- Report: #903449
Report - Rebuttal - Arbitrate
Complaint Review: Bridge point ventures ltd, IPIN Global, Henley Homes Group, Helix towers, 2 Trafalgar WayB London E14 5SP, Kamran Mahmood. Micn
Bridge point ventures ltd, IPIN Global, Henley Homes Group, Helix towers, 2 Trafalgar WayB London E14 5SP, Kamran Mahmood. Micn103 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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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]....
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.
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