• Report: #903449

Complaint Review: Bridge point ventures ltd, IPIN Global, Henley Homes Group, Helix towers, 2 Trafalgar WayB London E14 5SP, Kamran Mahmood. Micn

  • Submitted: Wed, June 27, 2012
  • Updated: Thu, January 24, 2013

  • Reported By: jmarson — United States of America
Bridge point ventures ltd, IPIN Global, Henley Homes Group, Helix towers, 2 Trafalgar WayB London E14 5SP, Kamran Mahmood. Micn
103 Union Street Internet United States of America

Bridge point ventures ltd, IPIN Global, Henley Homes Group, Helix towers, 2 Trafalgar WayB London E14 5SP, Kamran Mahmood. Micn Sum. Rip Off, Henlep Homes Group, Bridge Point Ventures, IPIN GLOBAL, TIMESHARES, AND DODGEY INVESTMENTS Internet, Internet

*Consumer Comment: Jmarson,

*Consumer Comment: douglas

*REBUTTAL Owner of company: admission of forged documents

*REBUTTAL Owner of company: admission of forged documents

*REBUTTAL Owner of company: HIGH COURT ORDER WITH A PENAL NOTICE

*Consumer Comment: GLOBAL DEPRESSION SONG...

*Author of original report: proof to argument

*General Comment: "RIPOFF REPORT" is a SCAM

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Bridgepoint ventures and IPIN Global a interesting complicated, intellectual property Time Share scam unrivalled by any others. Bridge point ventures and IPIN Global offer investors a guaranteed return 0f 16% per anum guaranteed, with their deposits insured and
protected by elite insurance company.

Firstly their model would allow a developer to borrow up to 100%, now is there something wrong with that as that's why the market went wrong in 2007. Then all their investors funds are insured and as a result it becomes insured equity. Is it my rather stupidly going to assume that the whole reason insurance companies make money is because they don't pay out and look for any excuse not to pay out.

Now bridgepoint and IPIN Global use the same insurer??? who has no equity or balance sheet and will not pay out if fraud is committed or if there was mismanagement or incompetence. [continued below]....
..... On top all the investors will get an apartment if it goes wrong, yeah right and pigs fly these days.Lets take the HELIX, 2 TRAFALGAR WAY, LONDON, E14 5SP.
Where the bank will provide a 100 MILLION for the developer and Bridge point ventures will provide 200 million.
 
Firstly all their developers will have a first charge which will mean the principle lender will get first priority on any money and assets gained from any receivership sales, and based on that principle say the development half built the bank will get its money first and
in reality they will get a fraction back for every pound they have borrowed, now the bank will make the a clear part of any agreement giving it priority over investors. For arguments sake lets say 200 million with a total of 500 investors.

Secondly this will be followed by bridgepoint and IPIN Investors both of whom have placed a large investment deposit per apartment, by default they will have to go back tot heir insurer the insurer if they have any money will have to consider paying, but we know
they don't like paying as that's why they make money a bit obvious isn't it. Now the first thing the insurance company will point to is the luck of due diligence and incompetence by IPIN Global and Bridge Point.

Why was their research not done, why wasn't it done appropriately, why did they invest with Henley homes with their previous track record,links with Minc and Kamran Mahmood.
They will see all the searches on google all the reports and lets forget the fact they haven't got the money and by default they will take the position it was incompetency on bridge points side, Ipin Global, and their teams and they will exercise the clause and right not to pay because of incompetency, luck of due diligence and criminality.

Then as IPIN and bridgepoint don't have control of the property, as banks do, and they don't have control of the insurance company as they have failed to pay all the investors will lose their money.As Bridge point cant pay it back neither can IPIN Global.In this case i don't know any insurance company that would pay out continuously on project after project that makes losses.

If you do your research all this is basic commonsense and its all done on the sale of a promise, a kiss and a marriage. No insurer will pay out on such a ridiculous scam or project they will immediately exercise the clauses on the reasons not to pay leaving IPIN Global and  bridgepoint investors to take the loss for these projects. And Henley legalls keeps all the money and every one else loses and the investors pick up the bill.
 
This is the largest timeshare scam and fraud in its history and its all done on the basis that you get a extra-ordinary rate of return per anum, your equity investment is insured by an insurer, but here the insurer is based in Essex's and specialises in insuring equity investments but will do its research and will not pay out as bridgepoint ventures and IPIN Global didn't do enough due diligence or research and were aware of the risk factor and knew the chances of it going wrong and had the previous track record of the companies and associates as here Henley homes group and Kamran Mahmood. IF IT SOUNDS TO GOOD TO BE TRUE IT USUALLY ISN'T.
 
BRIDGE POINT VENTURES AND IPIN GLOBAL INVESTORS PLEASE MAKE SURE ANY INVESTMENTS UNDERTAKEN BY THESE COWBOYS IS CHECKED ON ANY LOSSES MADE IS FOLLOWED UP BY APPROPRIATE AUTHORITIES AND REFERRED TO THE APPROPRIATE AUTHORITIES LEADING TO CRIMINAL CONVICTIONS FOR THE BOARD OF IPIN GLOBAL AND BRIDGE POINT VENTURES. AS BRIDGE POINT AND IPIN ARE AWARE OF THE RISKS TO INVESTORS MONEY AND THE LUCK OF APPROPRIATE INSURANCE COVERAGE AND THE FACT THE INSURERS WILL NOT COVER INCOMPETENCY OR FRAUD IN THE CASE OF THE HELIX TOWERS.
 
PLEASE INVESTORS OF IPIN GLOBAL AND BRIDGEPOINT REFER EVERY CASE ON TO THE AUTHORITIES FOR INVESTIGATIONS AND FOR CRIMENAL CONVICTIONS TO BE TAKEN AGAINST THE BOARDS AND PRINCIPLES OF THE COMPANY. AS AN EXAMPLE HAS TO
BE MADE THAT A LOSS OF INVESTORS MONEY ISN'T APPROPRIATE AND WILL NOT BE TAKEN LIGHTLY SPECIAL IN CASE OF ADVANCE WARNINGS.
INVESTORS PLEASE FOLLOW UP.

Bridge point disgraceful (www.bridgepoint-ventures.com/)
IPIN GLOBAL (www.ipinglobal.com)
AND HENLEY HOMES (www.henley-homes.co.uk).

I DO ADVISE ALL INVESTORS TO AVOID HENLEY HOMES. KAMRAN MAHMOOD, AND THE REST OF THEM ATALL COSTS AND FOLLOW UP ALL LOSES WITH THE APPROPRIATE AUTHORITIES AS THIS IS CRIMENAL.

This report was posted on Ripoff Report on 06/27/2012 03:45 AM and is a permanent record located here: http://www.ripoffreport.com/r/Bridge-point-ventures-ltd-IPIN-Global-Henley-Homes-Group-Helix-towers-2-Trafalgar-WayB-London-E14-5SP-Kamran-Mahmood-Micn/internet/Bridge-point-ventures-ltd-IPIN-Global-Henley-Homes-Group-Helix-towers-2-Trafalgar-WayB-903449. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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REBUTTALS & REPLIES:
1Author 4Consumer 3Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Jmarson,

AUTHOR: Karl - ()

Please feel free to give us an update to your Ripoff Report when you get a chance. Thanks.
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#2 Consumer Comment

douglas

AUTHOR: douglas - (Australia)

After referral from a friend it took me a lot of time & effort to invest my hard earned money into IPIN Global.I was most upset when I read your opinion of them.There is a High Court injuction by IPIN/Bridgepoint against you from what I read.How do I know who is the criminal,your organisation/report or IPIN Global?If your report is wrong you have caused me & possibly other clients which may have read your report much distress.

I will be contacting IPIN Global regarding my reading of your report to get thier side of this story.
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#3 REBUTTAL Owner of company

admission of forged documents

AUTHOR: pmp electrical - (United States of America)

Henley Homes were taken to court by PMP Electrical Services Ltd, case No: HT-10-185 at the Technology & Costruction Court. It was clearly proven that representatives of Henley Homes had forged a letter purporting to be from the National Grid to support a claim of alleged defective cables installed by PMP Electrical Services Ltd. The directors of Henley Homes denied actually creating the document, blaming a rogue employee for its creation. They had previously denied knowledge of its existence when contacted by National Grid lawyers in January 2010, yet claimed in court that the letter had been discussed at an internal board meeting in November 2009.

The directors of Henley Homes did openly admit creating electrical test certificates for an unrelated project due to pressures from their funders to complete sales of property. The fabrication of these certificates enabled them to complete sales of apartments and occupy them, despite the building being unsafe to occupy. Whem questioned about these certificates by Kent police in another unrelated matter, the directors of Henley Homes denied ever seeing the certificates they had told a high court judge they had created.

These people are liars, cheats and fraudsters, who will say what is ever necesary to deflect the situation before them, even lying to a high court judge if required. They will not be able to "gag" this thread as all of the above forms part of the court records relating to the case referenced. 
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#4 REBUTTAL Owner of company

admission of forged documents

AUTHOR: pmp electrical - (United States of America)

Henley Homes were taken to court by PMP Electrical Services Ltd, case No: HT-10-185 at the Technology & Costruction Court. It was clearly proven that representatives of Henley Homes had forged a letter purporting to be from the National Grid to support a claim of alleged defective cables installed by PMP Electrical Services Ltd. The directors of Henley Homes denied actually creating the document, blaming a rogue employee for its creation. They had previously denied knowledge of its existence when contacted by National Grid lawyers in January 2010, yet claimed in court that the letter had been discussed at an internal board meeting in November 2009.

The directors of Henley Homes did openly admit creating electrical test certificates for an unrelated project due to pressures from their funders to complete sales of property. The fabrication of these certificates enabled them to complete sales of apartments and occupy them, despite the building being unsafe to occupy. Whem questioned about these certificates by Kent police in another unrelated matter, the directors of Henley Homes denied ever seeing the certificates they had told a high court judge they had created.

These people are liars, cheats and fraudsters, who will say what is ever necesary to deflect the situation before them, even lying to a high court judge if required. They will not be able to "gag" this thread as all of the above forms part of the court records relating to the case referenced. 
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#5 REBUTTAL Owner of company

HIGH COURT ORDER WITH A PENAL NOTICE

AUTHOR: Admin - (United Kingdom)

On behalf of HENLEY HOMES, BRIDGEPOINT VENTURES, IPIN GLOBAL and their respective CEOs and Managing Partners

The above individuals and companies have been subjected to a defamatory campaign of harassment and intimidation by two recently identified individuals. Totally false and baseless allegations were made and published on the web.

THESE ALLEGATIONS ARE ENTIRELY UNTRUE.

On Friday 6 July 2012, lawyers acting on behalf of the aforementioned individuals and companies successfully obtained a HIGH COURT ORDER granted by Mr Justice Tugendhat. This Order prevents the named individuals from HARASSING and publishing DEFAMATORY articles and comments on the web or any other medium.

A civil claim against the individuals has also been issued for substantial damages under claim number HQ12D02724 in the High Court and the matter has been referred to the Metropolitan Police for investigation as this constitutes a criminal campaign of harassment. 

Henley Homes, BridgePoint Ventures and IPIN Global will ALWAYS robustly challenge any attack on their reputations.

Counsel for the Claimants were Hugh Tomlinson QC and Sara Mansoori of Matrix Chambers who were instructed by Farooq Bajwa & Co Solicitors, 45 Charles Street, Mayfair, London, W1J 5EH.
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#6 Consumer Comment

GLOBAL DEPRESSION SONG...

AUTHOR: Karl - (USA)

is available at this website.
Just type in 366009 at this site and it appears in the consumer comments section at Ripoff Report #366009.
Thank You
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#7 Author of original report

proof to argument

AUTHOR: jm - (United States of America)

i can prove Bridgepoints insurers track record and current up to date balance sheet, also bridgepoints model plus in detail history and track record can you do the same???
or prove other wise???
as everything i have stated i can substantiate and proof!!!
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#8 General Comment

"RIPOFF REPORT" is a SCAM

AUTHOR: Howard - (United States of America)

Quite interesting that the purveyors of this site can come off as is they are performing some philanthropic duty to alert potential investors of "scams", when the very nature of having a site that is not policed in any way by the FSA, does not have to adhere to an form of fair due diligence of facts, and can merely litter the web with vitriolic claims of slander. All this site does is throw the first punch in what amounts to a mud slinging effort in an attempt to extort monies from companies to restore a name that "YOU" purposely intended to smear for personal gain. I have seen it so many times with so called "blogs" and sites supposedly set up to help people. when in closer look they have a very clear agenda.  The contributors to this slander all had an axe to grind with Henley, BridgePoint, and IPIN, however it appears that solicitors need to be hired now to bring these points to light.  I refuse to allow this site to besmirch my name, however I look forward to being able to state that my experience with boith IPIN and BridgePoint has been very open, honest, and educational when they explain their investments. I am privy to the real reasons this garbage was unleashed on the web, and your motives are more salacious and gredy than those that actually commit the crimes you are attempting to levy on others. You look to gain from the "rumor" or malpractice and then profit from the steps taken to remove your filth from the web. You are in the same category of rumor mags, "The Enquirer", "The Daily Mirror", TMZ. etc and so on.  I look forward to this bollocks of a site to have to issue a retraction for the statements that went beyond mere opinion, and into the area of libelous slander.

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