tag:blogger.com,1999:blog-3591695769525894359.post95456759002591910..comments2024-03-20T11:09:50.796+00:00Comments on voiceforchildren: Jersey A "Well Regulated" Off-Shore Finance Centre?voiceforchildrenhttp://www.blogger.com/profile/16825129148579102037noreply@blogger.comBlogger55125tag:blogger.com,1999:blog-3591695769525894359.post-22446028081040854052012-06-12T23:22:08.317+01:002012-06-12T23:22:08.317+01:00In these comments defending the finance industry o...In these comments defending the finance industry or the individual bank, there is an undercurrent of acceptance of some technical grounds for taking advantage of a customer's trust and deliberately misrepresenting the transaction. It may be how the game is played in Jersey, but that is not any excuse for human beings of conscience.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-67127331628792618712012-06-12T20:36:00.675+01:002012-06-12T20:36:00.675+01:00Excellent blog and related commentary. You have pl...Excellent blog and related commentary. You have placed some finance industry people in a very defensive position, and they are obviously becoming emotional about the fact that official disregard of George's claim is tainting their reputation. You have hit them where it hurts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-29125954325684266702012-06-12T17:42:54.433+01:002012-06-12T17:42:54.433+01:00"Anonymous said...
From the States this ..."Anonymous said...<br /><br /> From the States this morning it sounds like this blog has made a mountain out of another mole hill."<br /><br />So are we to assume you completely base your assumption on the importance of an issue on how the States do or don't respond to it?<br /><br />How very 17th century.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-42924245835084656442012-06-12T14:51:49.081+01:002012-06-12T14:51:49.081+01:00It sounds like an open and shut case of mis-sellin...It sounds like an open and shut case of mis-selling if what George is saying is true - how SC described the product (as tape recorded) versus what he got.<br /><br />They appear to be hiding behind the expense of a lawsuit to get away with it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-50575454577760464142012-06-12T12:33:57.609+01:002012-06-12T12:33:57.609+01:00Why do you keep letting the trolls through?Why do you keep letting the trolls through?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-28506744032516947932012-06-12T12:20:24.632+01:002012-06-12T12:20:24.632+01:00Cyril points out that there is legislation in plac...Cyril points out that there is legislation in place to protect consumers.<br />anon@15:53 and later<br /><br />from Blacks law dictionary;<br /><br />Caveat emptor:-<br /><br />"Let the buyer beware. This maxim is more applicable to judicial sales, auctions, and the like, than to sales of consumer goods where strict liability, warranty, and other consumer protection laws protect the consumer buyer."<br /><br />Mr John Harris head of JFSC and Mr Richard Ingle Standard Chartered Jersey Ltd do not have to say anything a writer tells us. Still stuck in their ivory towers protected by arrogance or should that be a non caring " give us your money attitude " ?<br /><br />It went badly wrong for the banks named in the link below including Standard Chartered, are you both so removed from this sad episode in Jerseys financial dealings which will have an impact on Jerseys hard fought for reputation ? Non so blind as ………….<br /><br />http://planetjersey.co.uk/forum/index.php/topic,2823.msg54997.html#msg54997Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-50171497924228858182012-06-12T11:14:29.602+01:002012-06-12T11:14:29.602+01:00Hi VFC,
Word has reached me that the parish halls...Hi VFC,<br /><br />Word has reached me that the parish halls have been instructed to immediately charge anyone who turns up for a PH enquiry with me or Ian in tow.<br /><br />so much for the enquiry then!<br />maybe the 'authorities' don't want the honouries to hear the questions we ask.<br /><br />As part of my appeal against conviction, I will be asking more questions the 'authorities' don't want to answer @ 2:30 on 25th June 2012 in the royal court.<br /><br />If you or anyone else would like to witness how my questions are dealt with, I will be delighted to see you there.<br /><br />cyrilAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-35171536261001623882012-06-12T11:00:18.896+01:002012-06-12T11:00:18.896+01:00So 3 different police officers have looked at this...So 3 different police officers have looked at this so called fraud and say there is no case. Well fancy that. Maybe next time you try and do a story on something you actually do some homework first???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-76582155253345053632012-06-12T10:40:41.203+01:002012-06-12T10:40:41.203+01:00Somebody bothers to comment who actually appears t...Somebody bothers to comment who actually appears to understand how the banks and regulators operate over here, and certain people can't help themselves but try and nitpick minor issues.<br /><br />Unfortunately for you George, you are likely to enjoy lots of very vocal support, but a similar level of success, and increasing polarisation, to most of these bloggers previous crusades. <br /><br />I wish you the best of luck.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-2779470783031962112012-06-12T10:33:17.044+01:002012-06-12T10:33:17.044+01:00From the States this morning it sounds like this b...From the States this morning it sounds like this blog has made a mountain out of another mole hill.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-76387565701611933372012-06-12T09:45:51.827+01:002012-06-12T09:45:51.827+01:00Not a comment from any of Jersey's States Memb...Not a comment from any of Jersey's States Members on this or so many other issues raised on the blogs. Why is this?<br />What are they waiting for - somebody to hold their hands?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-57468248591165086452012-06-12T01:54:59.098+01:002012-06-12T01:54:59.098+01:00Who is the commenter at 21:14 responding to?Who is the commenter at 21:14 responding to?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-86390498024688111382012-06-12T00:04:02.466+01:002012-06-12T00:04:02.466+01:00I think you need to understand how the JFSC works....I think you need to understand how the JFSC works...<br /><br />Firstly if say the Italian government says to the JFSC 'Please give us a list of all Italian nationals who have accounts in Jersey and the amounts held and the interest received' then it is done immediately, no respect for privacy or law. There is no 'who are you investigating and what is your prima facie case that suggests that there may be a case to answer' prior to the disclosure foreign governments are given a free ride (because the JFSC gets to keep a portion of all tax deducted on their behalf). THIS IS WHAT IS KILLING THE JERSEY FINANCE INDUSTRY.<br /><br />But on the other hand if one of the robber banks who have repeatedly fleeced their customers over and over again and yet people are still naive enough to trust them then they are NEVER prosecuted.<br /><br />Banks run the governments now... if you have savings there is gold, if you walk into the lion's den you have to expect to get bit.<br /><br />Why do you expect regulators in Jersey to do anything when JP Morgan have ripped off their customers to the tune of $1.6 billion with MF Global and there is no prosecution for fraud. There will not even be a prosecution of Lehman Brothers for mis-reporting their financial position to the regulator by moving liabilities off their balance sheet for the day of reporting and bringing it back on the day after.<br /><br />Governments and Banks are colluding still to de-fraud us all, every day.<br /><br />Don't worry about Jersey regulators or government they do not even understand the game that is being played on the global stage...<br /><br />ANY MONEY YOU LEND TO A BANK IS LENT WITH A RISK THAT IT WILL NOT BE REPAID... don't have any more in the bank than you absolutely have to, every single bank in the world is bankrupt already. They are desperate to rip you off for every penny they can... at worst for every pound they steal from you they will have to pay a fine of 40p... its just good business, as far as banks are concerned.Darius Pearcehttps://www.blogger.com/profile/08207593799348887450noreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-44700615749729136352012-06-11T22:45:25.328+01:002012-06-11T22:45:25.328+01:00anon@15:53 and later,
from Blacks law dictionary;...anon@15:53 and later,<br /><br />from Blacks law dictionary;<br />Caveat emptor:-<br />"Let the buyer beware. This maxim summerises the rule that a purchaser must examine,judge,and test for himself. This maxim is more applicble to judicial sales, auctions, and the like, than to to sales of consumer goods where strict liability, warranty, and other consumer protection laws protect the consumer buyer."<br /><br />close anon but no cigar<br /><br />but funny you should mention that maxim anon as it was used in it's proper context a few weeks ago in the royal court. It didn't help the victim though.<br />maybe because, like you suggest in your comment, the victim, had "recruted" "via the internet" one of those "certain parties" who "have a history of blind devotion to 'toppling the system' in Jersey"<br /><br />Who are these revolutionaries, can you name names or are you just having a laugh?<br /><br />cheers<br /><br />cyrilAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-24162077807184990382012-06-11T22:24:07.650+01:002012-06-11T22:24:07.650+01:00The abuse of public trust by these people need'...The abuse of public trust by these people need's to be brought under the spot light as many thousands of people from all walk's of life have been effected by mis-selling. They spin in the same way politicians spin lies deciet in order to get the effected sale just to pocket your money or your vote. I wish you great success in your endeavours to re claim your money, I to have been mis sold in the past so good luck.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-42815238098282058122012-06-11T21:14:26.574+01:002012-06-11T21:14:26.574+01:00Mr Ingle or Mr Harris have no need to do anything,...Mr Ingle or Mr Harris have no need to do anything, or put their side of the story until a court compels them to defend their behaviour. If any investor wishes to pursue them, they are obviously free to do so, but until then, they re innocent of any wrongdoing in the eyes of the law,irrespective of what bloggers may think or publish.<br /><br />All of what George has said may well be true, however if he accepted in writing that he understood the risks, and conditions of his investment, then he will have a hard case winning any compensation, which as I said in my previous message, would seem to be indicative of the position thus far. <br /><br />Accusing me of not understanding the sItuation, or somehow siding with the bank or regulator, is an odd comment, and would indicate that you have either not read, or fully understood my carefully worded original comment. I admitted I didn't know the full details of both sides of the case, and the message was merely my interpretation of why the parties may have acted as they have thus far. I'm sorry if it was of no use or assistance to you, or why you felt the need to suggest I favoured one side over the other. <br /><br />I wouldn't wish a loss on anyone, but If you were involved with the investment in question and took a similar amount of care with reading and understanding the documentation pertaining to the investment as you did with my message, it might account for the fact you have only become wise after the event.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-66347180616694017932012-06-11T20:37:05.321+01:002012-06-11T20:37:05.321+01:00The comment at 17:05 makes valid points. The world...The comment at 17:05 makes valid points. The world has changed a lot since the collapse and bailout of banks a few years ago. Fraud was everywhere. Watchdogs were asleep. regulators did not regulate and prosecutors failed to take strong cases forward. The media turned a blind eye. This sad state of affairs has not changed as much as the mindset of people who lost any trust they had in those institutions and protections.<br /><br />Jersey very aggressively markets itself as a well regulated and clean finance center, but those who should provide this gentleman with answers refuse to even look at his evidence or respond in writing. Until someone involved in this financial loss provides evidence to the contrary, it seems more logical to trust the one person, George, who has opened up his evidence files to the public eye.<br /><br />I think there will be an effort within the finance industry now to spin this against George's claim, but without debating the merits of his specific evidence. No one has been willing to take him or his documentation on directly. If they have a great airtight defense for this, they are not acting like it. Instead, they seem to be allowing pro-finance industry comments on this blog to defend what no one but George has explained, in place of the official answers sought, and with no reference to the point-by-point evidence George has provided.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-19710627530964827972012-06-11T18:46:20.471+01:002012-06-11T18:46:20.471+01:00And the media don't want to know. Says it all ...And the media don't want to know. Says it all really. They would have to do some research.<br /><br />rsrico sordahttps://www.blogger.com/profile/09370637157786202673noreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-17895793984798059652012-06-11T17:05:48.831+01:002012-06-11T17:05:48.831+01:00Has the person who wrote at 15: 53 actually viewed...Has the person who wrote at 15: 53 actually viewed the video interview or indeed read the detail on PJ because it appears they still give the benefit of doubt to Standard Chartered and the JFSC. <br /><br />As an example they write " if it had legal merit " they have obviously not read the " investors [ prevention of fraud Jersey law ]1967 which is very clear.<br /><br />The writer has not taken on board that the note purchased is called the SCJL European Recovery note when in fact it was nothing of the sort. Standard Chartered were acting as an agent and pocketed £4,500 commission. Giving Mr Burrows and his wife's £100,000 ( less comm. ) straight to Lehman's Bros who then went bankrupt taking the money with them. <br /><br />A local lawyer ( with a backer ) says Mr Burrow is happy to take on the case, but as Mr Burrows says in the video interview there will be nothing left on the table for his wife and himself after costs.<br /><br />I and no doubt other investors have been watching this unfold on PJ and now here, I find it not at all surprising that Mr Harris or Mr Ingle have so far declined to put their side of the story and offer facts probably hoping this will all blow over.<br /><br />A very strange attitude in the new world of internet information. Mr Burrows has been extremely open it is their turn now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-25495142996531485442012-06-11T16:00:14.790+01:002012-06-11T16:00:14.790+01:00ESOTERIC AGENDA
KYMATICA<a href="http://www.youtube.com/watch?v=FJiCU6Jw0Co" rel="nofollow">ESOTERIC AGENDA</a><br /><br /><a href="http://www.youtube.com/watch?v=AanQ2mY2jjc" rel="nofollow">KYMATICA</a>Big Ehttps://www.blogger.com/profile/15228210750484725153noreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-59925896297535172602012-06-11T15:53:31.150+01:002012-06-11T15:53:31.150+01:00George,
Without having sight of the facts from bo...George,<br /><br />Without having sight of the facts from both sides, it is impossible to determine the rights and wrongs of this case, however if you value the views of somebody who has experience of deaing with both institutions and teh regulator over many years, I offer the following: <br /><br />I suspect, and it can only be suspect, that if your case had some legal merit, it would have been picked up by either or all of the following:<br /><br />1) Standard Chartered themselves<br />2) The JFSC<br />3) The lawyer you contacted in Jersey<br />4) The entities you have approached in the US<br /><br />On the basis that none of the above have decided to involve themselves on your behalf (For whatever the reasons given) would seem to indicate that the bank have a sufficient legal defense to your accusations. <br /><br />I suspect, given the information you have provided, and from similar cases I have been involved with in the past, that this will revolve around you having wittingly, or unwittingly (which unfortunately is very difficult to prove if you have given written confirmation) acknowledged the risks of the investment beforehand. Banks and regulators do not let this sort of thing drag on. If there was a legal foundation to your claims that SC could not defend, they would have settled already. In addition, if your attempts to embarrass the bank into compensating you have also not worked so far, it is unlikely they will fold at this point.<br /><br />None of this is to say that what you are claiming is incorrect factually, nor that, given the case you have presented, that it would seem obvious that you would be due compensation. However, the behaviour of the parties you have contacted thus far would seem to indicate that they are comfortable, in a legal context, with the bank's behaviour, even if aspects of that behaviour are, at first glance, suspect. It is the law that ultimately matters in these circumstances, even if 'right' appears to favour the other side.<br /><br />I feel sorry for your predicament, however this may be an unfortunate case of caveat emptor.<br /><br />This may lead to my comment being excluded as some people can be oversensitive to perceived criticisms, even if it doesn't pertain to themselves, however I would also be wary of certain parties you are recruiting to your cause via the internet, some of whom have a history of blind devotion to 'toppling the system' in Jersey, and attaching themselves to any cause that they see as 'anti-goverment', irrespective of the nature, veracity or in some cases legality of that cause. This might ultimately lead your cause to receive a less sympathetic ear than if these people weren't involved, as it could just be seen as another hijacked cause without any real merit. <br /><br />Much of the above is, I acknowledge, far from fair, but that is my interpretation of the reality of your situation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-56257890255525088562012-06-11T15:53:18.081+01:002012-06-11T15:53:18.081+01:00Everything to do with banks and government is frau...Everything to do with banks and government is fraud George, and very well documented.Big Ehttps://www.blogger.com/profile/15228210750484725153noreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-40126165532227582372012-06-11T14:39:34.733+01:002012-06-11T14:39:34.733+01:00Unfortunately in sptember last year I did not have...Unfortunately in sptember last year I did not have a copy of the standard chartered internal review so was unable to share it with the BBC. It is very easy for SCB to say they did nothing wrong, it is more difficult for them to address the fraud and mis-selling point by point. If my comments are economical (not I add with the truth) it is to save repeating what was already on Planet Jersey. For those who do not read PJ<br />Advisor said designed by SCJL, in fact designed by Lehman<br />Advisor said launched by SCJL, in fact issued by Lehman<br />Advisor said no US exposure, in fact 100% US exposure<br />Advisor said 100% protected...<br />Advisor said can be easily sold whenever you like, in fact no secondary market ever existed and SCJL say would have been difficult impossible to sell early.<br />The above is fraud<br />The advisor said that the product fitted our suitability assessment wich was "vey conservative" and no tolerance to risk to capital at all.<br />That is mis-selling.<br />I am willing to share all information with anyone who doubts the accuracy<br />georgeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-75231081579059107992012-06-11T11:23:12.759+01:002012-06-11T11:23:12.759+01:00This is what was reported by State BBC back in sep...This is what was reported by State BBC back in sept 2011.<br /><br />Richard Ingle, the chief executive officer, said: "We are very sympathetic to any individual impacted by the financial crisis.<br /><br />"In this particular case we have thoroughly investigated the matter, and we are completely satisfied with our conduct and are confident with the position we have taken." <a href="http://www.bbc.co.uk/news/world-europe-jersey-15022488" rel="nofollow">LINK</a>voiceforchildrenhttps://www.blogger.com/profile/16825129148579102037noreply@blogger.comtag:blogger.com,1999:blog-3591695769525894359.post-13117760003531788702012-06-11T10:04:09.829+01:002012-06-11T10:04:09.829+01:00Hi George,
A letter to the A.G. with copies of yo...Hi George,<br /><br />A letter to the A.G. with copies of your proofs, requesting an investigation under the relevant Jersey law<br /><br />mark the top of the letter;<br /> "for the public record"<br /><br />good luck<br /><br /><br />cyrilAnonymousnoreply@blogger.com