PPF Life Assets Fund / Scam - fraud
The company in Bermuda was setup by Iain Stamp offering guaranteed returns on investments. A group of us investors put in a total of US$15 million into the fake fund.
Iain Stamp moves these funds to a lawyer in England called McFadden and has them under his control.
The Directors appointed by us investors realised that this was a fraud and tried to freeze the funds. This fraud Stamp is now claiming money for managing a fraudulent fund.
I asked my guys to look at his other companies and all of them are in Ireland and all of them are facing loses. One company PPF Capital Source Limited has losses of over US$8, 600, 000. These were also bond investors into some other phoney investment program he setup. No profits in that company for four years just major losses. Mr Stamp must have conned people out of millions.
Please stay away from Mr Stamp or report him to the police or SEC.