the company that made the Derby-Lenark match. Oasis subsequently denied this, leaving suspicions that nobody did the due diligence, despite what may have been believed by those involved. Tony Murphy of Sturmey-Archer's insolvency practitioners Smith and Williamson, pointed out that three Lenark companies were in liquidation, another in receivership and a fifth might well go into liquidation following a creditors' meeting in a week's time. Derby had insolvency practitioners at the meeting, partly because Lenark still owed them about £0.8m for the purchase of Sturmey-Archer Europa BV. Hence, Derby too was keen for immediate liquidation. Also present was George Hu of Sun Race USA, wearing a black shirt emblazoned with his company name. Plainly his company still wanted Sturmey-Archer. New Sturmey-Archer MD Barry Robinson was given fifteen minutes by the meeting to consider his options. This he did and announced, through Tony Murphy of Sturmey-Archer's insolvency practitioners Smith and Williamson, that the bank account would be frozen and that Lenark would underwrite the cost of investigating the benefits of putting the company into liquidation. David Stott, an engineering manager with Sturmey-Archer, successfully demanded that the meeting not be allowed to break up until it had been confirmed that the bank account was frozen. Liquidation By the end of the week, Barry Robinson, having twice visited the Nottingham factory, had decided that there was no way a rescue could be arranged using Sturmey plant as collateral. Therefore administration was no longer an option. Derby chief executive Gary Matthews then said that Derby might be interested in buying some of Sturmey-Archer's bicycle related divisions, but nothing came of this. So, Sturmey-Archer went into liquidation. The directors attributed its failure and the loss of some 300 jobs to the lack of financial support from Lenark. They considered that, apart from the necessity to relocate and costs associated with this, the company remained a fundamentally viable business. Assets were estimated to realise £3.7m. These included a 100% shareholding in Sturmey-Archer Europa BV, valued at £0.75m; machinery and equipment valued at £1.1m and stock worth £1m. The company had a deficit of £2.3m. The largest category of creditors was the employees. Their claims in lieu of notice and redundancy pay amounted to nearly £3.3m. In early November 2000, as liquidation of Sturmey-Archer proceeded, the management team of Brooks saddles paid the liquidators £1m and thus saved the Smethwick, Birmingham operation. Brooks exported 85% of its production to more than 180 countries and was established in Birmingham about 1870. The plant employed about 20 staff. An anonymous 'UK bike trade individual' financially supported the acquisition. The new managing director of Brooks was Gordon Nixon. He had been the Brooks factory manager and the two-day a week personnel manager for Sturmey-Archer. Auctioneers FD Savills auctioned the Sturmey-Archer factory equipment. A sale preview was held on Monday 11th December. The equipment included three Liebergeld cold-forging presses, said to be worth more than £100,000 each. The largest weighed about 1,000 tonnes. The full list of equipment is given below this article. Sun Race buy Sturmey-Archer On the day of the auction preview, 11th December 2000, the following press release was issued by Sun Race Roots Enterprise Co. of Taiwan: From the Office of The President, Sun Race Roots Enterprise Co., Ltd., is pleased to announce the following: Sun Race Roots Enterprise Co., Ltd., a public traded company on Taiwan Stock Exchange, one of the largest global manufactures of bicycle drivetrain components of 28 years, one of the key players in the bicycle industry in North and Latin Americas and Asia, has just completed a deal with Sturmey-Archer Ltd., the producer of the 98 years old Sturmey-Archer branded bicycle internal gear hubs, the "original" inventor of the internal gear hub system. The deal will give Sun Race a strong foothold into the European market. This purchase completes Sun Race as one of the three total bicycle drivetrain solutions provider in the same league next to Shimano and SRAM. Total investment on the purchase, to bring production back, and to develop new products for introduction in 2002 will be around Three and a Half Million US Dollars (USD$3,500,000.00). The North American operations will change the name from Sun Race USA to Sun Race Sturmey-Archer USA. The European operations will change the company name from Sturmey-Archer (Europa) BV to Sun Race Sturmey-Archer Europe BV. The parent company Sun Race Roots Enterprise Co., Ltd., will change the company name to Sun Race Sturmey-Archer Inc. Sun Race's China operations will be renamed as Sun Race Sturmey-Archer (WuXi) Industries. It is Sun Race Sturmey-Archer Inc.'s intention to continue with the 98 years old Sturmey-Archer Brand which has traditionally been associated with high end. With the back up of the newly added engineering, manufacturing and marketing capabilities of Sun Race, Sturmey-Archer products will continue and expand to a full Internal Gear Hub Drivetrain Group consist of Shifters, Brake Levers, Chainwheel Crank Sets, Chains, and Internal Gear Hubs with Drum and Coaster Brakes. Sun Race Sturmey-Archer Inc. will market the Derailleur Drivetrain Groups, which consist of Shifters and Brake Levers, Front and Rear Derailleurs, Chainwheel Crank Sets, Freewheels and Cassettes, Hub Sets, and Multiple Speed Chains under the Sun Race Brand. The production of Sturmey-Archer hubs and service parts will continue from Sun Race Taiwan factory. The move will make Sturmey-Archer Products much more competitive than before. Production will start January 2001 with resume shipping dates of late March, early April 2001. And for the year 2002, celebrating the Century Mark of 100 years on Sturmey-Archer, Sun Race Sturmey-Archer will introduce a very special surprise based on the patent pending technology.
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LISA BUCKINGHAM, FINANCIAL MAIL EDITOR
Another nail in the coffin of market repute
4 March 2007
The only surprise at the criminal fraud charges brought against 13 Wall Street traders last week was that the American authorities had actually investigated and decided to prosecute one of the most pervasive insider-dealing rings since the days of trader Ivan Boesky.
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As small shareholders know to their cost, despite the panoply of regulation and market scrutiny on both sides of the Atlantic, insider dealing remains rampant. It rarely manages to find its way into the courtrooms. And even when it does, convictions are notoriously difficult to secure.
The arrival of the private equity megadeal has made things, if anything, harder to control. A consortium of two or three private bidders with respective advisory entourages means keeping a prospective takeover move under wraps is about as likely as making a safe crossing of the M1 with your eyes shut.
Research by the Financial Services Authority this time last year into takeover bids in the first four years of the new millennium revealed that there was a degree of 'informed trading'-insider dealing - ahead of a stunning 29% of takeovers.
Things may have improved since then. When the FSA gives an update on its research into later years, taking into account a rather more mature enforcement regime, it will be hoping such systematic market abuse shows signs of reduction.
It is easy to look at the latest example of abuse in New York, which could be characterised as tipping off a few mates before a share recommendation was issued by a 'respected' broking house, and regard it as a victimless crime. It is estimated that the 13 netted 'only' about £8.5m between them - not enough to keep most self respecting American chief executives on the payroll for a year.
As usual, though, the victims are private shareholders. They are not on the inside. Their trust in a financial services system that has already served up mis-selling scandals and rip-offs on a monumental scale is further eroded each time such scandals are exposed.
Marks & Spencer boss Stuart Rose was last week depicted as a Gerald Ratner-style gaffe-maker for having admitted he had considered the idea of a bid for Sainsbury's.
His comments, made on the fringes of a retail conference, ran on the Bloomberg newswire for a few hours as the M&S board and its advisers frantically worked out a wording that would see off the more officious watchdogs of the Takeover Panel while appearing to leave open the possibility of bidding under practically any foreseeable circumstance. The only prospect apparently ruled out was a hostile, cash bid.
I've no doubt Rose has looked at Sainsbury's. He will be sorely tempted if a private equity bidder comes along. But possibly last week's blunder was a little more strategic than it at first appeared.
M&S's barely dampened acquisitive possibilities served to pump Sainsbury's share price higher - not as high as a mooted venture capitalist would have to pay - but certainly towards the levels at which a bid of 550p a share (the mooted price from the private equity predators) would struggle to offer much in the way of a bid premium.
Justin King is doing a very creditable job of turning round the supermarket group. There is a suspicion, however, that he might, just might, do even better if the rich rewards of private equity ownership were his for the taking.
And as the Sainsbury's middle-market customers are bang in the middle of M&S's target audience, Rose would almost certainly be happier with King simply firing on six cylinders, rather than supercharged.
Simon Allso, whose colourful career has been documented over the years by Financial Mail has once again hoved into view. Recently emerged from bankruptcy order number two and disbarred as a UK director, he has teamed up with another boardroom outlaw, Anil Kohli, to mastermind buy-to-let housing in Bulgaria.
Allso has hit the investment zeitgeist. Bulgarian property is flavour of the month for those with a few hundred thousand euros to spend. Blue-chip companies will want to rent properties for their employees and there may well be a strong aftermarket for sales to local people.
It seems remarkable, however, that two men who misbehaved badly enough to prompt action from the notoriously somnambulant Department of Trade and Industry can persuade people to hand over £5,000 on trust for the (possible) chance to buy a house for up to 250,000 euros.
At least Allso and Kohli got caught and their record is there to see for anyone with sufficient intelligence. But as ICC Credit - a leading credit reference agency - said following our story of cutbacks in the Insolvency Service, the future could mean that 500 rogue directors a year escape scot-free. And the people they try to persuade to invest will have no record to search.
Other stories: M&S considers £10bn Sainsbury bid Tax win for M&S could hit state coffers
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AmandalawProperty SalesJoined: Aug 17, 2006Posts: 112Location: Devon
Posted: Mon Mar 05, 2007 6:47 am Post subject:
I don't see how building work can be done at all for 400 houses, do they think people are stupid? where in Vladaja can they fit 20 houses let alone 400? Vladaja is a small place, it is a great place though, i would say it is the safest place to live in Sofia and very accessible to the centre and to the ring road. the people are friendly and public transport is really good. it is very strange that the locals know nothing about it. My friend she went into her local shop in Vladaja when they opened this morning and asked if they had heard about this project, they laughed and thought she was joking, when she announced she had heard the plan was true, the man whom is well known and respected in the area, oh he has lived there all his life, thinks someone must be mistaken or some developer is not telling the truth as Vladaya is just to small for this type of type of project. owners of local shops normally know what is going on in their area don't they? should anyone have further info on this, i would be greatful if they could let me know.
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mummyNewbieJoined: Mar 07, 2007Posts: 2
Posted: Wed Mar 07, 2007 2:03 pm Post subject: Simon Allso BBTL
Hi everyone i am the (MOTHER) person he is reffering to in the article in the Finacial Mail on sunday. And i can assure everyone i have NOT retracted anything or paid his legal costs i am still very much fighting to get my money back he has had it for 16mths and has not done nothing promised, If you go to his main agent Tim Mannion and ask for an existing client to confirm the deal he gives you tha name and number of his oen employee. I will be making my own statement to Lisa Buckingham saying that Simon is a Liar well we all know that but hey i need to say it. If you need anymore more information please let me know i will help all i can thanks ....
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AmandalawProperty SalesJoined: Aug 17, 2006Posts: 112Location: Devon
Posted: Thu Mar 08, 2007 7:42 pm Post subject:
Thanks Adolf for the link, i read the whole article. I read that build has started, i can assure anyone that the build has not started, as i said previously my friend lives in Vladaya and i am sure she would know.
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leedarkwoodTopic Advisor: Visas & Village LifeJoined: Jun 09, 2005Posts: 1659Location: Huddersfield now, and South West Bulgaria soon
Posted: Mon Mar 12, 2007 10:34 am Post subject:
I take it that is not the same Simon Allso that seems to have been in trouble in the British courts? Four years for property related fraud in 1995 and 15 years banned from running companies from 2003? See http://www.hmcourts-service.gov.uk/judgmentsfiles/j2475/rodencroft-v-ssti.htm No, can't be, can it. Must be another Simon Allso. Lee
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tonyf27ukSenior MemberJoined: Apr 29, 2004Posts: 57Location: Scotland+Dilber Cheshma
Posted: Mon Mar 12, 2007 11:30 am Post subject:
looks like somebody(lawyer??)got to Mummy
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· Invest £3.75m immediately,
· Consider the viability of ongoing trading, or
· Sell the land and/or business.
Derby opted for selling. Colin Bateman and Sturmey-Archer's financial director and company secretary, Paul Smith, investigated the options. On 17th December 1999, Sturmey-Archer agreed to sell its site at Triumph Road, Nottingham to Nottingham University for £3.75m. The site was then leased back to Sturmey-Archer for a year to permit relocation of the factory. Nottingham University wanted the site for the £20m National College for School Leadership. Relocation and the search for a new owner Bateman and Smith promptly started a search for separate sites to relocate the Engineering Component and Cycle Component Departments. They also commissioned Manro Consultants to advice on optimizing Sturmey-Archer's profitability. They discussed further outsourcing of manufacturing processes, involving buying in components from Taiwan, with estimated cost savings of 30% and a consequent reduction of about 100 in the workforce. The estimated cost of relocation, excluding the real estate costs, was £4m. This included £1.5m to move the Cycle Component Department, about £0.7m to move the Engineering Components Department and £1.5m for workforce redundancies. Derby considered these costs to be too high. They therefore commissioned a firm of corporate financial advisers, Oasis Europe Limited, to seek potential buyers who would continue manufacture in Nottingham. Meanwhile, a possible management buy-out of the Engineering Components Department was mooted. Most potential buyers merely wanted to 'cherry-pick' certain parts of Sturmey-Archer, especially the name and/or patents. Sturmey-Archer was developing an eight-speed hub, which was of particular interest. Sun Race of Taiwan made a serious offer to buy Sturmey-Archer which would have left some jobs in Nottingham. Their offer was, however, contingent on Sturmey-Archer achieving forecasted sales figures and could not therefore be finalized quickly. Derby, however, were under great pressure from their American investors to reduce debt and the Chase Manhattan Bank required a quarterly progress report. Sale to Lanark One company put forward by Oasis, Lanark Limited, was prepared quickly to buy the whole business as a going concern, complete with all existing and contingent liabilities. The price Lanark offered was lower than that proposed by Sun Race but was more acceptable to Derby because it got rid of debt by the end of the second quarter of 2000, when their American investors had to report to their bankers. Lanark, formed in 1998 and registered at 33a High Street, Heath field, East Sussex, appeared to Derby to be a sound investment firm. It ran four divisions containing about 17 companies. Consequently, on 24th June 2000, Derby sold Lanark The Wright Saddle Company Limited for a nominal sum, believed to be £30. This was slightly less than the retail price of a basic Sturmey-Archer three-speed hub gear. The Wright Saddle Company was a dormant subsidiary of Sturmey-Archer, incorporated in the 1937 and wholly owned by the hub-gear maker. Six days later, on 30th June 2000, Derby transferred the assets and liabilities of Sturmey-Archer into The Wright Saddle Company and its name was changed to Sturmey-Archer Limited. Simultaneously, the former Sturmey-Archer Limited became Derby Cycle Corporation Limited, apparently on the advice of Derby's tax specialists. This was a normal and legal tax avoidance move and should not be construed otherwise. About the same time, and with little or no publicity, Derby Nederland’s sold the profitable European sales and distribution operation Sturmey-Archer Europe BV, based in Amsterdam, to the now Lanark-owned Sturmey-Archer Limited. The sale price was 3m Dutch guilders (about £0.8m) and was in the form of a loan from Derby to Lanark. The directors of Sturmey-Archer Europe BV, which had about seven staff, were Colin Bateman and Paul Smith, the MD and finance director/company secretary of Sturmey-Archer Limited. The deals seemed to benefit everybody. Sturmey-Archer's managing director Colin Bateman said, "For the first time in a long while there is room to invest in production, marketing and product development." Lanark and relocation By this time the financial backers of the suggested Engineering Component Department management buyout had withdrawn. However, they had already found a new factory site and left a completed relocation plan. Lanark’s business adviser, Simon Also, who fronted negotiations for Lanark throughout, suggested therefore that Lanark should also take over the Engineering Component Department. Lanark’s directors assured Colin Bateman and Paul Smith that they would fund the relocation. On 1st July 2000, two non-executive directors were appointed to the Sturmey-Archer board but with little day-to-day involvement. In both July and August, Sturmey-Archer paid its new parent company, Lanark, £60,000 in management fees. Sturmey-Archer also paid £52,000 to another Lanark Group company, Hanson Limited. According to the liquidator's report, Simon Also persuaded Mary Warring, one of the new non-executive executors to authorize this payment, advising her that Sturmey-Archer directors Bateman and Smith had approved it. They had not and were not even aware of the transaction. It later emerged that Simon Also, a former bankrupt, had previously been involved in a large number of business failures in southern England and had been imprisoned for fraud. By mid-August, all the directors of Sturmey-Archer were starting to have concerns about the relocation, as Lanark had yet to provide any funds for this purpose. Negotiations were under way for freehold premises to recourse the Cycle component Department at Calverton, near Nottingham and there was also the site that the failed management buy-out had targeted for relocating the Engineering Components Department. In anticipation of the relocations, which needed to be complete by the end of 2000, stock levels had been increased and additional shifts worked. Lanark proposed that they buy the Calverton site and sublet it to their subsidiary Sturmey-Archer. But at the same time, Lanark wanted Sturmey-Archer to provide them with the purchase money! The proposed agreement between the two companies was never formalized. The financial situation worsens Pinch came to shove when a 10% deposit of £75,000 was needed for the Calverton site. Sturmey-Archer, having recently paid other parts of the Lanark Group £172,000, did not have the money and was expecting Lanark to provide the funding - one of the reasons Sturmey-Archer was sold by Derby so cheaply. Lanark, however, made it clear that they would not be providing the funds. Meanwhile, the landlords of the proposed relocation site for the Engineering Components Department were not happy with Lanark’s financial status and therefore refused to sell. As the situation looked bleaker and bleaker, the board of Sturmey-Archer held an urgent unscheduled meeting with Lanark on 11th September 2000. Lanark were represented solely by Clive Walton, who held a fifth of the shares in Lanark. He stated that he supported the directors of Sturmey-Archer and left the meeting ostensibly to enlist the support of the other Lanark directors. It is reported that some people at the meeting thought Walton had merely left the room for a cigarette break. In reality, he left the building and with effect from that date, resigned his directorship of Lanark. Closure The Sturmey-Archer board were now concerned as to their company's ability to continue trading. They therefore called in insolvency practitioners Smith and Williamson. These advised that, lacking the substantial funding needed to relocate, Sturmey-Archer could not avoid insolvent liquidation. Thus, on Friday 15th September, the first day of the annual IFMA cycle show in Cologne, Sturmey-Archer staff manning the company's stand heard of the insolvency. Closure of the Nottingham plant was announced to its 260 staff the same day. The Independent newspaper reported a long serving employee saying, "The whole workforce is devastated. It is terrible. I have worked here for 42 years and couldn't believe it when we were called into this meeting and told our jobs had gone. The firm says it could no longer afford to pay our wages and asked us all to leave the premises immediately." The same paper quoted Sturmey-Archer 's managing director, Colin Bateman: "This is a sad day for bicycle manufacturing in Nottingham, not to mention for all the staff that work here. We feel very let down. It is a devastating blow." For a time, 28 volunteers stayed on in the factory working on final assembly and packaging. Education and Employment Secretary David Blunkett, responding to an approach from Nottingham South MP Alan Simpson, offered to provide practical and financial help to the company. The East Midlands Development Agency considered buying the new site for Sturmey-Archer and renting it back to them. Sadly these offers did not come it time to prevent Sturmey-Archer's liquidation. Trade Secretary Stephen Byers promised to investigate the circumstances of the closure but at the time of writing (December 2001) does not appear to have published anything. On 22nd September 2000, Derby issued the following press release: Sturmey-Archer In connection with our sale of Sturmey-Archer to Lenark in June of this year there has been much rumour and public comment generated. We share this disappointment and would like to share what we know. We decided to seek a buyer for the business as it did not fit our strategic focus on the manufacture and distribution of bicycles and accessories. It was essential for the viability of the business that a buyer be found without delay who was willing to invest in the patented innovation which Sturmey-Archer had prototyped and to relocate to a new site: the best offer was made by Lenark. In carrying out due diligence on the capability of Lenark to make a success of Sturmey-Archer, evidence was produced showing that they appeared to have more than sufficient resources to undertake the plans the management of Sturmey-Archer had initiated to make a success of the business. We were just as surprised and concerned as anyone that it now appears that Lenark is unable to fund Sturmey-Archer, and this has forced it to enter into insolvency proceedings: we are both a customer and creditor and will suffer from their insolvency along with others in the same position. We understand that an insolvency practitioner has been appointed by the management of Sturmey-Archer to advise them through this period until a meeting of creditors next month determines the future of the business: we sincerely hope that a buyer for the business can be found. We are very distressed that so many Sturmey-Archer employees who served loyally for many years under our ownership of the business will lose their jobs if a buyer cannot be found. One of the few newspapers to report the crisis at Sturmey-Archer in any detail was The Mail on Sunday. On 24th September its reporter Lisa Buckingham revealed that two other firms owned by Sussex-based Lenark had just gone into liquidation and that a further four were days away from the same fate. Gary Matthews, chief executive of Derby, protested to The Mail on Sunday his surprise that Sturmey-Archer was facing ruin: "We understood Lenark to be a robust investment firm. They were represented by top-flight counsel." Matthews also claimed that Derby carried out "the appropriate due diligence" to ensure Lenark were up to the mark. However, as the newspaper reported, the Department of Trade and Industry (DTI) revealed that Simon Allso was declared bankrupt in 1992 and had been linked with at least eight insolvencies. Lenark director Barry Robinson was reportedly a professional gambler based in Las Vegas. The Mail cited the Experian credit rating firm, which described Lenark's financial position as weak, with current assets of just £48,000 at the end of the year to May 1999 and liabilities of £600,000. Creditors' meeting On Monday 2nd October, creditors of Sturmey-Archer arrived in Birmingham for a meeting of about 50 people which was expected to place the company in liquidation. Jeremy Lewis and James Stack, on the This is Nottingham website, reported the events in graphic detail. Attendees discovered that control of Sturmey-Archer had changed. Lenark had sacked the management team just two hours before the meeting. The new directors, Barry Robinson and his associate Alan Brigham, wanted to avoid liquidation and instead intended applying for an administration order in the High Court the following Friday. The meeting was therefore redefined as an informal meeting of creditors rather than a formal creditors' meeting. The meeting started without Barry Robinson, who arrived ten minutes late. Delegates demanded the freezing of Sturmey-Archer's bank account with Barclays at Walton-on-Thames, from which a further £25,000 had recently been taken by Lenark making a total taken of some £192,000. They also succeeded in getting Lenark to reconsider the application for an administration order, arguing that without a substantial injection of cash, it would be pointless so late in the day. Freshly-sacked former managing director Colin Bateman argued that placing the company in administration would be a disaster: it would delay redundancy payments to the workers by many months, and it would lose the company customers who would go elsewhere. The meeting was heated. At one stage, a departing Sturmey-Archer manager, Alan Ettles, asked Barry Robinson, "What has changed to make you believe it is worth investing in? Have you come for a bit more of the cake? The crumbs that are left? What are you after?" Robinson replied, "We are trying to save Sturmey-Archer. ... We want to save as many jobs as possible." Nottingham South MP Alan Simpson asked why Lenark had not approached the DTI or the Department for Education and employment for assistance with the relocation to Calverton. He also asked for the financial guarantee that Lenark gave to Derby to be published. Derby's corporate controller, Simon Goddard, reiterated the company's stance that it had undertaken "due diligence" via a firm of financial advisers. Gary Matthews, chief executive of Derby, had told The Mail on Sunday that Wragge and Co. did the due diligence on Lenark. But Wragge and Co. denied this at the meeting, saying it was done by Oasis Europe, the company that made the Derby-Lenark match. Oasis subsequently denied this, leaving suspicions that nobody did the due diligence, despite what may have been believed by those involved. Tony Murphy of Sturmey-Archer's insolvency practitioners Smith and Williamson, pointed out that three Lenark companies were in liquidation, another in receivership and a fifth might well go into liquidation following a creditors' meeting in a week's time. Derby had insolvency practitioners at the meeting, partly because Lenark still owed them about £0.8m for the purchase of Sturmey-Archer Europa BV. Hence, Derby too was keen for immediate liquidation. Also present was George Hu of Sun Race USA, wearing a black shirt emblazoned with his company name. Plainly his company still wanted Sturmey-Archer. New Sturmey-Archer MD Barry Robinson was given fifteen minutes by the meeting to consider his options. This he did and announced, through Tony Murphy of Sturmey-Archer's insolvency practitioners Smith and Williamson, that the bank account would be frozen and that Lenark would underwrite the cost of investigating the benefits of putting the company into liquidation. David Stott, an engineering manager with Sturmey-Archer, successfully demanded that the meeting not be allowed to break up until it had been confirmed that the bank account was frozen. Liquidation By the end of the week, Barry Robinson, having twice visited the Nottingham factory, had decided that there was no way a rescue could be arranged using Sturmey plant as collateral. Therefore administration was no longer an option. Derby chief executive Gary Matthews then said that Derby might be interested in buying some of Sturmey-Archer's bicycle related divisions, but nothing came of this. So, Sturmey-Archer went into liquidation. The directors attributed its failure and the loss of some 300 jobs to the lack of financial support from Lenark. They considered that, apart from the necessity to relocate and costs associated with this, the company remained a fundamentally viable business. Assets were estimated to realise £3.7m. These included a 100% shareholding in Sturmey-Archer Europa BV, valued at £0.75m; machinery and equipment valued at £1.1m and stock worth £1m. The company had a deficit of £2.3m. The largest category of creditors was the employees. Their claims in lieu of notice and redundancy pay amounted to nearly £3.3m. In early November 2000, as liquidation of Sturmey-Archer proceeded, the management team of Brooks saddles paid the liquidators £1m and thus saved the Smethwick, Birmingham operation. Brooks exported 85% of its production to more than 180 countries and was established in Birmingham about 1870. The plant employed about 20 staff. An anonymous 'UK bike trade individual' financially supported the acquisition. The new managing director of Brooks was Gordon Nixon. He had been the Brooks factory manager and the two-day a week personnel manager for Sturmey-Archer. Auctioneers FD Savills auctioned the Sturmey-Archer factory equipment. A sale preview was held on Monday 11th December. The equipment included three Liebergeld cold-forging presses, said to be worth more than £100,000 each. The largest weighed about 1,000 tonnes. The full list of equipment is given below this article. Sun Race buy Sturmey-Archer On the day of the auction preview, 11th December 2000, the following press release was issued by Sun Race Roots Enterprise Co. of Taiwan: From the Office of The President, Sun Race Roots Enterprise Co., Ltd., is pleased to announce the following: Sun Race Roots Enterprise Co., Ltd., a public traded company on Taiwan Stock Exchange, one of the largest global manufactures of bicycle drivetrain components of 28 years, one of the key players in the bicycle industry in North and Latin Americas and Asia, has just completed a deal with Sturmey-Archer Ltd., the producer of the 98 years old Sturmey-Archer branded bicycle internal gear hubs, the "original" inventor of the internal gear hub system. The deal will give Sun Race a strong foothold into the European market. This purchase completes Sun Race as one of the three total bicycle drivetrain solutions provider in the same league next to Shimano and SRAM. Total investment on the purchase, to bring production back, and to develop new products for introduction in 2002 will be around Three and a Half Million US Dollars (USD$3,500,000.00). The North American operations will change the name from Sun Race USA to Sun Race Sturmey-Archer USA. The European operations will change the company name from Sturmey-Archer (Europa) BV to Sun Race Sturmey-Archer Europe BV. The parent company Sun Race Roots Enterprise Co., Ltd., will change the company name to Sun Race Sturmey-Archer Inc. Sun Race's China operations will be renamed as Sun Race Sturmey-Archer (WuXi) Industries. It is Sun Race Sturmey-Archer Inc.'s intention to continue with the 98 years old Sturmey-Archer Brand which has traditionally been associated with high end. With the back up of the newly added engineering, manufacturing and marketing capabilities of Sun Race, Sturmey-Archer products will continue and expand to a full Internal Gear Hub Drivetrain Group consist of Shifters, Brake Levers, Chainwheel Crank Sets, Chains, and Internal Gear Hubs with Drum and Coaster Brakes. Sun Race Sturmey-Archer Inc. will market the Derailleur Drivetrain Groups, which consist of Shifters and Brake Levers, Front and Rear Derailleurs, Chainwheel Crank Sets, Freewheels and Cassettes, Hub Sets, and Multiple Speed Chains under the Sun Race Brand. The production of Sturmey-Archer hubs and service parts will continue from Sun Race Taiwan factory. The move will make Sturmey-Archer Products much more competitive than before. Production will start January 2001 with resume shipping dates of late March, early April 2001. And for the year 2002, celebrating the Century Mark of 100 years on Sturmey-Archer, Sun Race Sturmey-Archer will introduce a very special surprise based on the patent pending technology.
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LISA BUCKINGHAM, FINANCIAL MAIL EDITOR
Another nail in the coffin of market repute
4 March 2007
The only surprise at the criminal fraud charges brought against 13 Wall Street traders last week was that the American authorities had actually investigated and decided to prosecute one of the most pervasive insider-dealing rings since the days of trader Ivan Boesky.
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As small shareholders know to their cost, despite the panoply of regulation and market scrutiny on both sides of the Atlantic, insider dealing remains rampant. It rarely manages to find its way into the courtrooms. And even when it does, convictions are notoriously difficult to secure.
The arrival of the private equity megadeal has made things, if anything, harder to control. A consortium of two or three private bidders with respective advisory entourages means keeping a prospective takeover move under wraps is about as likely as making a safe crossing of the M1 with your eyes shut.
Research by the Financial Services Authority this time last year into takeover bids in the first four years of the new millennium revealed that there was a degree of 'informed trading'-insider dealing - ahead of a stunning 29% of takeovers.
Things may have improved since then. When the FSA gives an update on its research into later years, taking into account a rather more mature enforcement regime, it will be hoping such systematic market abuse shows signs of reduction.
It is easy to look at the latest example of abuse in New York, which could be characterised as tipping off a few mates before a share recommendation was issued by a 'respected' broking house, and regard it as a victimless crime. It is estimated that the 13 netted 'only' about £8.5m between them - not enough to keep most self respecting American chief executives on the payroll for a year.
As usual, though, the victims are private shareholders. They are not on the inside. Their trust in a financial services system that has already served up mis-selling scandals and rip-offs on a monumental scale is further eroded each time such scandals are exposed.
Marks & Spencer boss Stuart Rose was last week depicted as a Gerald Ratner-style gaffe-maker for having admitted he had considered the idea of a bid for Sainsbury's.
His comments, made on the fringes of a retail conference, ran on the Bloomberg newswire for a few hours as the M&S board and its advisers frantically worked out a wording that would see off the more officious watchdogs of the Takeover Panel while appearing to leave open the possibility of bidding under practically any foreseeable circumstance. The only prospect apparently ruled out was a hostile, cash bid.
I've no doubt Rose has looked at Sainsbury's. He will be sorely tempted if a private equity bidder comes along. But possibly last week's blunder was a little more strategic than it at first appeared.
M&S's barely dampened acquisitive possibilities served to pump Sainsbury's share price higher - not as high as a mooted venture capitalist would have to pay - but certainly towards the levels at which a bid of 550p a share (the mooted price from the private equity predators) would struggle to offer much in the way of a bid premium.
Justin King is doing a very creditable job of turning round the supermarket group. There is a suspicion, however, that he might, just might, do even better if the rich rewards of private equity ownership were his for the taking.
And as the Sainsbury's middle-market customers are bang in the middle of M&S's target audience, Rose would almost certainly be happier with King simply firing on six cylinders, rather than supercharged.
Simon Allso, whose colourful career has been documented over the years by Financial Mail has once again hoved into view. Recently emerged from bankruptcy order number two and disbarred as a UK director, he has teamed up with another boardroom outlaw, Anil Kohli, to mastermind buy-to-let housing in Bulgaria.
Allso has hit the investment zeitgeist. Bulgarian property is flavour of the month for those with a few hundred thousand euros to spend. Blue-chip companies will want to rent properties for their employees and there may well be a strong aftermarket for sales to local people.
It seems remarkable, however, that two men who misbehaved badly enough to prompt action from the notoriously somnambulant Department of Trade and Industry can persuade people to hand over £5,000 on trust for the (possible) chance to buy a house for up to 250,000 euros.
At least Allso and Kohli got caught and their record is there to see for anyone with sufficient intelligence. But as ICC Credit - a leading credit reference agency - said following our story of cutbacks in the Insolvency Service, the future could mean that 500 rogue directors a year escape scot-free. And the people they try to persuade to invest will have no record to search.
Other stories: M&S considers £10bn Sainsbury bid Tax win for M&S could hit state coffers
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18/03/07Shame on us for poor price of family silver11/03/07Murdoch can feel smug on quiz scandal25/02/07Britain leads the way on private equity11/02/07Who will spoil the private equity party?04/02/07Private equity years too late for Sainsbury's
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AmandalawProperty SalesJoined: Aug 17, 2006Posts: 112Location: Devon
Posted: Mon Mar 05, 2007 6:47 am Post subject:
I don't see how building work can be done at all for 400 houses, do they think people are stupid? where in Vladaja can they fit 20 houses let alone 400? Vladaja is a small place, it is a great place though, i would say it is the safest place to live in Sofia and very accessible to the centre and to the ring road. the people are friendly and public transport is really good. it is very strange that the locals know nothing about it. My friend she went into her local shop in Vladaja when they opened this morning and asked if they had heard about this project, they laughed and thought she was joking, when she announced she had heard the plan was true, the man whom is well known and respected in the area, oh he has lived there all his life, thinks someone must be mistaken or some developer is not telling the truth as Vladaya is just to small for this type of type of project. owners of local shops normally know what is going on in their area don't they? should anyone have further info on this, i would be greatful if they could let me know.
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mummyNewbieJoined: Mar 07, 2007Posts: 2
Posted: Wed Mar 07, 2007 2:03 pm Post subject: Simon Allso BBTL
Hi everyone i am the (MOTHER) person he is reffering to in the article in the Finacial Mail on sunday. And i can assure everyone i have NOT retracted anything or paid his legal costs i am still very much fighting to get my money back he has had it for 16mths and has not done nothing promised, If you go to his main agent Tim Mannion and ask for an existing client to confirm the deal he gives you tha name and number of his oen employee. I will be making my own statement to Lisa Buckingham saying that Simon is a Liar well we all know that but hey i need to say it. If you need anymore more information please let me know i will help all i can thanks ....
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AmandalawProperty SalesJoined: Aug 17, 2006Posts: 112Location: Devon
Posted: Thu Mar 08, 2007 7:42 pm Post subject:
Thanks Adolf for the link, i read the whole article. I read that build has started, i can assure anyone that the build has not started, as i said previously my friend lives in Vladaya and i am sure she would know.
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leedarkwoodTopic Advisor: Visas & Village LifeJoined: Jun 09, 2005Posts: 1659Location: Huddersfield now, and South West Bulgaria soon
Posted: Mon Mar 12, 2007 10:34 am Post subject:
I take it that is not the same Simon Allso that seems to have been in trouble in the British courts? Four years for property related fraud in 1995 and 15 years banned from running companies from 2003? See http://www.hmcourts-service.gov.uk/judgmentsfiles/j2475/rodencroft-v-ssti.htm No, can't be, can it. Must be another Simon Allso. Lee
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tonyf27ukSenior MemberJoined: Apr 29, 2004Posts: 57Location: Scotland+Dilber Cheshma
Posted: Mon Mar 12, 2007 11:30 am Post subject:
looks like somebody(lawyer??)got to Mummy
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746 comments:
1 – 200 of 746 Newer› Newest»THIS BLOG IS LIBEL
BULGARIA BTL (OOD) ARE SEEKING A COURT ORDER TO REMOVE THIS DEFAMATORY MATERIAL
YOU CAN PROVIDE INFORMATION ABOUT THE AUTHOR OF THIS MATERIAL TO SIMON@BULGARIABTL.COM
MANY THANKS
Simon Allso is a criminal simple as that. It was noted by the Judge sentencing his to several years in prison that “he ran is companies as vehicles for fraud“, this is not a business man making mistakes or hitting rough times he is a parasite criminal preying on innocent people. Regarding this fine bog, this is an example of democracy at work, it is not despite the comments from Allso being libellous all the information published on this site is true and as it all appears to be in the public domain quite legal, please ignore this stupid mans threats. As for people helping him with information, he has no friends and none will help him.
I am a victim of BBTL my property was not built and my deposit not returned, what BBTL don’t seem to understand is that Interpol now have an Office in Bulgaria and EU law applies. On a final note the BBC consumer programme Watchdog are very interested in Simon Allso so if anyone wishes to talk to a producer please contact them at watchdog@bbc.co.uk
Oh S, not threatening court action again, how unusual for you. It is always your first line of defence, a writ paid for by the poor saps at some company you've swindled.
So it seems that your foul worthless existence may be catching up with you at last. Always a worry when your home address is published too, very disconcerting for you I'm sure, and it's such a nice area too.
You and some "close asset" financing stripped many good companies in the 70's and 80's. A good friend of mine commited suicide after your firm raped his and he lost everything he'd ever worked for. You may think that your actions are victimless crimes but there are real victims here. OK so they are gullible and greedy and you pray on that, it hardly makes a you a saint. Your record, as that of J's and to a lesser degree I's, displays a callous disregard for people.
Yes I know that you act within the law but you also know that what you do is wrong, morally, socially and ethically.
Hopefully one day when you haven't checked your car thoroughly or your minder has a hangover perhaps someones else's morals will be put aside in the name of the greater good.
We can only hope so.
"This piece is of course pure fiction made up by a person with an overactive imagination who knows nothing at all about anything, honest. A."
Neutral Citation Number: [2004] EWHC 862 (Ch)
Case No: Petitions 6944-6946 of 2003
IN THE HIGH COURT OF JUSTICE
CHANCERY DIVISION
COMPANIES COURT
Royal Courts of Justice
Strand, London, WC2A 2LL
Date: 23/04/2004
Before :
THE HONOURABLE MR. JUSTICE EVANS-LOMBE
- - - - - - - - - - - - - - - - - - - - -
IN THE MATTER OF THE INSOLVENCY ACT 1986
AND IN THE MATTER OF:
(1) RODENCROFT LIMITED
(2) W. G. BIRCH DEVELOPMENTS LIMITED
(3) H-M BIRCH LIMITED
Between:
SIMON ALLSO - Appellant
- and -
THE SECRETARY FOR STATE FOR TRADE AND INDUSTRY - Respondent
- - - - - - - - - - - - - - - - - - - - -
David Lord (instructed by Tarlo Lyons) for the Appellant
Michael Green (instructed by The Treasury Solicitor) for the Respondent
Hearing date: 19/3/2004
- - - - - - - - - - - - - - - - - - - - -
Approved Judgment
I direct that pursuant to CPR PD 39A para 6.1 no official shorthand note shall be taken of this Judgment and that copies of this version as handed down may be treated as authentic.
................................................
The Hon. Mr. Justice Evans-Lombe :
1. These are appeals from the orders of Mrs Registrar Derrett made on the 17th December 2003 whereby she made winding up orders against Rodencroft Ltd ("Rodencroft"), W. G. Birch Developments Limited ("Birch Developments") and H-M Birch Limited ("HM Birch") on petitions presented by the Secretary of State for Trade and Industry under section 124A of the Insolvency Act 1986 on the ground that it was expedient in the public interest that they should be wound up. I will refer to the companies against whom those orders were made together as "the Companies". On the 3rd November, on the application of the Secretary of State, Provisional Liquidators were appointed over each of the Companies.
2. On the 3rd November 2003 petitions under section 124A against the Companies were presented to the court and subsequently served. Winding up orders were sought on the public interest and just and equitable grounds. The burden of the allegations contained in the petitions is that the Companies were used by a Mr Simon Allso ("Mr Allso") as vehicles for fraud, namely, the extraction of assets from companies in financial distress before they entered formal insolvent administration. Thus it is alleged that, having discovered an appropriate target company, Mr Allso would procure the acquisition of a controlling interest in its shares by one of the Companies. Having obtained control, the trading of the target company would be continued for a brief period during which assets would be abstracted, typically, as substantial "management fees", after which the target company would be left to be wound up by its creditors. The petitions make serious allegations about the conduct of Mr Allso. It is accepted that on the 2nd November 1995 he was sentenced to a total of four years imprisonment for two offences of fraud and two offences under section 11 of the Company Directors Disqualification Act 1986. He was also disqualified from acting as a director under section 2 of that Act for 10 years. On the 22nd October 2003 a maximum period disqualification of 15 years was imposed on Mr Allso as a result of his operations with relation to another failed company, In-A-Flap Envelope Company Limited.
3. For the purposes of this appeal it is not necessary to set out a detailed description of the transactions entered into by the Companies. Suffice it to say that, at the time the matter came before the registrar, of the five target companies "acquired" by the Companies two were in liquidation and two in administration, all with substantial deficiencies against ordinary creditors. The fifth company H-M Shopfitting Limited was continuing to trade and was apparently solvent although substantial sums had been abstracted from it. The Secretary of State's petitions against the Companies do not allege insolvency as an alternative ground for winding up.
4. At all material times Mr Allso has been disqualified from acting as a director of companies. The board of directors of the Companies have consisted of associates or nominees of Mr Allso. Mr Allso is the controlling shareholder of Rodencroft. The issued shares in Birch Developments have at all material times been held by two associates of Mr Allso. The only issued share of H-M Birch is held by company formation agents. It is Mr Allso's case, not challenged, that Rodencroft is the beneficial owner of the issued shares in Birch Developments and H-M Birch.
5. It is accepted that the holdings of shares in the target companies are the Companies' only assets. Since the winding up orders it has emerged that the fifth target company, H-M Shopfitting Limited, has also passed into administration showing a deficiency of £908,406.
6. When the petitions came before the registrar none of the Companies appeared to oppose them. Mr Allso appeared by solicitors and counsel to oppose the petitions claiming to do so through his interest in the Companies by way of his controlling shareholding in Rodencroft. At the hearing he sought leave to put in evidence to traverse the allegations contained in the petitions and in the evidence in support of those petitions adduced by the Secretary of State. After a very short hearing of which Mr Allso's solicitors' notes were before the court, the registrar made winding up orders in respect of all three Companies. She did so accepting the Secretary of State's submission that Mr Allso had no locus standi to oppose them.
IN SEARCH OF SIMON
We are a London based production company interested in hearing from customers past and present of Simon Allso and any of his previous companies including his latest venture Bulgaria Buy To let. We wish to talk to anyone that has information about, or has worked for companies closed as a result of Mr Allso’s involvement, have you, a loved one or friend been a victim of Simon Allso in any way?. If so you could help us in the making of an hour long documentary being produced about Simon Allso. You can contact us in complete guaranteed confidentiality by emailing me at: sally2@uk2.net
Hi friend, please enter in this blog: www.bulgarosenasturias.blogspot.com It´s a new blog, so I want to tell the people of it and to start enter on it. It’s a blog of the bulgarian people living in Spain, and it may be interesting for you to check it. Thank you. If you want, you can make a link for it in your blog. Have a nice day!
Hi friend, please enter in this blog: www.bulgarosenasturias.blogspot.com It´s a new blog, so I want to tell the people of it and to start enter on it. It’s a blog of the bulgarian people living in Spain, and it may be interesting for you to check it. Thank you. If you want, you can make a link for it in your blog. Have a nice day!
Tried to e-mail davidknightbblt@yahoo.co.uk
as per the blog but it bounces back!
Anyone got new e-mail details?
Neil
http://mhlegal.eu/blog/bulgaria-buy-to-let-bulgaria-btl
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After subscribing to the Yahoo Group, check your Inbox & verify. Then after our approval you will be a member.
-----------------------------------
Have a good laugh at this old post from Robert Gavin, of Property Horizons, London, here dated 12th April 2007:
http://www.propertycommunity.com/forum/bulgaria-property/1585-100-mortgaes-bulgaria.html
Well, it all fits the profile of Simon Allso. Today he threatened me with legal action & shut down my aforementioned Yahoo Groups private forum.
Simon, did you learn nothing in prison about the errors of your ways? Did you only learn how to further corrupt & "legalise" your own mind & fantasies that lead to destruction?
Allso's latest scam is called "Smartwayadvertising", as highlighted by Lisa Buckingham here:
http://www.dailymail.co.uk/money/article-1297446/LISA-BUCKINGHAM-A-disturbing-lapse-professionals.html
Is this now the main place to see if something can be done about BBTL?
Other forums seem to be closed down for some reason and no one seems to reply to me
John
The mad, bizarre promotional B.S. put out by Robert Gavin in 2007
http://www.propertycommunity.com/forum/bulgaria-property/1585-100-mortgaes-bulgaria.html
Lesser known website
http://www.propertycommunity.com/forum/newreply.php?do=newreply&noquote=1&p=98847
Details evidence of the scam posted by victims
http://mhlegal.eu/blog/bulgaria-buy-to-let
Lisa Buckingham of the Financial Mail documents our fraudsters here
http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=418070&in_page_id=19&in_author_id=2
Sabotaged forum set up by victims that went 7 pages deep since 2006
http://www.eyeonworldwide.com/forum/comments.php?DiscussionID=8737
Notorious Simon Allso
http://www.investdrinks.org/heros.htm
(THIS WEBSITE) Highlights past crimes of Anil Kohli, Simon Allso, Tim Mannion with photos!
http://bulgariabtl.blogspot.com
Main BBTL Sales website here (owned by Simon Allso)
http://www.bulgariabtl.com
Indian BTL Scam setup by Anil Kohli after BBTL (promoted by Robert Gavin, of Property Horizons, London)
http://www.propertycommunity.com/forum/india-property/11248-mira-road-pathway-developers-4.html
Property Horizons, London
http://www.propertyhorizons.co.uk
(Subsequently renamed his company Property Horizons), original website here
http://www.invest-in-sofia.com
Simon Allso's Proud LinkedIn Website!! (Where did all the money go?)
http://www.linkedin.com/pub/simon-allso/11/987/15
Andrew
Thanks for such a comprehensive (even if incorrect) list of weblinks as it saves me loads of time trawling through searching for sites that mention my name which I can review to see if I want to close down the comments
As you will note some of them are already gone and some don't even mention me but it never hurts to keep up to date!!
It is interesting to note though that you clearly are intent on harassing me personally rather than complaining about BBTL which is what I believed your problem was about
Please though publish any more links you can find as it is most helpful
Andrew and Phil
Frankly you are both just going around in circles wasting everyone's time with this nonsense repeated over and over again.
The business was solvent, employed 50 people, was building houses and owned substantial freehold land at the time I had to leave in 2007
The company or I broke no laws and that has been investigated here and in Bulgaria already
For you both to continue to defame and harass me personally is unacceptable and I have offered you both the opportunity to let me take you to court so you can have your say
Neither of you have the balls to even supply your current address for service!!
As to liars forfeiting their rights then clearly Phil is an accomplished Mortgage Fraudster and liar as published in the Financial Mail
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
As to Andrew who hides away and writes the odd line who knows? I am sure we will find out one day unless someone starts writing lies about him!!
In conclusion, either be men and sort this out in Court or carry on being little boys writing this rubbish that has no foundation.
Simon
If you want my address, I am sure you can find it, but you will have to spend some of the allocation money that you transferred into your wife's account.
If you would have answered some simple questions regarding the legitimacy of the 100% finance scheme, I would have given you the address for free.
If you were a man, you would meet me in person
You really are the most dillusional man I have ever met.
The substantial amount of land that you own is Vladaya, which you have planning permission for 23 houses and Petarch.
If we believe your lawyer , Iva and Kohli , you own Petarch, which does not have full planning permisson for 80 houses, if we believe you, Petarch does have planning permission for 80 houses.
If you review this email, you will see that my thinking is based on rationalityand based on basic property development/ investment principals.
namely, in order to build hundreds of houses in a short space of time
you need a massve amount of land, finance and planning permission , and a top notch workforce, not cheap, eastern block labour
with one of these components missing, the project will fail,
The corporate tenants were another part of the deception, they did not exist.
Robert Gavin or Alan Forsyth.
are you able to argue with my reasoning,or are you going to continue supporting Allso and Kohli with your silence.
you seem to be burying your heads in the sand hoping that this will all blow over, and people will forget how you helped Allso and Kohli deceive your customers out of 1.5 million
Are we in agreement Simon that the 100% finance scheme was to raise money for the building work at Vladaya and Petarch as the banks would only give you a very small amount of investment, you had no track record of building work, you have a criminal record and a long history of failed business ventures, no investors and no business plan?
Other than the £300,000 bank loan, you had very little in the way of investment .
I see in a press interview given in June 2007 in Bulgaria you mentioned an investment of 24 million, this is when you were promising Bulgarians
a loan if they put up there house as a deposit. 24 million, and that is just for 100 houses, you need to build 600!!!!!!!
Lets say that you originally kept the allocation queue to managable level, You were seeking planning permission for 100 houses , with 50% of houses going to allocation queue, that means you offer 50 houses to investors on the 100% finance scheme. We know that really Vladaya was too big a project for you and Kohli, but we will give you some slack.
OK, for sake of argument, we have to pretend that you have corporate tenants, we have to pretend that you can build petarch and Vladaya in a year, even I realise that Vladaya and Petarch cannot be built in a year, but lets keep it simple , so even you can understand.
So,you sell 50 houses on the 100% finance scheme, so that raises £250,000. Then take out the commission to the agents, £25,000 and then put £1800 into the investors accounts.
O
On Dear, you have raised just over £130,000, you have a bank loan for £300,000, a factory to buy, planning permission to obtain, offices to pay for, staff to pay for and your wife needs capital to some to start up a business, plus Anil's children need to go to private school, and it would be unfair to expect the investors at Pathways to pay for all Kohlis childrens school fees.
So you need to raise millions more , as you said 2 milion was spent in Bulgaria and you have barely scratched the surface of what needs to be done
Ok, you are in desperate need of finance, the banks have given you £300,000 and will not give you any more, you cannot approach investors and say, we have a couple of directors, one previously imprisoned for fraud and a track record of helping companies into the bankruptcy courts and the other is also banned in the UK as a director and also involved in scamming people, well they have run out of money before even completing a single house, but are diluded enough to believe that they expect to build 500 houses in 2006 and 1500 houses in 2007/2008, well they want your money to finance the buiding of some houses in Vladaya. We say that we will form companies, but that is irrelevant, it is up to Simon Allso how the money is spent, and if he wants to transfer it into his wifes account and call it expense income, then you have no right to complain.
No, it is much better to get some agents to go out and promise 100% finance and a property shell within 12 months, just make sure that you get some agents that will not check finance, land or building permission or spend 5 minutes determining if the finance scheme makes any sense.
All I can say Simon is , you chose your agents well, ( have to be careful about swearing, we know that this is something the police do take seriously ) I am sure these agents would support you, if you told them that you were flying in workers from the planet jupiter to build the houses.
Perhaps you would like to share the original plan, and explain why a lawyer found no evidence of corporate tenants, or why you increased the allocation queue to such an unamanagable level and ignored BBTL own rule about limiting size of allocation queue so that investors would not wait more than a year.
It is not hard to see why so many of your business exploits end up in the bankruptcy courts, you have shown time and time again that there was no plan to build after Petarch / Vladaya, you just wanted free finance.
Simon,
I see in your email below that you say that when you left that BBTL were solvent and able to pay there debts. thats funny Simon, only a short time prior to that you were promising BBTL were well on track for building hundreds houses within 12 months , and were only 4 months behind this target, this is a far cry from being barely solvent, ?, as you said, Andy joined in April 2007 and was promised a house shell within 12 months and 100% finance
So Simon, When Andy was sold the the idea that he would receive a house shell within 12 months, how much money was in the accounts that would allow BBTL to complete this mammoth task ?
so lets try and make it as simple as possible , so that even you understand, you owed money to your contractors in Bulgaria, you owed money to your lawyer, you had only land for 100 houses, you needed to build hundreds more, you had insufficient land, planning permission, You had failed to secure any more finance in the previous 2 years, you had clients on the allocation queue for 2 years and nothing to show, and your site at Vladaya was less than 1/8 finished.
You keep saying that you didnt profit, no , you transferred the 'profit' into your wifes account
Do you have the guts to meet me yet Allso, and we could debate the 100% finance scheme, If you are scared, just invite Anil along, or the hampshire police, perhaps they can pick up some business ideas from you :), you can pass on some tips about what made in-a-flap, the buzwell group, sturmen archer and now BBTL such a success. well your wife profited didnt she?
BTW, neither the police or the DTI have investigated BBTL, if they had, they would have discovered a web of lies and deception. The DTI investigated buybulgaria and then closed it down, mainly because money was being transferred to accounts of family / friends of the banned directors,
Phil
All I can do is repeat what I have said - be men and come sort the matter out in Court!!
Frankly you are both just going around in circles wasting everyone's time with this nonsense repeated over and over again.
The business was solvent, employed 50 people, was building houses and owned substantial freehold land at the time I had to leave in 2007
The company or I broke no laws and that has been investigated here and in Bulgaria already
For you both to continue to defame and harass me personally is unacceptable and I have offered you both the opportunity to let me take you to court so you can have your say
Neither of you have the balls to even supply your current address for service!!
As to liars forfeiting their rights then clearly Phil is an accomplished Mortgage Fraudster and liar as published in the Financial Mail
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
As to Andrew who hides away and writes the odd line who knows? I am sure we will find out one day unless someone starts writing lies about him!!
In conclusion, either be men and sort this out in Court or carry on being little boys writing this rubbish that has no foundation.
Mr Allso
real men sort it out in court ?
you are very brave to take people to court that have no money to defend themselves.
You are the sort of person that runs a person over , then visits them in hospital, as they lie on a life support machine, and thenchallange them to a fight.
And then you leave the hospital beliving that you are so brave.
I do not have the finance that you have extorted out of people over the years, with your companies, that as a judge described, are a vehicle for fraud.
I am sure that you can find my address, but it will cost you some time and money.When I have asked for information in the past, you refused to answer, or gave me some rediculous notion that the contractors, or the fixers and architects , depending on what day it was, say BBTL could build 10 properties a week, This shows are out of touch with reality you really are.
I notice how you love to quote the daily mail article.
Please tell me again simon about how you were going to finance the building of 600 properties in Bulgaria, Oh yes I remember, you say that the banks dont need a cash deposit ?Your agents were told that the financing was through developers finance, and then BBTL didnt have any money, and so again, you change the rules, as you have done all throught this project.
I notice in the press conference you gave in Bulgaria in June 2007 you talked of building 80 houses at Petarch, taking 18 months and The building of Vladaya,Not a mention of where the other hundreds of houses are going to be built.
There are many, many people on the internet that will describe you as a fraudster, unable to be trusted etc,not one of your agents, friends , or directors will support you and the BS about the 100% finance scheme being legitimate.
They are all embarrassed to have done business with you, and are no doubt hoping that their association with the selling of a pyramid scheme will be hushed up.
Phil,
Same old repetition
Going to Court is what you guys say you want to do to me
All I am saying is that I am quite happy to do that as there is nothing to hide in what I have done in respect of this business
So please, either allow the matter to go to court or stop this unfounded sill nonsense and just get on with life.
There are fewer and fewer people interested in you repeating the same rubbish that is simply untrue
These 'blogs' always end up the same way - closed out - which is why you need to settle the matter once and for all in court and stop hiding
You will never resolve the matter like this on silly blog sites will you?
Lets have a look at your press conference in June 2007, just before your supposed Heart attack , one month prior to the press conference, you had been assuring all investors on the allocation queue that BBTL were 4 months behind schedule,( the same BS timescales told to the Press in early 2007 in the UK )- you were even assuring those that had been on the allocation queue for two years that BBTL were only four months behind providing a property shell
http://translate.google.co.uk/translate?hl=en&sl=bg&u=http://www.largo.bg/info_issue.php%3FiID%3D250&ei=JkVyTP37IoaH4gaHnqXeCA&sa=X&oi=translate&ct=result&resnum=8&ved=0CEEQ7gEwBw&prev=/search%3Fq%3Dprincess%2Bvladaya%2Bpeturch%26hl%3Den
Simon
You are clearly unable to account for the inconstancies and lies, and instead focus on diverting attention away from the pyramid scheme to the victims of the pyramid scheme itself.
You talk about having substantial land, but will not reveal how much land, because this shows how deceitful the 100% finance scheme was.
as harry pointed out
Simon Allso is a criminal simple as that. It was noted by the Judge sentencing his to several years in prison that “he ran is companies as vehicles for fraud“, this is not a business man making mistakes or hitting rough times he is a parasite criminal preying on innocent people. Regarding this fine bog, this is an example of democracy at work, it is not despite the comments from Allso being libellous all the information published on this site is true and as it all appears to be in the public domain quite legal, please ignore this stupid mans threats. As for people helping him with information, he has no friends and none will help him.
Not one of your agents will stand by you, they just want the matter brushed under the carpet.
Simon,
You describe these as silly blogsites. I see that you threatened the author with a court order but failed to achieve this.
You later explained that the author lived abroad, so you were unable to do anything,
You then falsly accused Andy of writing it, even though he invested after the blog was written,
By the fact that you are commenting on the blog and then try to close it down, shows that it is harming your agents and / or yourself.
As quickly as you close down blogs, we can set blogs up, much to the embarrassment of your agents. I bet they are cringing at the thought of being associated with you and Kohli.
Have you noticed that not one of them is willing to defend your actions ?.
not one,
Phil,
I am not going to bother stopping silly blog sites that are clearly unread in general except by a very small number of people like yourself
When court orders have been achieved previously we have achieved costs against the guilty parties and will continue to do that where necessary.
Most of the time people stop with the defamation and harassment before they end up paying costs like that
I have no wish in getting such an order against you as the last thing I personally want to happen is that you get a court order to pay monies to me and I have to bankrupt you
That is not in anyones interest and will not resolve the problem you have.
At least this way the general public can judge for themselves what you write and what I reply
There comes a point -as has done with others - when enough is enough and if you continue I will have to act against you
The choice is yours as I have explained - it is not something I would choose to do but I will not accept your continued personal harassment
Simon,
Robert Gavin has already stated that the negative comments have cost him a lucrative deal.
Robert Gavin ignored the warning signs that the BBTL 100% finance scheme was dubious, he failed to check, planning, land, BBTL current commitments, corporate tenants etc even when many of the components of the deal were in question.
Simon,
Andy joined the scheme in April 2007,
here is an opportunity to write down how BBTL were going to deliver the house shell within 12 months, as per the BBTL synopsis.
give a brief overview, give specifics such BBTL's current commitments in April 2007, land, building permission, finance, financial arrangements with banks, corporate tenants,( that can be verified )
describe if BBTL were going to cover the deposit, describe timescales, include details about sports centres at Petarch, expected sales, the time allowed for sales. You would have needed this type of plan in order to secure further finance through a bank, they do not accept, we build 10 houses a week and then refiance !!!
and then tie this is with what is written on the BBTL website and then tie this in with the June press conference.
Remembering the rule about limiting size of allocation queue so that investors do not have to wait more than 12 months for a property shell.
If you can do this, and Robert Gavin will pubicly support your business plan, I will stop writing any further comments and will make a public apology to yourself and Robert.
But I know that you cannot do this, because your business plan holds no water, the 100% finance scheme was abused and as more and more sales were made, BBTL's commitment become unmanagable, even at a very early stage, before I invested.
The 100% finance scheme failed because so many sales had to be made to raise any significant amount of money
HENCE A PYRAMID SCHEME.
Phil
I PERSONALLY have no 'agents' - or other business interests since 2007 that would even read this rubbish - so that is part of the reason I am not too much in a rush to stop what nonsense you write!
What is annoying is what you write is PERSONAL and UNTRUE in the main
It is defamation and harassment of me personally that I am concerned with as why should I let you just say what you want when it is untrue.
Your argument is with a business I have had NO involvement with since 2007 when it was conducted perfectly legally and openly
I have no way to assist your complaint against the company or it's former agents and you must take the matter up with them if you wish and not me personally.
This has been explained to you many times.
So take up your argument with the company who you have dealt with long after I left and stop the personal harassment before it gets you into very serious trouble as you have already undertaken not to harass me personally
Simon,
as I thought, you are unable to account for the inconstancies and deception.
Simon,
most of the sales were made during your reign, most of the damage was done during your time as the director.
You handed a company over to Anil, that had planning permission for 23 houses, was struggling to get plannng permission for a further 80 houses, had 600 houses to build in a year and virtually no money n the account. What outcome was you expecting ???
Of the little money that was available , you had it arranged to be transferred to your family and associates accounts.
You did the damage Allso, put another company to the brink of bankruptcy ( your speciallity)
and then run as fast as your little legs would carry you shouting and hollaring about how none of it was done to you, and threatening legal action against anyone that doesnt believe the tripe that falls from your lips.
Build 10 houses a week, what is wrong with you, this is why I write about you, your reasoning is insane.
Simon , you are totally alone in beleiving the 100% finance scheme was legitimate. Robert Gavin, Tim Mannion, , STeve Hodgson and all the other agents are embarrassed to have done business with you. Even the dreaded Anil Kohli is embarrassed.
The public have a right to know about the inconstancies and deceptions.
Simon
you say that you are going to work out the costs that you have incurred as the result of my negative comments ?
Are they preventing you from carrying ou your normal business activities in the UK.
I thought that would be more down to your 15 year ban and your bad health.
The UK authoroties are not particularly concerned about your activities abroad.. unfortunately
Bored now - better things to do
Have fun posting rubbish guys!!
More businesses to work your magic on Mr Allso ?.
So why did you transfer money from the allocation queue to the families and associates of yourself and Kohli
Gentlemen.
I have read this blog with amazement. Simon Allso's attitude towards you the victims is utterly disgusting.
My opinion is that he displays psychopathic tenancies, he seems to enjoy your suffering, he shows a blatant lack of remorse or guilt and it appears that he enjoys goading his victims, this is not a nice person in fact I would express the opinion that he is in urgent need of Psychiatric help.
You are not dealing with a rational human being, he will convince himself that you are in the wrong and not himself. He also displays a profound lack of intellect which will further add to his strange behavior. I would not be surprised if he hides behind fake illnesses and will try and engage sympathy from his victims.
His personality disorder would also create disturbance in his memory perception, for example he would deny or not remember any wrong doing in his past, he believes himself to be perfect.
This type of individual will often develop relationships that resemble a mother son dynamic, underpinning deep seated insecurities and low self esteem.
I would strongly suggest to any potential investor or business associate thinking of getting involved with Simon Allso to perform the relevant due diligence and keeps well away from this dangerous individual.
I would like to add that this is of course just my opinion and I ask you to do your home work to discover more information about Simon allso and form your own opinions.
Thank you for your time.
'The Passenger'
What a laugh - yet ANOTHER coward who does not use his or her own name
When you have the balls to do so maybe some individual person MAY listen to you
Until then you are just an anonymous fool
How ironic the Simon uses the word coward, it would be more appropriate to call someone that cheats and lies for a living a coward. Someone like you Simon, you are indeed truly cowardly you are a pathetic individual with deep seated psychiatric issues. You should get help and soon.
And you should get a life AND a name....
Why do you want to be anonymous if you have so much to say I wonder?
It is worth pondering on the thought that there are people in the world that contribute to the good in society that become known or associated with good deeds, that help one another.
There are the nurses, police and carers people that give something back to society without huge amounts of money and often with out thanks, then there are the takers the parasites that help to destroy society that destroy trust and decency people like simon allso.
Allso you are a classic example of everything that is wrong with the world, you are a classic example of everything that is wrong with the modern mental health care system in the UK and living proof that care in the community does not work.
You are too stupid/disturbed to understand anything I have just said, perhaps you could get a grown up to explain it to you.
Remember this is just my opinion I would hope that people have read enough information about online to form their own opinions.
Dear Passenger
People like you are the pathetic ones in life - faceless and nameless individuals who have a lot to say hiding in shame and anonymity from the world
I have had a fortunate life in being able to make money all over the world in the last 25 years and help countless people all over the world who have been less fortunate than myself - all without reward
You do not know me and never will thank goodness
Fortunately, people like you destroy these Blog sites from being of any use to anyone at all in that your sort descends them into personal opinions rather than the purpose for which they are started
Long may you keep writing rubbish that makes this sort of site disappear into obscurity where it belongs as no one wants to read comments that are so personal or stupid as the ones you make
So please continue until the Blog dies!!
You say and I quote "I have had a fortunate life in being able to make money all over the world in the last 25 years" I think that is the point and it needs investigating.
As you rightly say I dont know you personally, so my thoughts about you cannot therefore be personal, they are merely opinions formulated since reading all the internet chatter about you. You have come to my attention professionally but we will save that for another day.
Passenger
You clearly are NOT a 'professional' in any way, shape or form - as I have already been investigated many times over the last 15 years and certainly no one with any intelligence who is a real professional anything would be anonymous as you choose to be
Unless - you are of course a 'professional' fool!!
Keep writing though as it is quite amusing and makes the Blog boring for most
A question for you Mr Allso, who was it that brought the successful prosecution against you for fraud and subsequent prison sentence??
As for who or rather what I am that is open to your fertile imagination to ponder on, for now.
As for you being frequently investigated, yes I know you were/are. I assume you regard this as an occupational hazard.
Well well Passenger
I take it that you are implying you are a Police Officer as of course it the Police who prosecuted me 18 years ago for being a company director whilst disqualified
IF you are a Police Officer you should be very worried as it is against the law for you to write such as you are on sites like this.
I know after making a complaint about such an errant Police Officer previously!!
You certainly do not know my background as so far all you repeat is what is already published and mostly incorrect which the public have access to
If you were a 'somebody' I am sure you would know your facts
Still quite amusing but I frankly have not a care who you are or were once upon a time as most people who are anonymous are ugly Nigerians in a call centre from what I read in the Papers!!
43 comments and rising all about rubbish which is fine by me so please continue until I get bored
"ugly Nigerians" not only racist Mr Allso but I would have thought that you have a lot in common with the Nigerians.
As for me being a Police officer, I have not insinuated nor claimed to be in the police force, that perhaps is your guilty imagination working over time, a man with your poor health should be a little calmer, eh Mr Allso.
You will also be aware that you were in prison more recently that 18 years ago, or is this more of your psychotic behavioral traits distorting the truth in your mind again.
There are several drug therapies available to people with your kind of mental illness, you should seek some professional help Mr Allso or are you hoping to use your condition as a mitigating circumstance and avoid a longer sentence.
I keep office hours Mr Allso and I am nearing the end of my shift, so I will say goodbye, for now. We must have another chat soon, It has been quite enlightening, thank you.
I am sure you will demand the last word so help yourself.
Simon
Your racist remarks have been noted, perhaps some of the people that invested in your 100% finance farce were of Nigerian origins. They have even more reason to loathe you
Have you noticed that not one person ever supports your derranged comments. Instead of addressing the legitimate arguments, such as lack of finance, lack of land , lack of planning permission and non existant tenants, you chose to attack the people that write these comments,
Not one person has ever supported you, even the BBTL Lawyer believes you are some kind of retard.
You look at the bulgarian development and you see a success. I hate to remind you, but according to Simon Allso's estimates, 2000 houses should have been completed by now.
The sad thing is , that BBTL is probably the pinnacle of your career.
Hi Guys or maybe ladies
STILL amusing!!
I don't 'attack' the people who write these silly blogs Phil - just reply to the personal comments when your complaints are actually about a business where I have not been involved for 3 years
That is actually what is so crazy about your actions - you are ALL so busy trying to have a go at me personally you have lost sight of the problem you started complaining about
How you believe that will solve your problem I don't know. It certainly has had no effect so far and never will as there is nothing I can do for you since 2007 when I left
Why you all do not get that is beyond me totally
Anyway, Passenger I was arrested 18 years ago and jailed 15 years ago as I said - no trouble since you will be pleased to know no doubt!!
Also, I am not sure assuming you are an ugly Nigerian person is racist as you could just as easily be an ugly English person!!
Shame you have to work shifts Passenger and are not a Police Officer - maybe you work in an Airport then and your imagination stretched to Passenger as an anonymous name for postings this blog
Seems about right for the intelligence level that you demonstrate I suppose
Always good to have the first AND last word on these sites as I try and do because that is what people mostly read
no trouble for the past 15 years ?
On the 22nd October 2003 a maximum period disqualification of 15 years was imposed on Mr Allso as a result of his operations with relation to another failed company, In-A-Flap Envelope Company Limited.
200 investors lose 1.5 million in a scheme masterminded by you, you were the director Simon.
and your biggest concern simon is that some people do not put their real name on forums.
We already know that you go onto forums posting in false names.
No CRIMINAL trouble for 15 years Phil - keep up and read the Blog!!
I haven't been a Director of a UK company for nearly 20 years and never would want to be again!!
So disqualification is of no real bother to me and never has been which is the very reason I did not even bother to defend the action in 2003
The disqualification order was obtained whilst I lived in Cyprus
So sorry to disapoint you yet again but keep on trying by all means if you wish
I just don't understand why you all have never taken ANY legal action if you all feel so aggrieved - it is what all sane people do in life when they have an unresolved problem
Yet not ONE person has sued the company to my knowledge
I personally am NOT the company you have dealt with and it is the company who your redress is with
Always has been and always will be
AND Phil I ALWAYS use my own name in what I do or say as I have no reason not to
I would love to take legal action against you simon, if you could point me in the direction of solicitors that will work for free , I will get on it straight away.
But we also know that you are a crafty little beggar, and you set the scheme up intentionally so that legal action would be difficult.
Steve Hodgson assured me that he would back any legal action should the properties not be built, the lying SOB.
The point is Phil that NO ONE has taken legal action
There is a very simple reason
The business was run totally legally in every respect
Once you actually accept that you will sleep easier
MANY clients went to Solicitors and ALL said the same - that nothing was done illegally
The authorities that investigated here and in Bulgaria all said the same too - nothing illegal
Anil simply was not able to continue from 2008 because of a worldwide shortage of monies for the banks to lend to developers OR clients for their 70% mortgages - which STILL has not changed
How you guys do not get that after all this time is totally beyond me
Simon Allso Bank details
30 21 90
34587412
Give an approximation of what land , building permission and finance that BBTL had in June 2007, and then explain how BBTL were going to fulfill their commitments.
'We were building houses and were solvent' does not prove that the 100% finance scheme was legitimate, even a simpleton would realise this. Go and ask an adult, to explain the basics of property investment for you, make sure they keep it simple, so even you can understand.
give specifics simon and prove that you have the mental capacity to put together a viable business plan
Everyone beleives that putting together a viable , succesful business plan is beyond your capacity as a business man and a human being.
so simon , prove them wrong, show that you can put together something that your investors profit from, not just Ingrid Allso,
Simon
I invite you to tell us how BBTL were going to fulfill their commitments, give an outline of what financial arrangments you had with banks, what corporate tenants, what finance, what land ( give specifics ).
And then tie this is with the BBTL synopsis and the press interview you gave in June 2007 ( shortly before BBTL run out of money )
Its ONLY BY DOING THIS will you stop the speculation.
Phil
I HAVE given FULL explanation of the business plan and finances to YOU before and will not be repeating myself
The company was solvent, with freehold land, had planning permission and was building houses when I left in 2007
This HAS been investigated fully by the UK and Bulgarian authorities and I have it in writing even all was in order in 2007 with the business totally compliant with the law
You are virtually the ONLY person that disagrees with the authorities that have found all was lawful
It is only by your constant lies that people believed there may have been something wrong
It does not take a genius to work out that if some 1M in fees comes in in the UK (net of commissions and UK expenses) and 2M is spent in Bulgaria on land, legal, office, infrastructure, building, staffing etc that there cannot possibly be ANY sort of 'scam' can there?
That is why the authorities agree that there is no 'scam' Phil - MORE money was spent on the business than the 1M UK fee connection
A child of 10 could understand that a 'scam' needs more money IN than paid OUT to be a 'scam' - and that is NOT what has happened here!!
Yet you carry this crazy campaign on and on for YEARS after I have left the business against me personally!!
You really have lost sight of the facts Phil and are dragging a few other people with you still
You have not given me a business plan, you have talked some crap about building one hundred houses in one hundred days, you have talked about building ten houses and refinancing and you seem unsure whether the banks need a cash deposit or not. You have not explained how you were going to build so many houses in such a short period of time and you have not explained why there is no evidence of corporate tenants and you have not explained your deceptive timescales.
A scam can also be where customers are deceived into believe they are handing there money over for a service , ie 100% finance, and the money is used for another purpose.
Find one property expert or authority figure that will come out and openly support your reasoning, you will not find it simon.
By the way, some nigerians have been very offended by your comments
Phil
ALL the AUTHORITIES have seen the FULL figures and they are a damn site more knowledgeable than you for sure.
They found NOTHING was done illegally
So just get on and sue the company if you feel you can win such a case and you know more than the authorities that have investigated your complaints already
In any event it is the COMPANY you need to sue and you need to stop harassing ME PERSONALLY
I have at least now found out how to stop this site and the harassment on it as it is a US site and it is a CRIMINAL act to harass over the internet!!
So Phil, be on notice if your do not stop this Internet harassment of me PERSONALLY and have removed all reference to me personally then I WILL report the matter to the authorities in the USA where Blogger is based
It is then up to them what they do but I will be informing them that you have already been told by the UK Police that what you are doing is harasment and you have agreed not to continue such behaviour here in the UK
It is up to you but you have fair notice of what I will do if you do not stop
I was advised to persue you through channels such as forums by the police, I have in fact pointed them to this forum, to highlight your racist slurs.
If you chose to argue with my comments is your choice.
You have yet to address the points I made, such as how you intended to build 600 houses in a year, when you had spent most of the money and failed to build one house !
Is only through blogs such as this , that investors know what a risk they are taking when Simon Allso is involved in a project, bankruptcy courts are soon to follow.
Phil,
You undertook not to harass ME PERSONALLY
You were told by the Police to take up your complaint with the company
That is what you are free to do and must do if you so wish
What you CAN'T do is keep on about me personally as I am NOT the company
I PERSONALLY have never had a contract, agreement or dealings with you and never will have
You are totally ignoring that undertaking and I will not stand for it anymore
It is up to you to remove these personal defamatory remarks and undertake not to repeat them
Failing that, as I have said, I will make complaint about your harassment of me to the US authorities as I have been advised to do
They apparently will track down ALL the people on this Blog - including who started it - as it contravenes US Penal Code and Blogger is bound by US law as we know.
It will then be up to the US authorities to be in touch with you and all the others I suppose to advise what law you have broken
I would also say that suggesting someone is an ugly Nigerian -which I did - is purely speculation as to who Passenger is!!
If he is not an ugly Nigerian I will apologise unreservedly of course
However there seems little chance of Passenger actually having the balls to even give his real name!!
Make the complaint to the US authoroties, I am sure they have better things to do than listen to the ramblings of a small time banned director.
tell them about how you were going to build 2000 houses between 2006 - 2009 in bulgaria, tell them about your build 10 refinance plan, and then tell them how much money you had.
should give them a laugh, perhaps they will think the circus has come to town, and this is some kind of contempary clown show.
Phil
You really are crazy
The US Authorities are only interested in what happens in US Law and in this instance the servers of Blogger are under US Law
Harassment and Defamation are CRIMINAL acts in the US as I explained
I will make complaint to the US authorities IF that is really what you want me to do
I am sure you remember telling me that the UK Police would have no interest either until they nocked on your door!!
Undoubtedly if you continue you will get yourself arrested and charged and I really do not want you to get into that sort of trouble however much I find what you are doing annoying and misguided
One way or the other, within legal means, I WILL stop you making all these false, misleading accusations against me personally when in fact your argument is with the company
I simply give you the option finally to realise that and stop the nonsense with me
It is therefore up to you how far you wish the matter to go as you have the choice
The fact is simply that your argument is with the company and NOT me personally as I have no personal dealings with you whatsoever
Tell me simon
was it the company that caused the collapse of all those companies, you know sturmen archer, in a flap, etc
Were you mistified when they arrested and imprisoned you.
Do you wonder why everyone hates hitler, after all, he didnt personally kill all those jews.
do you feel that once you set a company up, you are no longer responsible for the actions of the company, is that how you sleep at night.
so when you sent me an email explaining that 10 properties would be built a day, didnt you have the brains to realise how stupid this statement was
you looked at Vladaya, and thought, 10 properties a week , that makes sense.
10 properties in bulgaria, with little finance, cheap eastern block labour
and you didnt have the sense to question this.
you argue the finer points of the bulgarian law with your bulgarian lawyer, apparantly you know better
but you , as the director of BBTL, the founder, the man that ordered funds to be transferred into ingrids account, didnt have the sense to argue with 10 properties a week
thats why you cannot be trusted with peoples money allso, you cannot recognise the difference between fantasy and reality
you do not have the intelligence to make informed decisions
Its you who keeps making these disasterous decisions, not the company, you simon,
Phil and Andrew
All you questions need to be addressed to the company from now on and NOT me personally as I have had nothing to do with the company since 2007 as explained
What I do in life is not open to comment or discussion with you or anyone else and I cannot imagine what possible right you think you may have to question what I do or don't do
I do not have ANY PERSONAL liability, contract or other dealings with any of you and harassing me will not change that
I will make formal complaint to the Blogger site and also the US Authorities to see if this Blog can be closed out as it is simply a personal harassment of me - no more no less
If not, as notified previously, I will take a UK civil court action against you to stop you carrying on this futile harassment.
All that will lead to is an order for you to pay my costs in getting the order as clearly what has been written is 110% proof of harassment and entitles me to Injunctive relief
I have held off doing it simply as I believe that the last thing you guy need is a court order and paying ME costs!!
It is up to you - either stop this and remove the defamatory and harassing blogs or face court and costs
I have 70,000 reasons to comment on how you run your life.
I lost my life saving as a direct result of the way you manage companies.
By the time you left BBTL the damage was already done, the situation could not be salvaged.
The corporate tenants that you talk about only exist in your mind.
the possibility of building 10 houses a week only exists on your mind.
Your excuses have been shown to be contradictory and at times completely insane.
You refuse to acknowledge that at the time of your departure there was very little money left, to have continued promoting 100% finance was absurd. I have pointed out that your maths do not add up. you are unable to come forward with a plausible business plan.
I have seen evidence that agents were told that BBTL did not need banks and that the finance would be through developers finance. This is extremely deceiving. Without massive finance at the start of the scheme it was doomed for failure. The outcome was inevitable.
Without these blogs, You would be free to continue with ruining peoples lives. All this was done at the time you were a director, you signing a bit of paper does not absolve you from the massive deception that took place
I do not have ANY PERSONAL liability, contract or other dealings with any of you and harassing me will not change that
You were instrumental in setting up a company that deceived hundreds out of 1.5 million. Because you used agents to sell the BS for you, does not make you any less guilty
You call us cowards, but you set up companies, as a judge put it, as vehicles for fraud, and then you seem to seperate yourself from the deception that takes place.
My first phonecall with you, you told me that one hundred houses would be started within one hundred days, at the time I had an email from Iva stating that building work could not take place until the end of the year.
It is not hard to see where all the misinformation originates.
Your excuse was 'but we want to build one hundred houses in one hundred days.
again, all the projections were in your mind, nothing based in reality
Phil
My personal position is clear
If you did your homework you will realise that I was only a Director / Manager for a 4 MONTH period in 2007 until my heart attack - the business has been there 5 years
I have told you what I require you to do and it is up to you what choice you make but one thing is clear - I have NOT committed any crime in this or any other matter since a 1995 conviction and I am not going to continue letting you and others carry on with this defamation and harassment saying that I have
Lets get a few this things into perspective, firstly the infantile threat to have this blog closed. Blogger is well known for being an advocator of free speech (something Mr Allso does not believe in) a close inspection of the Blogger terms and conditions will highlight how this particular blog does not violate the house rules.
Mr Allso's use of phrases like "penal code are just nonsense. There are federal laws and state laws, Blogger is bound by the law of the state it is run from, more of Mr A's ramblings, please do not take this threat seriously. He has been trying unsuccessfully to close this site since 2007. Keep on posting.
Secondly, the accusation of harassment. It is a matter of context, we are all allowed under law to express an opinion, the opinions being discussed here are in context of Mr Allso's less than honorable business dealings.
Mr Allso has a well documented history of fraudulent and criminally run business, so once again as long as no threats are made towards Mr Allso and ones language in non threatening, you are allowed under law to carry on expressing your opinions on Mr Also, or any other subject.
Thirdly, if there is proven to be any financial irregularity in the running of Mr Allso's business affairs, for example transferring money and assets to family members, fraud etc, then a case can be still be brought against Mr Allso.
I would like to add that the views expressed in this posting are my own assumptions and observations and I urge you to form your own opinions.
I have just managed to read the continued posts since my last posting, as I rightly assumed Mr Allso had to have the last word, it is part of his personality disorder.
A few further observations based on his replies to myself and other contributors.
Mr Allso displays acute narcissistic tendencies mixed with a strong paranoid ideation, if you consider this with his hatred for anyone daring to disbelieves him or questions him, his arrogant assumption that he is too clever to be caught and his obvious psychopathic character and we have a very disturbed individual.
It is obvious that he really does enjoy your pain, he takes great satisfaction from trying to further his control over you.
Mr Allso here are a few observations based upon your use of language and phrase your psychological mannerisms (a great give away)
and general behavior towards others.
I would assume that you are of a low academic intelligence and probably did not have a close relationship with your parents, you might in fact be adopted. I suspect that you have a very low sexual drive, perhaps even impotent. You do not socialize well and have deep seated feelings of inadequacy.
You do not suffer any guilt towards your victims and regard anyone you are able to cheat as being weak and therefore a legitimate target.
How do you feel when you read this? does it make you feel angry?
I would like to add that the views expressed in this posting are my own assumptions and observations and I urge you to form your own opinions.
It may be worth at this stage to defining evil.
Evil is generally accepted to be defined as the intention of causing harm or destruction while threatening or deliberately violating morality. Largely due to the subjectivity of the word morality (which may refer to a society's moral code, one's own moral system, relative morality, absolute morality, etc.), there is no agreement about whether evil is a matter of social custom or universally correct principle that overrides custom. Evil, however, is most commonly used to refer to any intention that is socially perceived as the antithesis of a morally right or good intention. Ring any bells?
Passenger
Welcome back
I am sure your ramblings about 'evil' are enjoyed by all
My personal position is clear, I have complained to both IC3 and Blogger direct so we will see what happens
I HAVE managed to shut down previous blogs and sites whilst recovering court costs and will continue to do so as is MY right
When you want to say who you are then I will gladly join you in any action if you ever have the balls to stop being anonymous
The fact is I have committed no crime but this constant harassment IS a criminal offence as Phil knows first hand and has undertaken to the UK Police to stop
The more you guys write the more evidence of personal harassment there is to take to the civil court so continue if you wish but you are all on notice of such proceedings and claim for legal costs against whoever is identified if you do not stop
"I HAVE managed to shut down previous blogs and sites whilst recovering court costs and will continue to do so as is MY right".
Mr Allso this utter rubbish, more lies, more empty threats, typical of a person in your state on metal health.
I am not aware of any blog that you have taken to court or recovered costs from. perhaps you would be kind enough to provide me with the nanes of the blogs/forums/websites you have successfully sued, the Courts the cases were held in and sums of money recovered.
Try as hard as I can, I cannot find any evidence to substantiate your claims
Simon
I have to refrain from using bad language, but otherwise business as usual.The policeman even encouraged me to keep posting on forums. I have copied the police on all recent emails, no feedback to date.
You seem to be trying to distant yourself from the pyramid scheme.
You were the registered director of BBTL, your wife the shareholder.
So why did Ingrid profit, you have yet to explain
Passangers views on you are very perceptive.
Simon
I have to refrain from using bad language, but otherwise business as usual.The policeman even encouraged me to keep posting on forums. I have copied the police on all recent emails, no feedback to date.
You seem to be trying to distant yourself from the pyramid scheme.
You were the registered director of BBTL, your wife the shareholder.
So why did Ingrid profit, you have yet to explain
Passangers views on you are very perceptive.
Guys
One final note on this Blog for now as I have made my formal complaints, you all have fair warning of what I am going to do about this personal harassment and defamation AND above all it is SO boring after a while
As to closing sites and blogs I think the most recent was some Yahoo Group thing and 6 before that from memory as well as a few press articles!!
Passenger - THAT information is even moaned about on other Blogs!!
Makes you laugh that one Blog is used to moan about another one being closed down - but such is the Internet!!
IC3 looks into US regulated sites (such as Blogger) and looks at Internet Harassment and Defamation amongst other matters
They have CONFIRMED in any event that I am correct in filing complaint with them and they due have jurisdiction - so we will see
In the meantime I do not think I will be losing any sleep whatever happens!!
Anyway have fun 'blogging' amongst yourselves for now
As you will not answer my question I will ask you again
You say "I HAVE managed to shut down previous blogs and sites whilst recovering court costs and will continue to do so as is MY right".
Mr Allso this is utter rubbish, more lies, more empty threats, typical of a person in your state on metal health.
I am not aware of any blog that you have taken to court or recovered costs from. perhaps you would be kind enough to provide me with the nanes of the blogs/forums/websites you have successfully sued, the Courts the cases were held in and sums of money recovered.
Try as hard as I can, I cannot find any evidence to substantiate your claims. Regarding the comments made in your last posting, you are UTTERLY WRONG.
Simon
Still to hear why Indrid Allso profited , when 200 investors lost out.
My children lose out so that Indrid can start up a new business ?
Says it all
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
So Simon, tell me again, you say that BBTL was able to finance the building of so many properties with so little money because the banks didnt require a cash deposit, was that your reasoning. Yes , I remember being told that before by a certain fellow.
But once you have peoples money in your account, or your wifes account, the story changes, yes I experienced that before.
What about the other 200 investors , have you managed to explain to them why you transferred money to your wifes account, and I understand that our money put Kohlis children through private schooling. Do you think that your trying to compare me to you is a sufficient explanation.
To those pensioners that invested their money, build 10 refinance, anything better ?
So what did Ingrid do to earn this money, I hope she was vertical at the time !!
says Phil the fraudster!!
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
I must admit, it was a difficult time in March 2007, after finding out that I had not only lost tens of thousands of pounds to two career criminals, Allso and Kohli, had been lied to about Vladaya, been lied to about corporate tenants, been lied to about 100% finance, but also found out that I the promised finance was also in the UK was BS. yes a difficult time, lost life savings to the asset stripper Allso, about to lose a further £18,000 and be liable for costs.
The 6ft8" Steve hodgson didnt have the backbone to support me against the poison dwarf
I bet you like to think of me the same as you dont you allso. Did you have diffiult times aswell Allso, you must have had many of them, with so many failed businesses.
I know I have paid hundred times over for the mistake I made. I have lost everthing.
I just hope I dont become as twisted and evil as you.
AS I said, you are unable to put together a coherent account of how you were to fund the building of 600 houses in but instead chose to undermine the people that speak out against you.
If you cannot find anything, you scrape the barrel looking for reasons to undermine them, such as not using their name on a forum
I notice that you call us cowards,
but you do not have the balls to stand by the decisions you made as director of BBTL. I wonder if Ingrid has bigger balls than you.
Willing to meet me yet in person, and no , I cannot afford to meet you in court, but I would defend myself if need be.
Gentlemen.
Sent off a few messages yesterday and have received a couple of replies. Firstly IC3 they confirm that they have no legal reach outside of the US. The also confirmed that they have to legal rights over no American citizens.
Secondly Blogger,I asked then to cast a critical eye on this site and I can confirm they do not have any issues with the currant content.
Have a nice day ya'll
Mr Allso.
Despite you being such an upright law abiding citizen how do you justify the contents of this article?
http://www.dailymail.co.uk/money/article-1297446/LISA-BUCKINGHAM-A-disturbing-lapse-professionals.html
Mr Allso.
My apologies for repeatedly asking you the same question but as you have said publicly that you have taken several bolggers/websites/forums to court and won costs would you be so kind as to tell me where your supposed cases were held, which courts, which sites to have taken to court and the amounts of money you have successfully recovered.
Again I can not find one scrap of evidence to substantiate your claims.
Or perhaps and this is just a theory you are not telling the truth, or it is possibly a way to try and intimidate people on this forum, if so that puts you in a very negative situation legally as you could be accused of intimidation and you wouldn't want that added to your crime sheet would you Mr Allso.
Well such a lot to say you guys - and all rubbish too!!
From such a credible and totally believable couple of guys - who seem to know it all
There is Phil the fraudster
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
AND of course infamous
and 'professional' person 'Passenger' - the one with no name who may or may not be Nigerian and loves Blogs where he has no interest in the original subject apparently!!
I am sure you guys are totally credible source of rational thinking and everyone will really believe all you say - after all pigs can fly can't they guys
You are both so amusing
Have a great weekend and enjoy your blogs
Just thought I would share some snippets of articles I have read
Stalin was 5ft 4in, and Hitler and Mussolini were small men filled to the brim with pure evil
wonder if they hated nigerians aswell ?
Another study with more participants (about 400) was done afterwards and once again the shortest men were the most jealous on a sliding scale up to the tallest men. The researchers thesis is that their findings reflect insecurities among people who are not society’s targeted height
Is there a cure for Short Man Syndrome? Has Short Man Syndrome caused more suffering than, say, cancer or AIDs? What is the Center for Disease Control (CDC) doing to combat short man syndrome?!
We cannot let the short man syndrome outbreak continue to spread
Or is it simply a genetic prejudice held over from the days when big men were more likely to survive than shorter men? I don’t know. It may also have to do with nutrition: people who receive better nutrition at a young age have been shown to be more intelligent and grow taller than those who don’t
pigs wont fly that high
hmmmmm,
so simon, you was going to grant with a mortgage on the land that your BBTL never got planning permission , financed with a mortgage ?
little reminder
Message Received: May 21 2007, 10:37 AM
From: "Bulgaria BTL"
To: cell113@cell113.fsnet.co.uk
Cc: "'AJ Property Europe'" , "'tim'" , "'Iva Tetradova'"
Subject: RE:
Phil,
As you copied me in I do have a suggestion in your case as you are clearly still unhappy about timescale and management fees.
As a one off gesture we would be willing to convert your total expenditure (not just capital) to date in fees for 13 company formations as a discount against one off plan house at Peturch Riverside. We will grant a mortgage to you for the balance of funds payable for the property. You will only need one company formed for this transaction.
This has the effect of giving you an immediate property investment that you can possibly resell for a profit in the local market later this year..
This seems to me to be the only way around the issue of timing and running costs for you.
Please advise me of your decision.
Yours,
Simon
hmmm
nothing suspicious here simon ?
10 properties a week ?????????
and how was that to be achieved and financed
and when was that commitment made, by October 2006, you were already selling properties on the 3rd development, and in April 2007, the synopsis still stated that investors should expect a house within 12 months, and you still only had land for 100 houses and were about to run out of money ?
Phil
PETURCH DOES have Planning Permission and I sent you an ACTUAL copy of the official document from the Mayor's Office.
I have repeatedly told you that the 'deal' offered to you by Anil in 2008 would NOT have been what I offered so you need to continue to take that matter up with him
The timescales went longer purely because of planning delays beyond the control of the company which, again, you have been told many times.
The Building Contractor employed at Vladaya had committed to producing 10 houses per WEEK if required so when the statement was given to that effect it was perfectly possible.
That does NOT mean that the whole plan is not viable - just delayed.
No one had money 'invested' in a specific plot and consequently there is no timescale contractually
That does NOT mean I do not think you have a valid complaint - just there is nothing I can do about it.
Believe me, WE would not have started the business of developing property if anyone KNEW what would start happening in 2007 to the market in general!!
Simon Allso
Yours,
Simon Allso
Simon Allso
simon@allso.net
could you please detail which part of my accusations are so rediculous and then give a reason why
I state that the 100% finance scheme was rediculous because BBTL had very little in the way of finance, other than the allocation queue and a £300,000 bank loan, even you stated that 24 million was needed for Vladaya / Petarch alone.
You are unable to explain the financial arrangements, you obviously had no special arrangements with banks, meaning a 30% deposit would have been required.
You are unable to explain how the finance was to be non status.
Many of the agents were telling clients that the finance was through developer finance ( lies )
The corporate tenants were non exsistant.
The timescales were the stuff of fantasies.
Simon Allso was the director, and a majority of the sales were made at the time of his directorship.
When I ask for explanations, the best you can do is say, we had substantial land, You still had to buy land for a further 500 houses Simon.
The pathetic attempt at Vladaya proves nothing. £2000,000 spent in my town could buy 10 houses.
Simon Allso misled investors and agents, promising that BBTL had sufficient land and finance, when they clearly didnt.
Steve Hodgson
Do you have an explanation as to why you were telling investors that Vladaya was completed at the end of 2006 ?
Steve Hodgson,
Do you have an explanation as to why you continued to sell the 100% finance scheme, despite having no evidence that Allso and Kohli had the resources to build the promised developments. With all the speculation, you had reason to at least insist on proof of funds etc.
Steve Hodgson ,
Do you have an explanation to why you told me that you received no commission from selling the 100% pyramid scheme. I know you made £5000 for putting me through this hell
Steve Hodgson,
You were telling me during 2007, that 'rich Indian investors ' were financing this scheme, knowing that this is lies, what have you done about it ?.
STeve Hodgson,
Tim Mannion clearly lied in March 2007 to the papers about BBTL being able to build 400 houses by the end of the year, what have you done about this ?
Steve Hodgson
You seem to believe that you helped your investors during 2007, when in fact all you did was support Kohli and Allso with their blatant lies. And as time has progressed , each BBTL promise has been exposed to be a lie.
Steve Hodgson
where is your backbone ?Dont you have the guts to stand by the large of amount of your investors that trusted your words, only to find out it was a pile of garbage ?
Steve Hodgson,
Why do you continue to live in silence, allowing Simon Allso and Anil Kohli to get away with this ?
Steve Hodgson
You are a loyal friend to Anil Kohli, he had you selling not one, but two scams. I presume that during late 2007/early 2008 it was Anil Kohli telling you about the 'rich Indians' financing the BBTL and pathways investments. I presume that you didnt make this up yourself ?
They had you telling clients in 2006 that Vladaya was nearly complete, well we presume thats what happened ?
Despite that , you overlooked this, and remained loyal friend to Kohli and Allso, you overlooked the media attention, you overlooked the faisco with the money being put into investors accounts within 4 months.
Yep, a loyal friend to Anil Kohli, even to this day. At time of purchasing these properties, you assured me there would be a big court case if this properties were not built.
So, Steve Hodgson, you overlooked the progress at Vladaya, you overlooked the non existance of tenants, the non existance of 100% finance and the lies about rich indians financing this scheme.
And to date STeve Hodgson, you have kept your mouth shut, ensuring that Anil Kohli will get away with two scams.
What a loyal friend you are Steve Hodgson, to Anil Kohli
This loyalty just cannot be brought ?
STeve ,
How did you come to the conclusion that BBTL could build 3 developments, of 600 houses in a year, after they failed to build one house in two years ?
Makes you wonder about what was going on with Robert Gavin aswell.
it was definitely like a scene from the emporers coat
Hello
I was recently in contact with Mr Allso. I run with two other partners a small company in the South East of England. Mr Allso and one or two other individuals were interested in helping our firm out of a difficult patch.
The advice given and the proposal offered by Mr Allso would have in our opinion destroyed our company but would have made Mr Allso a lot of money, we were initially interested but wisely performed some basic due-diligence inquiries and discovered just in time what a mistake we would be making.
We are considering taking legal action against Mr Allso so I am limited in the amount of information I can make public but I can assure you that now I am aware of this blog I will keep in regular contact.
I wish you all good luck in your battle with this most unpleasant and despicable individual.
Sunseeker
seems like there are many others that have the same opinion about you Allso.
THIS BLOG IS LIBEL
BULGARIA BTL (OOD) ARE SEEKING A COURT ORDER TO REMOVE THIS DEFAMATORY MATERIAL
YOU CAN PROVIDE INFORMATION ABOUT THE AUTHOR OF THIS MATERIAL TO SIMON@BULGARIABTL.COM
MANY THANKS
20 March 2007 07:03
hmmm, loads of threats Allso but three years and a half years later and the blog is still here.
sunseeker
please contact me with any information you have about Simon Allso. He has caused myself and my famiily so much pain, and I know that I am just one of his many victims.
into is only through the incompetancy of the police force and legal system that he is allowed to continue ripping families and small businesses off.
He triedsto bully people. I dont know why the agents that sold his pyramid scheme do not speak out on behalf of their clients, that were so badly misled by Simon allso and Anil Kohli
philg@cell113.fsnet.co.uk
By
Lisa Buckingham, Mail on Sunday Financial Editor
Last updated at 12:46 AM on 25th July 2010.
Simon Allso’s ‘advice’ often leads to many businesses going bankrupt.
These are treacherous times for smaller businesses. So I have been alarmed to learn that Simon Allso, a man who has been declared bankrupt, struck off as a director and served time for fraud, has once again been offering his ‘help’ to a number of struggling firms.There was a steel firm in Cornwall and a couple of electrical contractors in the Home Counties.
None exists any longer - their founders in a couple of cases ended up to their eyes and ears in debt. Allso’s record of ‘helping’ small companies frequently ends thus, as
readers of Financial Mail will know. To the best of my knowledge there
are about 40 or so firms that have ended their fight for life after
being ‘helped’ by Allso. To the eternal shame of the Department for Business - though I
do hope it is currently having a look into the goings on in these
latest cases - Allso appears to be able to move in on companies,
organise restructurings, gain access to bank accounts and see to it
that he is paid a handsome management fee. In many cases he quite clearly looks to be acting as a ’shadow’
director, illegal for a disbarred director. Yet so far no one has put a
stop to his tactics. More alarmingly, however, in the most recent cases
Allso has approached the ailing firms with his ‘employee’, John Gimson,
a qualified accountant whose profession has clearly given an air of
propriety to the whole affair.I asked Gimson about his decision
to become involved with a man of Allso’s questionable business history,
but he declined to speak to me. Most disturbingly of all, however, Allso was introduced to at least two of the companies by a professional intermediary, Turner Butler. This firm, which advertises widely in the Press and whose brochure is full of glowing testimonials from happy customers, claims to have a huge database to match willing buyers and sellers of businesses.
The brochure states: ‘The vast Turner Butler database is so flexible we use it for many different purposes including: identification of shareholders or companies within specific industries, validating companies’ and individuals’ details for due diligence or check for conflicts of interest…’
Solicitors for Turner Butler have assured me that it would be entirely wrong to interpret this as a claim to undertake due diligence.Sadly, the companies I have been speaking to did not benefit from this clarification and appeared to think that when Allso approached them about their businesses he carried the Turner Butler stamp of approval.
Though Allso has told me he was perfectly open about his ‘business background’ with Turner Butler, this, according to those looking to sell their companies, was not made clear. In one case, Allso’s chequered history came to light only because his former trustee in bankruptcy was advising the firm.
Now quite clearly setting up and running a company is not risk-free. But it is quite unacceptable that ‘professionals’ do not carry out sufficient due diligence and thereby allow their imprimatur of respectability to be used to hoodwink innocent business people.
And if substantial and high-profile introduction firms such as Turner Butler do not conduct thorough background checks on those they send out as potential buyers, they should make this absolutely plain.
By
Lisa Buckingham, Mail on Sunday Financial Editor
Last updated at 12:46 AM on 25th July 2010.
Simon Allso’s ‘advice’ often leads to many businesses going bankrupt.
These are treacherous times for smaller businesses. So I have been alarmed to learn that Simon Allso, a man who has been declared bankrupt, struck off as a director and served time for fraud, has once again been offering his ‘help’ to a number of struggling firms.There was a steel firm in Cornwall and a couple of electrical contractors in the Home Counties.
None exists any longer - their founders in a couple of cases ended up to their eyes and ears in debt. Allso’s record of ‘helping’ small companies frequently ends thus, as
readers of Financial Mail will know. To the best of my knowledge there
are about 40 or so firms that have ended their fight for life after
being ‘helped’ by Allso. To the eternal shame of the Department for Business - though I
do hope it is currently having a look into the goings on in these
latest cases - Allso appears to be able to move in on companies,
organise restructurings, gain access to bank accounts and see to it
that he is paid a handsome management fee. In many cases he quite clearly looks to be acting as a ’shadow’
director, illegal for a disbarred director. Yet so far no one has put a
stop to his tactics. More alarmingly, however, in the most recent cases
Allso has approached the ailing firms with his ‘employee’, John Gimson,
a qualified accountant whose profession has clearly given an air of
propriety to the whole affair.I asked Gimson about his decision
to become involved with a man of Allso’s questionable business history,
but he declined to speak to me.
PAST TWO.
Most disturbingly of all, however, Allso was introduced to at least two of the companies by a professional intermediary, Turner Butler. This firm, which advertises widely in the Press and whose brochure is full of glowing testimonials from happy customers, claims to have a huge database to match willing buyers and sellers of businesses.
The brochure states: ‘The vast Turner Butler database is so flexible we use it for many different purposes including: identification of shareholders or companies within specific industries, validating companies’ and individuals’ details for due diligence or check for conflicts of interest…’
Solicitors for Turner Butler have assured me that it would be entirely wrong to interpret this as a claim to undertake due diligence.Sadly, the companies I have been speaking to did not benefit from this clarification and appeared to think that when Allso approached them about their businesses he carried the Turner Butler stamp of approval.
Though Allso has told me he was perfectly open about his ‘business background’ with Turner Butler, this, according to those looking to sell their companies, was not made clear. In one case, Allso’s chequered history came to light only because his former trustee in bankruptcy was advising the firm.
Now quite clearly setting up and running a company is not risk-free. But it is quite unacceptable that ‘professionals’ do not carry out sufficient due diligence and thereby allow their imprimatur of respectability to be used to hoodwink innocent business people.
And if substantial and high-profile introduction firms such as Turner Butler do not conduct thorough background checks on those they send out as potential buyers, they should make this absolutely plain.
Simon Allso is currently trying to clear the internet of negative references about him. This will free him up to 'help' even more businesses.
We cannot allow this to happen, having Simon Allso enter your life is comparable to getting herpes.
If you are a business, an individual or a family that has suffered at the hands of Simon Allso, been lied to by him, lost money to him, lost your business or maybe made a lucky escape,
I would urge you to talk to Lisa Buckingham at the mail on sunday .
Simon Allso says he is a legitimate business man. I wonder if he actually believes this ?
Should we pity him ?. I admit, it is difficult to pity a man that brings so much unhappiness to so many lives.
And yet, with the collapse of so many companies, with so many people writing negative comments about him, it would appear, in his mind, he is a successful businessman, only hindered by unforeseen circumstances.
Apprantly Simon couldnt foresee that you need land, money and building permission to builds lots of houses, instead he clung to the misguided belief that he could build 10 houses a week, in Bulgaria, with little money, using cheap eastern block labour, while siphoning money to his friend's family's accounts, how deranged is that ?Bordering insanity.
Now simon thinks that by spending enough money, and by bullying people, he can rewrite history.
Perhaps this is a medical condition ?, an number of the agents did express this, and were hoping that Anil Kohli at least had some integrity.... oh dear, I think the years of whiskey and smoking has taken its toll
I am just wondering why Alan Forsyth, Robert Gavin , Tim Mannion , Steve Hogson do not speak out ? What hold does exactly threatening to look at. He is like a little yappy jack russel.
I think they are just so embarrassed to have dealt with such a man and are hoping to sweep it under the carpet.
Robert Gavin admits he didnt do quite enough due diligence, I wonder if he did any. I know I am guilty of not doing enough due diligence into Steve Hodgson.
You are so full of rubbish Phil & Co!!
And from such a credible and totally believable source - who seems to know it all
There is Phil the fraudster
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.html
AND of course infamous
and 'professional' person 'Passenger' - the one with no name
Then we have another 'no name' now - Sunseeker - who are ALL probably the very same Phil George the fraudster no doubt trying to make it look like he has support!!
Who next? Maybe Rainmaker - sounds a good name and just as believable!!
In hundreds of deals a few have gone wrong over 25 years - of course they have - it is the law of odds Phil when buying businesses that are ALREADY bust before they ask me to buy them.
Trouble is that ONLY the deals that go wrong are published!! The same as you Phil are exposed as a fraudster and will be known as that from now on - yet probably you have done many good things in life.
Such is the Internet and the Press
Fortunately the more that is written the less people believe because they view such harassment and lies as just that
You are amusing at least
Have a great weekend and enjoy your blogs
Really Simon
so please explain again how you were going to build 600 houses in a year with building permission for 23 houses and a bank loan for 300,000.
you keep calling me a fraudster unfortunately does not bring comfort to the people that trusted BBTL with their hard earned money.
You have yet to come out with a plausible business plan for the BBTL fiasco.
Build 10 houses a week, could you not look at vladaya and realise what a mad statement that was. could you not look at any building development in the world and determine that this was the stuff of fantasies.
All the previous correspondance from BBTL stated that Vladaya and Petarch were to be built at the same time , you were copied on it. and yet you now say that 10 houses were to be built a week.
contradictions and lies everywhere.
I honestly have no idea who the latest bloggers are.
It is actually quite common for people not to use their real name on a forum.
The first time I spoke to you Simon you told me that one hundred houses would be built in one hundred days, I had an email in front of me stating that building work would not start for months at Vladaya.
your excuse," but we want to build one hundred properties". You have trouble distinguishing between fantasy and reality, thats why you keep making the same mistakes.
I knew then what sort of person you were, and my subsequent dealings have reinforced this.
Simon
Any idea why Steve Hodgson was telling clients that Vladaya was nearly finished.
Do you think I should take legal action against him. I noticed that he also told us that ski chalets were to be built on 100% finance scheme.
was the concept of building 500 houses in 2006 and 1500 houses in 2007/2008 not enough of a challange for you.
Did you think with the money from the 100% finance scheme and your 300 grand bank loan was enough ?
or are you innocent and all the agents, Steve Hodgson, Robert Gavin and Alan Forsyth the guilty parties ?
Enoy your weekend Simon
any more businesses to help out ?
Allso
Got the balls to face me yet ?
Lets see if there is any substance to the man that likes to threaten people
Dou you still feel macho threatening people that you have robbed with court action, knowing they cannot afford to defend themselves.
a little yappy jack russel
we are still waiting for an explanation about BBTL, 200 investors are waiting simon.
you were the registered director.
you defended your timescales
You ARE a fraudster Phil which is why I keep saying it
You LIED and CHEATED to get a mortgage by DECEPTION so you could make money
You admit it all too!!
Why should ANYONE take notice of you?
This is the future for you Phil, to be known as a liar, cheat and greedy fraudster
So pot, kettle, black and all that springs to mind.
Anyway, be a good little boy now and be quiet for a while as it is boring after time and the weekend is here!!
Simon
what about the other 199 investors, is this how you excuse your actions. maybe one of the investors has a speeding ticket, maybe one tried to buy a property with a deposit borrowed from their parents, maybe one got drunk once, maybe one even went onto a forum and didnt give their real name
I am sure in your twisted mind you can find reasons to rip off all two hundred investors
remind me again about how the scheme was going to be financed with such little capital, oh yes , I remember, the bank didnt need a deposit
As I said , 2007 wasnt a good year. The courts recognise the differnce between a person that makes a mistake, they take circumstances into account.
As the judge pointed out, you are not a man that made a mistake, you are a man that sets up companies as vehicles for fraud.
Unfortunately, Adrian Needlestone, Like Steve Hodgson, lied about the avialabilty of finance.
notic you are quite brave writing posts, but you havent got the balls to meet me in person
now run along now simple simon.was you picked on at school, was it accepted that you would end up in the circus ?
By the way simon, I think you should expect some more emails from Robert Gavin, I think he is feeling a bit pressured at the moment.
You know he is really embarrassed to have done business with you, all the agents are trying to distant themselves from the madman in andover
By the way simon, I think you should expect some more emails from Robert Gavin, I think he is feeling a bit pressured at the moment.
You know he is really embarrassed to have done business with you, all the agents are trying to distant themselves from the madman in andover
Do you think that readers are thick simon,
I am not the only person that has noticed that you cannot put together a business plan of how the 100% finance scheme was to work.
The information regarding the transfer of money from the allocation queue to the accounts of the families and colleagues of Kohli and Allso is on public record.
Do you think investors are more concerned about my dealing with adrian needlestone, or how their money was spent ?
They were promised 100% finance and all they got was a pile of BS.
You cannot put a coherent explanation together and so instead focus on attacking the people that share their experiences with Allso.
I think you under estimate the intelligence of the investors, and greatly over estimate your intelligence.
Simon ,
vladaya consists of 23 houses
can you get anything right?
Phil
You are becoming a lone fraudster voice! I don't see 199 'other' people on here - just you with a few different 'no name' comments
For example, Vladaya was / is owned in MORE THAT ONE PIECE OF LAND and is NOT just 23 houses. I also Did WIN the Appeal you publish the link to. It made case law as a first which is why it is published!! Get glasses if you cannot read that the Appeal is granted in my favour.
You really have no idea of what you are talking about and people have I am sure seen you for the fool you are
You have been visited and warned by the Police not to harass me otherwise you will be arrested and charged under the Harassment Act 1997
I don't want you to get in that position whatever rubbish you spout - so do yourself a favour for once and just get on with something useful in life like everyone else has done long ago
So take a chill pill and have a relaxed weekend
If you cared about my well being simon , you would have returned my money three years ago, knowing that you and Hodgson had stolen it.
The police are well aware of my campaign against you and they dont care simon.
when you come onto a blog set up for the victims of your disgusting company, you should not expect a warm welcome/
Phil
Don't you get it?
I have done nothing illegal
I have never had anything PERSONALLY to do with 'your money' and have never even been a signatory on a Bank Account to even be in a position to 'return' funds to anyone!!
IF you continue, further complaint will be made to the Police as your are STILL Harassing me PERSONALLY and not demanding money back from the COMPANY who you paid it to that I have had nothing to do with since 2007
How many more times until you get that SIMPLE fact
You set up the company Simon
Do you understand , you simon,
money was transferred from buybulgaria and distributed amongst your friends and colleagues.
when you left company in 2007 it was doomed, hundreds of houses to build and very little money
http://www.mybulgaria.info/modules.php?name=Forums&file=viewtopic&t=19894&postdays=0&postorder=asc&start=14&sid=62a3e8e285bc75c149bc49e3769271e1
So Simon
I can see in the post on March 12th, It looks like your post, you talk about starting one house a day.
about 12 properties were started in a year, you seem to have trouble distinguishing between a day and a month.
one house a month simon, not quite enough to fulfill the 600 house quota
You later explained that it would take 16 months to go from allocation queue to property
and then later stated you could build 10 in a week !!!
this information was not coming from 'the company'
it was coming from you, simon allso, the destroyer of businesses, the man who decisions regularly cause you, or your wife to profit and businesses end up in the bankruptcy courts.
Your decisions simon, the distasterous decisions made by simon allso
You truly have 'lost the plot' Phil publishing a Statement from BBTL
The link you put up is anyway a CLOSED and blocked Blog in March 2007
All the facts in it are correct AT THE TIME IT WAS WRITTEN as it was a Statement from BBTL
You are a lone mad voice I'm afraid seeing wrongdoing where there is none
The ONLY monies I received from BBTL were EXPENSES - not even a salary at all in two and a half years.
That is why the DTI found nothing wrong Phil because there is nothing wrong except in your lone head
Lets hope you don't persuade anyone else to get into the same state of near arrest as you through this nonsense
Anyway, Friday evening so enjoy posting to yourself for the weekend as I'm off to enjoy it now!!
The DTI closed down Buybulgia in the interest of the british public. They did not persue the matter further because the main company is in bulgaria.
If they would have carried out any investigation, it would have shown that nothing about the 100% scheme was plausible
I notice that everytime you lie, you write it in capitals, at the time BBTL had been at Vladaya for at least 6 months,
I was a lone voice when I was telling Mannion, Hodgson and the other agents that this was a BS scheme, I was proved right.
Your arrest threats are a joke. I am continue to post, and as Long as I dont describe you as a , well you know, I am OK
It is your choice to come on this forum , I am not harassing you.
Still waiting to hear a plausible business plan for 100% finance scheme.
come on simon,
please explain, give us the business plan that you used to give to the banks, you know, the banks that you say put by 70 million.
Phil
You are quite right the DTI closed down TIM MANNION's company and NOT BBTL or anything to do with ME PERSONALLY
The DTI certainly DID investigate MY involvement but there was nothing I did illegally
MY business activity is 100% legal and checked and double checked by lawyers BEFORE I do anything new to make sure
I have no control what others do and the choices they make and take no responsibility for others actions
You confuse ME PERSONALLY with the company and it's Agents.
Your complaint is against thecompanyand/ orit's Agents and not ME PERSONALLY - ANYLawyerwill tell you that
You are a fool - the above is exactly the point - I have done nothing illegal whatsoever so you must stop saying I have
You know I have done nothing illegal yet you persist in this stupid and futile defamation and harassment
I WILL stop you continuing with these lies against me if you continue this - by using the various laws available to stop you - as is my right
Simon
please give details of the lawyer that checked and double checked your actions.
Please give details of when the DTI checked out the actions of BBTL. Please give evidence of how they believe that you can offer 100% finance to 200 investors , needing a total of what, 75 million, if you only have £300,000 bank loan
tell me, in May 2007, when YOU, SIMON ALLSO defended the time scales, how BBTL commitments were to be achieved, taking into account finance, the purchase of land, selling of houses, staff costs, etc.
You cannot do it, because it was a pyramid scheme.
As you cannot come up with a plausible business plan , you make up stuff.
I shall approach Alex and ask if he was the lawyer that checked, and double checked everything you did, I have a feeling he will say no.
Will it be like your advisors, a figment of your imagination, created to try and justify your incompetance as a manager.
Do you feel by setting up companies, you can lie and cheat under the name of the company and are no longer responsible for your actions
You are not even man enough to stand by your own decisions,
You are a complete coward, that hides behind your catalogue of errors by hiding behind the BBTL name
It was you simon that dreamed up the 100% finance scheme. Either the agents were misled into believing your lies about the 100% finance scheme or they were in on it.
simon,
do you feel that if you scream and shout enough then people have to believe what you say.
you were telling us that looking at Vladaya in 2007 proved that BBTL was on track to build hundreds of properties by the end of the year.
You must have been looking at a different developmment, because all I saw was a sorry excuse for a building site, that was well behind schedule..
You come up with statements such as if you cannot see that , there must be something wrong with your eyse, no simon, there is something wrong with your brain, You confuse your fantasies of being a big succesful property builder with the reality of being a small time asset stripper.
Simon
Do you have the balls to face me yet?
Simon
when you told mrs waring to put money into your account , was this 'legitimate expenses'
tell me about in a flap, the buzwell group, strurmen archer,
this is just the tip of the iceburg.
I notice how nobody will openly support you.
Do you know that Robert Gavin, Steve Hodgson, Chris Dunkerly, Tim Mannion, Alan Forsyth are all embarrassed to have done business with you.
Not one of them will support your business plan. Thy are embarrassed to have not looked into the 100% more thoroughly.
They would have found NO CORPORATE TENANTS, LITTLE FINANCE AND A DIRECTOR THAT CHANGED HIS FORECASTS TO SUIT THE OCCASION - A PYRAMID SCHEME. The timescales were the fantasies of a deranged director.
Go on Simon, get one of your former agents to openly support your business plan,
it will not happen. They are trying to distant themselves from the man only capable of being an asset stripper
It is most interesting to note that Mr Allso is accusing someone of being a fraudster and a liar, this is a crucial insight into this man's (I use the term loosely) personality.
Mr Allso is a convicted fraudster, he has spent time in prison for fraud, he is it appears also a professional liar and has been described as being morally bankrupt a term that suits him well and yet he is happy to accuse someone of a similar offence and attempts to take the moral high ground, (and fails miserably) this person has real issues that need to be addressed by a mental health expert, he really is quite sick.
Mr Allso the internet is a self propagating enterty, you will never remove all the negative reports, comments, opinions and facts about you. I understand a national newspaper is, as we speak putting together a major article about your past and current business dealings, it should make interesting reading.
I understand that (for reasons I can not divulge publicly) why you are so desperate to stop or remove any negative publicity about you, sorry old chap but you can not and will not stop the machine, you brought yourself into the public domain and that's where you will stay, every move you make will be documented for all to see, it is a sort of penance Mr Allso, a never ending process and remember you started it all.
I would suggest you run off and spend some of you hard earned CASH, sorry did I say hard earned, my mistake and get some Psychiatric help, you REALY NEED IT.
I look forward to the coming few month Mr Allso, good luck with your latest business, this one could send you back you jail quicker than your little mind could imagine. Have a coffee and a rest old boy before the fun starts.
Remember, these are my own opinions and I urge you to do your own research into Mr Allso and to form your own opinions.
It is most interesting to note that Mr Allso is accusing someone of being a fraudster and a liar, this is a crucial insight into this man's (I use the term loosely) personality.
Mr Allso is a convicted fraudster, he has spent time in prison for fraud, he is it appears also a professional liar and has been described as being morally bankrupt a term that suits him well and yet he is happy to accuse someone of a similar offence and attempts to take the moral high ground, (and fails miserably) this person has real issues that need to be addressed by a mental health expert, he really is quite sick.
Mr Allso the internet is a self propagating enterty, you will never remove all the negative reports, comments, opinions and facts about you. I understand a national newspaper is, as we speak putting together a major article about your past and current business dealings, it should make interesting reading.
I understand that (for reasons I can not divulge publicly) why you are so desperate to stop or remove any negative publicity about you, sorry old chap but you can not and will not stop the machine, you brought yourself into the public domain and that's where you will stay, every move you make will be documented for all to see, it is a sort of penance Mr Allso, a never ending process and remember you started it all.
I would suggest you run off and spend some of you hard earned CASH, sorry did I say hard earned, my mistake and get some Psychiatric help, you REALY NEED IT.
I look forward to the coming few month Mr Allso, good luck with your latest business, this one could send you back you jail quicker than your little mind could imagine. Have a coffee and a rest old boy before the fun starts.
Remember, these are my own opinions and I urge you to do your own research into Mr Allso and to form your own opinions.
Your very brave writing these posts and threating people with no money to defend themselves in a court of law.
Does it make you feel big and tough ?
I see that you have been unsuccesful in removing defamatory material from this blog.
Your life seems to have been plagued by failed projects. Not suprising from a man that GUARANTESS 100% finance to 200 people without a clue on how he is to finance the project.
Unable to argue with my reasoning, are you simple simon, so instead just put the same post again, and just reinforce what a disgusting little man you really are.
How do you feel about the guy that committed suicide after you ruined his company.
How do you think that mans family feel about you.
After losing tens of thousands I think I deserve an explanation about the state of BBTL when you left it.
We can then decide if it was you that lied or perhaps you can decide that maybe it was Anil Kohli that took a company, that you say was successful and drove it into bankruptcy.
FRom all the correspondance leading upto your sad demise in June 2007, according to Simon allso, the only problem in building 600 houses was a 4 month delay.
and yet a few months after your heart attack, building work had stopped and Anil Kohli was using Pathyway money to pay BBTL debts.
So what Happened ?
Mr Allso as you are aware I have asked you on several occasions to clarify a statement you made regarding the removal and subsequent legal action taken against certain websites and contributors, you failed to respond.
Again I will ask you to tell me the names of these sites the courts the cases were held in and the sums of money recovered as well as costs. Failure to substantiate your claims will be interpreted as a you telling yet more lies and attempting to intimidate the contributors of this blog. If that is the case then I suggest a call to the police to report you for intimidation, you must understand Mr Allso the seriousness of this matter and it is my duty to make a complaint against you if I suspect you of trying to intimidate anyone contributing an opinion.
I don't this Mr Allso likes this posting......
It is most interesting to note that Mr Allso is accusing someone of being a fraudster and a liar, this is a crucial insight into this man's (I use the term loosely) personality. Mr Allso is a convicted fraudster, he has spent time in prison for fraud, he is it appears also a professional liar and has been described as being morally bankrupt a term that suits him well and yet he is happy to accuse someone of a similar offence and attempts to take the moral high ground, (and fails miserably) this person has real issues that need to be addressed by a mental health expert, he really is quite sick. Mr Allso the internet is a self propagating enterty, you will never remove all the negative reports, comments, opinions and facts about you. I understand a national newspaper is, as we speak putting together a major article about your past and current business dealings, it should make interesting reading. I understand that (for reasons I can not divulge publicly) why you are so desperate to stop or remove any negative publicity about you, sorry old chap but you can not and will not stop the machine, you brought yourself into the public domain and that's where you will stay, every move you make will be documented for all to see, it is a sort of penance Mr Allso, a never ending process and remember you started it all. I would suggest you run off and spend some of you hard earned CASH, sorry did I say hard earned, my mistake and get some Psychiatric help, you REALY NEED IT. I look forward to the coming few month Mr Allso, good luck with your latest business, this one could send you back you jail quicker than your little mind could imagine. Have a coffee and a rest old boy before the fun starts. Remember, these are my own opinions and I urge you to do your own research into Mr Allso and to form your own opinions.
Well ladies and Gentleman I think we have our proof. Mr Allso it appears war lying when he attempted to intimidate the contributors of this site by telling us stories of legal action an damages and costs and all the usual nonsense to emanate from the limited imagination of this peculiar person.
We are now in a position to make a complaint against Mr Allso to the police.
I wonder why Mr Allso does not want you to read this posting???
It is most interesting to note that Mr Allso is accusing someone of being a fraudster and a liar, this is a crucial insight into this man's (I use the term loosely) personality. Mr Allso is a convicted fraudster, he has spent time in prison for fraud, he is it appears also a professional liar and has been described as being morally bankrupt a term that suits him well and yet he is happy to accuse someone of a similar offence and attempts to take the moral high ground, (and fails miserably) this person has real issues that need to be addressed by a mental health expert, he really is quite sick.
Mr Allso the internet is a self propagating enterty, you will never remove all the negative reports, comments, opinions and facts about you. I understand a national newspaper is, as we speak putting together a major article about your past and current business dealings, it should make interesting reading.
I understand that (for reasons I can not divulge publicly) why you are so desperate to stop or remove any negative publicity about you, sorry old chap but you can not and will not stop the machine, you brought yourself into the public domain and that's where you will stay, every move you make will be documented for all to see, it is a sort of penance Mr Allso, a never ending process and remember you started it all.
I would suggest you run off and spend some of you hard earned CASH, sorry did I say hard earned, my mistake and get some Psychiatric help, you REALY NEED IT.
I look forward to the coming few month Mr Allso, good luck with your latest business, this one could send you back you jail quicker than your little mind could imagine. Have a coffee and a rest old boy before the fun starts.
Remember, these are my own opinions and I urge you to do your own research into Mr Allso and to form your own opinions.
Simon quoted
I also Did WIN the Appeal you publish the link to. It made case law as a first which is why it is published!! Get glasses if you cannot read that the Appeal is granted in my favour.
Please enlighten us simon with this appeal that you won that made case law ?
I see that you are trying to take the papers to the press complaints. I bet they would love to find evidence of you being a simpleton , unable to put together a business plan , intent on trying to undermine those that speak out against you.
You dont act like a director, you act like a small spoilt child.
No doubt the mail on sunday would like to thankyou for showing us what a vindictive fool you really are.
Thanks again Simon,
Your input has been invaluable.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally with credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
Mr Allso can make a complaint to Press Complaints Authority that is his legal right but I can assure you he does not have a case. What can he claim, that it has had a detrimental effect on his reputation, that is in tatters thanks to his business dealings, time in prison convictions for fraud and for being banned from being a director of a limited company.
Or that the story contained inaccuracies or fabrications, again not likely is it, I note with interest the posting on this blog from Sunseeker, they seemed to echo the story recent published my the Sunday Mail regarding Allso's latest business failings. Again the chances of this being inaccurate are slight, it a little like his boast/threat on this blog regarding taking people to court, just more lies.
I am signing out, I have to go to work, and try and fix some aircraft systems and try and recoup some of my life savings and repay off a huge debt.... thanks Steve Hodgson and Adrian Needlestone for your promise of 100% finance, really lovely of you.
I had hoping to be with my children now in the UK, but at least I know that Mrs Allso had some capital to start up her company.
Imagine simon being an aircraft technician, the seas would be littered with aircraft.
Out of interest does the following sound familiar.
Narcissistic personality.
This involves grandiosity. Affected people have an exaggerated sense of superiority and expect to be treated with deference. Their relationships are characterised by a need to be admired, and they are extremely sensitive to criticism, failure, or defeat. When confronted with a failure to fulfil their high opinion of themselves, they can become enraged or seriously depressed and suicidal. They often believe other people envy them. They may exploit others because they think their superiority justifies it.
I think the above proves my point, this is not a rational, well person, rather we are dealing with a disturbed individual who might actually believe they have done nothing wrong and it is you, his victims that are at fault.
Just to balance situation.
I need some coffee after reading that. How about you Simon.
Hmm me thinks we are dealing with an idiot.
Have fun oh so simple simon.
Anyone going to the Southampton boat show this year??
I wonder why Mr Allso does not want you to read this posting?
It is most interesting to note that Mr Allso is accusing someone of being a fraudster and a liar, this is a crucial insight into this man's (I use the term loosely) personality. Mr Allso is a convicted fraudster, he has spent time in prison for fraud, he is it appears also a professional liar and has been described as being morally bankrupt a term that suits him well and yet he is happy to accuse someone of a similar offence and attempts to take the moral high ground, (and fails miserably) this person has real issues that need to be addressed by a mental health expert, he really is quite sick.
Mr Allso the internet is a self propagating enterty, you will never remove all the negative reports, comments, opinions and facts about you. I understand a national newspaper is, as we speak putting together a major article about your past and current business dealings, it should make interesting reading.
I understand that (for reasons I can not divulge publicly) why you are so desperate to stop or remove any negative publicity about you, sorry old chap but you can not and will not stop the machine, you brought yourself into the public domain and that's where you will stay, every move you make will be documented for all to see, it is a sort of penance Mr Allso, a never ending process and remember you started it all.
I would suggest you run off and spend some of you hard earned CASH, sorry did I say hard earned, my mistake and get some Psychiatric help, you REALY NEED IT.
I look forward to the coming few month Mr Allso, good luck with your latest business, this one could send you back you jail quicker than your little mind could imagine.
Have a coffee and a rest old boy before the fun starts. Remember, these are my own opinions and I urge you to do your own research into Mr Allso and to form your own opinions.
It is important to realise that Mr Allso is feeling threatened. I suggest that he has so badly damaged his own reputation that the last thing he needs is people discussing and therefore propagating his not so wholesome image to the world.
As I have stated before Mr Allso has a new venture and in order for it to succeed it requires his past and peoples opinions of him to disappear. He can not afford potential victims to discover his true status, after all would you invest with this man after discovering the truth about him, NO.
So I suggest you/we use this to our advantage we understand his weakness not lets go out there and tell as many people as we can about Simon Allso.
Of course these are just my opinions and I urge you all to discover the truth for yourselves.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally with credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
simon,
YOu post that same article again, I will take it that you do not want to sort this out via writing and you WANT TO SEE ME IN PERSON.
NOw , lets get this straight, I am nothing like you. first , I was promised a house and 100% finance in Bulgaria, this was a pile of BS that was supported by simon Allso's company website. You defended the actions of your company.,
So lets so back in time, I find out in march that my life savings has been given to two disgusting parasites, I had been promised about £25000 back, but like all BBTL other promises, a pile of BS.
I then have days to get a mortgage for the property in Manchester, I get a phone call from Needlstone tealling me that I have days to agree to a mortgage, of lose £18000 deposit and incur costs.
That does not make me the same as a little parasite that constantly preys on others, bullying them and lying.
I now have a property worth £175000 less than I paid, a worthless buyback that I paid £8000 for massive debts, and also owed £10,000 by Needlestone in rent
Now Allso, I am losing my house and I am losing my patience with you,
now, for the last time, tell me how BBTL were to provide me with 100% finance and a house within 12 months.
dont hide behind the company name or blame others, they were selling your product, a product supported by your company website.
You tried to mislead me with timescales, finance corporate tenants etc
I dont call build 10, refinance a business plan. Now give me an explanation, or I will assume that , like the buzwell group and your other companies, BBTL was a vehicle for fraud.
I can prove everything I say, can you Allso, can you prove any financial arrangement with banks for the buiding of properties, can you prove corporate tenants, can you justify the timescales you so strongly defended, can you then justify your timescales with regard to the press release you did in June 2007, in which you only talked about building Vladaya and Petarch, which, by your own admittance, required an investment of 24 million. Can you prove the existance of advisors that you say you appointed last year. You came onto a forum before threatening us because you denied being imprisoned for fraud.
You seem to have a total disregard for the facts and instead live in your own fantasy world, which you then bully and antagonise people when they dont accept your BS version of events.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally with credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
so you do want to see me in person
simon
please tell us how you were going to finance the building of houses in Bulgaria, without a 30% deposit ?
I have informed the hampshire police about how Simon Allso has come onto OUR forum, threatening and goading us, which is just harassment.
I am not sure what sort of welcome he was expecting. If you read through his posts you will see that he just tries to goad and put down the people that have suffered at the hands of his company
For a legitimate business man this would be the perfect platform to put forward reasoned explanations to why 200 investors lost 1.5 million. He cannot do this, knowing that his so called business plan would be ripped to shreds.
When we handed our money over to BBTL, we had no chance of ever seeing it back.
Not content with taking our money, he now tries to impose his thinking on us with his snide comments and lies.
simon Allso
I ask that you no longer come on to our forum with your legal threats and lies.
You goad and try to humiliate the people that have lost thousands to your company
myself, tens of thousands. This is harassment.
Your 100% finance scheme was built on a web of lies , there was no finance, not enough land, no corporate tenants
and the timescales and other estimates were just fantasy , nothing about your scheme was rational.
If you can justify any of the BBTL promises, or timescales, or inconsistancies , then I suggest you do it now
Your excuse about building 10 houses in a week just sums up what sort of person you are.
I know that you will try to verbally attack me in defence, but I am only one of two hundred investors that was lied to
by you and the agents that sold this pyramid scheme. You are the main instigator behind this scheme
and you have strongly defended every promise etc every step of the way. and now you hide behind
the name of your company, All this was done at your time of being a director. You left a virtually pennyless company
with 200 investors still promised 100% finance and property within 12 months. The company you left was unsalvagable.
You have yet to reveal exactly what finance was left, like everything else, you try to hide the facts.
it is sickening
Phil.
write purely in reply to your e-mail to me as you state that you have made formal complaint to Hampshire Police about me harassing you now.
I am simply stating on forums in reply (with a standard format reply now so it is clear) to comments made by you against me and comments from you that are attacking me personally that I am have not been involved with the company since 2007 (which even you acknowledge and accept) and that what you say is untrue as well as the true details of your own background to balance opinion.
Your complaint is (and always has been) with the company and not me personally. I have not been able to address your problem with the company since 2007. You are well aware of that yet continue to harass and threaten me personally.
There are no 'threats' from me as you state save that I will take legal action against you to stop this. You leave little choice.
It is in fact, despite being warned not to harass me further, threaten to 'come round and see me', as per your posting below. I do not have to put up with such threats and will not. These are both criminal and / or civil matters under the Harassment Act and Telecommunications Act. Below is just two examples yesterday of how you totally ignore the authorities and have no regard for the law.
I address this to the agents of BBTL and the solicitor
are anyone of you willing to stand by Simon Allso and in his 100% finance scheme
now knowing the facts, are any of you willing to offer evidence that the 100% finance scheme was anything but a pyramid scheme
Have any of you, ever heard a reasonable explanation of how BBTL were to build that many houses within the timescales
(issued and defended by Simon Allso ).
Have any of you ever seen evidence that BBTL could offer 100% finance at anytime during 2005 - 2007.
Can any of you argue with the fact, that the damage was done during Simon Allsos time as director and the company
was on the verge of bankruptcy at the time of his 'heart attack'
We know that Anil Kohli definitely played a part in this, he misled me with promises of money, even up to a month before
having his assets seized.
But I stand by , that Simon Allso was the driving force and should be held accountable for the long list of 'inconsistancies
was there anyone that played a major part in this deception ?
I address this to the agents of BBTL and the solicitor
are anyone of you willing to stand by Simon Allso and in his 100% finance scheme
now knowing the facts, are any of you willing to offer evidence that the 100% finance scheme was anything but a pyramid scheme
Have any of you, ever heard a reasonable explanation of how BBTL were to build that many houses within the timescales
(issued and defended by Simon Allso ).
Have any of you ever seen evidence that BBTL could offer 100% finance at anytime during 2005 - 2007.
Can any of you argue with the fact, that the damage was done during Simon Allsos time as director and the company
was on the verge of bankruptcy at the time of his 'heart attack'
We know that Anil Kohli definitely played a part in this, he misled me with promises of money, even up to a month before
having his assets seized.
But I stand by , that Simon Allso was the driving force and should be held accountable for the long list of 'inconsistancies
was there anyone that played a major part in this deception ?
Your further hassament will no longer be tolerated and a report to the police will be made every time you contribute on this site. You lie constantly, you claim to have taken people to court for posting comments on websites, more lies, you claim to have had a heart attack, more lies, in fact everything you say it appears is a lie.
What kind of person do you think you are Mr Allso, do you think you are clever, honest, decent, law abiding a model citizen, or are you an ex con, convicted fraudster, banned from being a company director a person with a criminal background that tries to intimidate his victims into silence.
I write this demand that Simon Allso leave this blog, his actions and motives can only be interpreted as intimidating and threatening. It is obvious to all that his motive in posting on this site and others is an attempt to coerce people into silence through the use of threats and intimidation, this is an offence and must be reported to the police.
Mr Allso, people are entitled (under law) to express opinions, they are entitled to be angry and to try to motivate others into peaceful protest and legal action, this is a basic and fundamental human right. You have no right to try to stop people from expressing themselves.
It would be sensible if you stopped contributing on this and other forums considering your motives and the reactions you deliberately provoke from others. Not only are people angry but your continued humiliation of your victims and harassment causes further distress, that of course is your intention.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally with credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime
What a load of nonsense this is that has just arrived clogging up my inbox
The same comment time and time again
Surely it is better just to take legal action if there is a case?
It appears Mr Allso is just to stupid to understand, he does not get it does he. Well report to the Police just made, I suspect there will be others.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
I do not understand why you people are / have not taken action against BBTL if you could or Simon Allso for that matter
Is there a claim or not?
It seems no one has even made a claim in all this time? Why?
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime
Please be aware person posting as John is Simon Allso
I write this demand that Simon Allso leave this blog, his actions and motives can only be interpreted as intimidating and threatening. It is obvious to all that his motive in posting on this site and others is an attempt to coerce people into silence through the use of threats and intimidation, this is an offence and must be reported to the police.
Mr Allso, people are entitled (under law) to express opinions, they are entitled to be angry and to try to motivate others into peaceful protest and legal action, this is a basic and fundamental human right. You have no right to try to stop people from expressing themselves.
It would be sensible if you stopped contributing on this and other forums considering your motives and the reactions you deliberately provoke from others. Not only are people angry but your continued humiliation of your victims and harassment causes further distress, that of course is your intention...
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime
Doesn't actually seem too many people are writing on this Blog anymore?
They must have all got bored I presume
I would not count on that Mr Allso/John
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime
I wont work Mr Allso/John, people will keep posting and people will read all the posts, you can not hide other posts by repeatedly posting the same infantile message. Grow up and act your age. People will never stop reading facts about you.
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
I am moving the blog, simon wont be able to sabotage this one.
and we can give people who google his name the facts, I will make sure it dominates the search engines
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime
.................NEWS FLASH..................
I have been informed that Mr Allso is in receipt of income support and incapacity/sickness benefits, how can this be!!.
This really does need more investigation. I am off home now, more soon.
All I can do is laugh!!
These posts get more and more bizarre in their content from you guys!! I thought you said I was worth loads of money and now you say I'm skint!!
So amusing
However it is quite interesting to type philg93yrt into Google
A whole new insight into Phil and his 'Passenger' (Sunseeker went away) with all his contacts!!
But I did think this Blog was moving?? To Yahoo maybe??
I thought that would flush you out...
It's just amusing Phil!!
I am here all the time (well when I am not having fun anyway)
Seems you had some problems with this deal too judging by your postings
http://www.eyeonworldwide.com/forum/comments.php?DiscussionID=5214
Even more Phil problems!!
http://businessopportunityphil.blogspot.com/2009/11/business-from-home-opportunitcy.html
I think Mr Allso is seeing imaginary shapes in the shadows, do you trust everyone you know Mr Allso. Are your friends who they say they are, would you trust your wife with a secret or your money. Has a friend of yours turned against you. You don't have a clue do you?
Even your friends disapprove of you, but who is it?
Phil
I will lose SO much sleep - not!!
Just hury up and move this Blog as you said so we can start again
Tea time now so have fun!!
Phil George and Anonymous postings by Phil
This is so boring now going over and over the same ground that I have developed this stock reply to you which will be published
I left the company THREE YEARS AGO and cannot help you
You need to stop defaming and harassing me personally and if you have valid complaint about the company take it up with the company in law
In any event you are a fraudster and liar in your own admission obtaining mortgages by deception just to make money and are totally without credibility to criticise anyone
http://www.dailymail.co.uk/money/article-1197541/I-didnt-think-I-committing-crime.
I have a theory that Mr Allso is away on holiday and has employed a 5 year old child to post on his behalf..
You believe I had problems with that deal, you are quite the detective Mr Allso, patting yourself on the back, thinking what a clever little allso, I suppose trying to find something to be proud of is not easy in your life.
You keep posting the same post which is refering to the deal in question, in manchester. .
I shouldnt get to excited about this discovery. You only had to read the newspaper article you keep referring to.
You believe I had problems with that deal, you are quite the detective Mr Allso, patting yourself on the back, thinking what a clever little allso, I suppose trying to find something to be proud of is not easy in your life.
You keep posting the same post which is refering to the deal in question, in manchester. .
I shouldnt get to excited about this discovery. You only had to read the newspaper article you keep referring to.
Imagine that you are a company in trouble and you were looking for a business analyist and you google simon allso.
Thank you very much Phil for the last post
I can well imagine what a potential client of mine would think reading the lies you write
Clearly you can too by your post
That is the BEST evidence yet that what you are trying to do here is simply cause me loss and damage by writing lies about my background to cause me to lose consultancy work
This is exactly what needed to be put in writing by you as it shows exactly what you are trying to achieve by this harassment and defamation campaign against me personally
Phil
I am off out to the seaside for the day as it's sunny - so enjoy your posts reply free until later
Mr Allso
Are you still a disqualified director in the UK?
So you have been disqualified twice and imprisoned oncee and you have a string of companies that end up in the bankruptcy courts because of your decisions.
Much of what is written was not started by me, much of it national newspapers, legal websites, this blog etc.
You have been asked countless times to put forward a reasoned explanaton of how the 100% finance scheme was to work, and then fit it around what investors were told during 2005 -2007.
You refuse to do it, instead focusing on trying to goad the investors.
As a business analyst, you had the perfect opportunity to show potential clients that what is written is wrong, and that you are intelligent, ethical and really care about the people affected by your decisions.
Instead, you have only shown your potential clients that you are a man to be avoided, evil, petty, unable to put together a business plan if your business life depended on it
. You did this , not us.
YOu keep threatening us with court action, do it Allso.
So lets recap, please pick out the lies and then justify your reasoning. or revert to posting your childish comment again just reinforce what we say about you.
investors join the allocation queue in 2005, the company you set up promise 100% finance and property. Many investors are told there is 'developers finance'
I join the allocation queue in october 2006, Steve Hodgson tells me Vladaya is almost complete, Petarch 4 months ahead of schedule.
Feb 2007, I find out that Vladaya is barely started and that my properties will be at the third develpment.
March 2007, we find out scheme is run by two fraudsters. Tim Mannion gives press interview and Simon writes comment on buybulgaria forum telling, both saying that building work has slipped 4 months.
So, going by Tim Mannion and Simon Allso's figures, BBTL will build and complete Vladaya and petarch and then build my properties at the third development by the end of the year ???
I question these figures, they are fantasy, Simon Allso denies it, Robert Gavin refuses to accept anything suspicious and continues to sell 100% finance scheme, ignoring questions directed to him on forum.
I must congratulate Mr Allso for he sheer audacity it has caused much hilarity in the office. His statement "That is the BEST evidence yet that what you are trying to do here is simply cause me loss and damage by writing lies about my background to cause me to lose consultancy work" is the comment of a seriously deluded individual and highlights exactly why Mr Allso would like you to all go away.
His criminal past and present business status is catching up with him and recent damming articles in the national press combined with his victims speaking publicly are all beginning to reach potential victims (or clients) and perhaps business is a little slow for Mr Allso.
His reputation is damaged beyond repair and that is entirely because of the type of business practise Mr Allso engages in. As the judge commented when passing sentence " Mr Allso runs his business as vehicles for fraud"
So four years in prison for criminal fraud, scores of companies closed and assets striped as a result of his consultancy work and I read one suicide related to his conduct, that is perhaps why people do not want to employ Simon Allso. Not one posting on this site contravenes a single libel law.
Have a nice day at the boat show in Southampton Mr Allso
I must congratulate Mr Allso for he sheer audacity it has caused much hilarity in the office. His statement "That is the BEST evidence yet that what you are trying to do here is simply cause me loss and damage by writing lies about my background to cause me to lose consultancy work" is the comment of a seriously deluded individual and highlights exactly why Mr Allso would like you to all go away.
His criminal past and present business status is catching up with him and recent damming articles in the national press combined with his victims speaking publicly are all beginning to reach potential victims (or clients) and perhaps business is a little slow for Mr Allso.
His reputation is damaged beyond repair and that is entirely because of the type of business practise Mr Allso engages in. As the judge commented when passing sentence " Mr Allso runs his business as vehicles for fraud"
So four years in prison for criminal fraud, scores of companies closed and assets striped as a result of his consultancy work and I read one suicide related to his conduct, that is perhaps why people do not want to employ Simon Allso. Not one posting on this site contravenes a single libel law.
Have a nice day at the boat show in Southampton Mr Allso
Passanger
I wish I knew who you were, but you write some fantastic posts.
I was a bit upset by the five year old remark though, my son is five and I would be very disappointed with him if he could not conduct himself better than Simon:) !!!!!
I await Simon's reply.
I have just opened a letter from another interested party. I shall point him towards this blog, it will give him an insight into the mind of Simon Allso
I think that all this talk of land , planning permission, finance bores our Simon( probably not part of his business stategy ), much better focusing on extracting money from a dying business and then distributing money amongst friends and family.
and then run away shouting, its the company, not me.
I thought you only brought misery to peoples lives, but even you simon can bring brief moments of joy
I must congratulate Mr Allso for he sheer audacity it has caused much hilarity in the office. His statement "That is the BEST evidence yet that what you are trying to do here is simply cause me loss and damage by writing lies about my background to cause me to lose consultancy work" is the comment of a seriously deluded individual and highlights exactly why Mr Allso would like you to all go away.
His criminal past and present business status is catching up with him and recent damming articles in the national press combined with his victims speaking publicly are all beginning to reach potential victims (or clients) and perhaps business is a little slow for Mr Allso.
His reputation is damaged beyond repair and that is entirely because of the type of business practise Mr Allso engages in. As the judge commented when passing sentence " Mr Allso runs his business as vehicles for fraud"
So four years in prison for criminal fraud, scores of companies closed and assets striped as a result of his consultancy work and I read one suicide related to his conduct, that is perhaps why people do not want to employ Simon Allso. Not one posting on this site contravenes a single libel law.
Have a nice day at the boat show in Southampton Mr Allso
philg93yrt thank you for your comments. You wonder who I am, well all I can say right now is I am an interested party. I mentioned in a previous post that Mr Allso has been brought to my attention in a professional capacity, he is someone I am showing an interest in, cant say more, sorry.
I am aware that a national newspaper other than the Mail is working on an article regarding Mr Allso, we are aware he likes boat shows and other peoples money.
Maybe we could have a film made about simon allso, lets call it 'other peoples money'
We would need an actor of the right proportion
Danny Devito.
Oh dear, I think we have already been beaten to it.
Hi Passenger
I think you should also be aware that Anil Kohli was using a nitya holdings account to pay for BBTL debts , this was in about october 2007 ,
( nitya holdings is an account used by pathway property - another property scam- set in india - sold by Steve Hodgson and Robert Gavin , it concluded in much the same way, Anil Kohli putting his kids through private school, lush family weddings, renting expensive houses and money for 'investment' unaccounted for - I bet even Simon allso could determine what happended to that money)
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