3211 days ago
Earlier today I cited the case of AIT and its FD Gareth Bailey as a reason why disgraced Laurence Moorse the ex FD of the fraud Quindell should rat on Rob Terry and plea bargain. I now bring to the attention of poor Larry, the case of Mark Woodbridge the ex FD of fraud Torex Retail.
3211 days ago
The former FD of Quindell (QPP) Laurence Moore probably made less than a million quid after tax from the fraud. His boss Rob Terry made at least £30 million. Yet poor Larry is like Terry facing wipe-out fines and a good stretch as a guest of Her Majesty. I have urged him before to rat on Terry and the other big crooks to reduce his personal discomfort (think of the showers, Larry) but I now invite him to consider the case of AIT and its FD Gareth Bailey and to think again.
3230 days ago
Feeling 150% vindicated over the Quindell fraud the first celebratory ouzo beckons and in that vein let's have a Rob Terry caption contest just for fun. Simply post your captions for the picture below in the comments section.
3369 days ago
I am sure that Laurence Moorse, the insider dealing finance director of Quindell (QPP) is now aware, as am I that the Serious Fraud Office (SFO) is now looking at matters Quenron and in that vein I have again written to the little crook urging him to save himself.
Dear Laurence.
3390 days ago
It is probably the least of the problems of the insider dealing fraudster Laurence Moorse at Quindell (QPP) but he really does seem to be in a spot of bother with Companies House over non-disclosure at Ingenie. What is Larry so desperate to hide?
You may remember that on October 10 2014 I wrote to Companies House pointing out that Ingenie should – as part of a PLC – supplied full not abbreviated accounts. On December 12 2014 (HERE) CH confirmed it had written to Larry on this matter.
3420 days ago
What is it like being Laurence Moorse, the FD at Quindell (QPP) as it goes down the swanny. I asked a gentleman now FD of a successful AIM listed company but who in a former life was parachuted into a quoted entity that he pretty soon realized was a can of worms, to explain. The experience still haunts him. His recollection will give you some idea of what life is like in Fareham right now.
What would my life be like? In a word, Shit! Actually 3 words. Unbelievably fucking shit. What would I be doing with my time? Simple, I would be focused on 2 areas (broadly defined and mutually overlapping) but here goes:
The Day Job
3420 days ago
In light of today’s revelation that a Class action is heading towards Quindell, the fraudster Rob Terry and others I have just sent a friendly email to Terry, Laurence Moorse and folks whose firms may well become co-defendants in a class action suit: Peter Shea of Daniel Stewart, Bobbly Hilliam at Cenkos, Emma Kane at RedleafPolhill and Victoria Geoghehan at Bell Pottinger. Gents & ladies it is payback time...hope you all have good lawyers.
Dear All
3420 days ago
Law firm YourLegalFriend will tomorrow launch an initiative aimed at pursuing both Quindell PLC and its current board of directors as well as Rob Terry in order to get back the vast losses suffered by investors in Quindell.
Yourlegalfriend is a well-established firm of lawyers run by Colin Gibson, a KPMG-trained accountant (nearly 10 years with the firm), who was later a listed company FD then CEO on first a main list then an AIM listed company for a total of around 8 years.
I have spoken to Mr Gibson and he understands the issues and is serious in pursuing this matter. I have urged him to widen the action into pursuing Canaccord, Cenkos, Daniel Stewart, Redleaf PR, Bell pottinger and KPMG and he states that as more evidence emerges that the scope of the action is likely to be widened. The release that will be issued tomorrow follows. I urge all Quindell shareholders who have lost money on this fraud to contact Mr Gibson and his team first thing tomorrow.
QUINDELL INVESTOR CLASS ACTION UNDER ACTIVE INVESTIGATION
3423 days ago
I guess the in-tray for Laurence Moorse, the insider dealing Finance Director at Quindell (QPP), is getting to be a little on the bulging side: folks owed £180 million by the cash strapped company demanding immediate payment; letters from the FCA, letters from AIM regulation, the PWC memos on his dodgy accounting and now to add to his woes …Companies House has confirmed that its on his case.
3426 days ago
Sam Antar was the finance director at Crazy Eddies, the biggest Wall Street fraud of the 1980s. Sam avoided prison by turning Queen’s evidence (or the US Equivalent). And he has saved his soul by now making his career exposing other fraudsters. In the spirit of Christmas I have some career advice for Laurence Moorse the FD at the fraud Quindell. My letter to Mr Moorse follows.
Dear Laurence.
3430 days ago
The stand in bosses of Quindell, The captains that will see the ship go under are Mr David Currie and the insider dealing Rob Fielding. Together with the insider dealing Finance Director Laurence Moorse they know that cash is well below market forecasts and that profits forecasts will not be met because there are gargantuan write-offs off goodwill and bogus revenues looming – that I proved today HERE.
In not communicating this to investors via RNS they are breaching AIM Rules and arguably committing market abuse. As such I have written today to AIM Regulation and the FCA, cc’ing in the money grabbing bastard chumps at Nomad Cenkos, requesting that Quindell make an immediate statement fessing up to its true financial position but also that Mr Currie, Mr Moorse and Mr Fielding be investigated for breaching AIM Rules and potentially also market abuse. I write:
Dear Sirs.
3441 days ago
In response to a number of requests I have created another Quindell (QPP) downfall video featuring all your favourite characters in this gripping tale: Rob Terry, Laurence Moorse, Cenkos, Equities First Holdings LLC, Steamy, bullyboy lawyers Schillings, Canaccord, Daniel Stewart, foxy Bex at Redleaf PR, Paul Murphy and Dan McCrum from the FT, the FCA and of course the press chearleaders for the bulls, Shares Magazine and Zak Mir.
My last Quindell downfall video was recorded when the shares were 138p. You can watch it here.
The shares are now 69p.
3441 days ago
I have this morning tried to shake off the most almighty of hangovers caused by the Quenron (QPP) celebrations of last night, by penning an open letter to Cenkos, Nomad ((pro tem) to the fraud Quindell. Cenkos needs to force Quindell to make a statement now regarding margin calls that Rob Terry, Larry Moorse and Steve Scott must be facing.
Their loan agreements with Equities First Holdings LLC which allowed them to dump vast amounts of shares pretending that they were buying have a default clause agreement which means that if the Quenron share price falls below a certain point the three crooks, I mean directors, must either default, hand over more shares to Equities First or hand over cash. I am sure that they will go for option two (handing over more worthless shares) which Equities First will then dump. But investors need to know this information and need to know now. Hence the letter to Cenkos which natch I have cc’d in to AIM Regulation and the market abuse team at the FCA. It reads.
Dear Sirs.
3449 days ago
Rob Terry you are a liar, a fraudster and now I also accuse you of insider dealing. I shall not rest until you go to prison you low life vermin criminal. For today we discovered that you and your FD Laurence Moorse and NED Steve Scott sold vast numbers of Quindell shares while withholding price sensitive information – that Canaccord, your joint broker and sponsor of your failed main market listing application had quit.
The rats at Canaccord told Quindell they were quitting on 21st October giving one month’s notice. Quindell has today brought forward that departure date to immediately. Or rather I suspect Canaccord has done its maths and demanded to go at once.
3460 days ago
Quindell (QPP) bulls have today celebrated the news that chief fraudster Robert Terry and sidekicks Laurence Moorse and Steve Scott have bought 1.575 million Quenron shares at c123p. However they rather miss the point that the trio have not actually risked a cent of their own cash. This is the latest smokescreen and is such a curious transaction it only makes the sell case even stronger. Within the stock puffed up to 133p on the back of this nonsense it is another chance for the bears.
The deal Terry (who is buying 1 million shares) has arranged is that the cash for the trade is provided by Equities First Holdings LLC,
3491 days ago
At last the accounts of Quenron (QPP) subsidiaries are starting to emerge at Companies House and you can see why Rob Terry and his FD Laurence Moorse were so tardy in filing because they are a true can of worms. The first which has arrived is 360GlobalNet Ltd which is 60% owned by Quindell and this stinks to high heaven. Even the pathetic QPPSAG must surely now be hearing the alarming bells ringing? Or perhaps they all have Industrial deafness.
By way of background reading for the Quenronologists the 2013 accounts for 360GlobalNet can be found HERE and the annual return (which lists shareholders) can be found HERE
The stated history according to Quindell is that it acquired a 3% stake at an unspecified time and increased that to 19%on 28th February 2012 at a price of £2.15 million (£900,000 in cash and the rest in shares). That was not actually strictly true as I explained HERE but let’s pretend it was and continue.
