I am also one of those that Ian Adlington has ripped off. I had chosen to walk away and focus on building my business, which Ian ran into the ground by taking my moneyand constantly making promises of funding that he had no intention of ability to keep.
I am only posting this now because I have been blamed by Ian Adlington for Ripoff Report postings from other victims and I am being threatened daily by texts and emails. I am being threatened with legal action and I is also making veiled threats of violence against myself and my wife. I can no longer stand by and keep silent as others are being ripped off by this scammer.
Heres my story:
After an introduction Keiretsu Forum who called him "the real deal" and a big fish", Applied Skin Technology (AST) paid Ian Adlington $25,000 to set up a UK company and bank account that would then be funded by an Qatari underwritten listing on the UK Plus Market. [continued below]....
..... Adlington represents himself as the fund manager for Qatar Investments in the US and UK. After delaying for 6 months, Adlington came up with a new investment story, imminent funding by the Alpine Equity Fund.
After another 6 months of stories, stalling and cancelled meetings, AST located contacted the actual Alpine Fund manager directly and learned that no such arrangement existed, Ian Adlington was not a representative of the Alpine Equity Fund, and they had no knowledge of AST or any other company about to be funded. Ian still asserts that he is the sole fund manager and arbiter of disposition of resources for Alpine Equity Fund, a violation of Bahamian Securities law.
Everything I state is documented.
Pretty simple story in essence. The detailed version is filled with accomplices, lies, stalling and many calls from other victims.
Today I received a threat that he was coming after me step by step and that he was going to release damaging info about my products and my company. Which means hes going to make up some lies to put me out of business. But too late, his lying, fraud and stalling has already killed my business.
Heres the legal threatdown made by his UK attorney:
We act as legal advisers to Ian Adlington, Masha Karubian and Newport Capital Ventures.
Our clients have become aware of an internet posting that at first glance appears to be anonymous but which you have discussed with third parties and admitted was posted by you on behalf of yourself and your companies Dermagenics and AST.
It is clear that many of the allegations made by you in this posting are inaccurate, damaging and intended by you to be damaging. They are for that reason defamatory. We are still collating the errors and untruths contained within your posting, most details will be known to you but will be provided in full detail in the litigation that will commence if the posting is not removed.
The posting also contains personal details that clearly you have no right to access and have either been obtained in breach of trust, in breach of confidence and/or in breach of the Data Protection legislation in various countries.
The damage you intended for our clients has so far been limited but of course as time passes will increase. Please confirm that you will withdraw this posting immediately, in which case the problem will have been contained.
If you do not withdraw the posting, action will immediately be taken against yourself and your companies Dermagenics and AST in the appropriate jurisdictions, which will include the United States, various European countries and some in the middle east. You will have to attend to defend these actions (and in many cases they appear indefensible). If you do not attend we will request the appropriate law enforcement agencies to compel your attendance by if necessary, extradition and European Arrest Warrants.
Pinnacle Associates Limited
95 High Street,
So bring it on Mr Fraud, prove I wrote it, prove your damages and show me how I can remove a blog I didnt post to begin with. I dont know how you could ruin my life any more than you already have with your con. But it really isnt about that.
Its about sending a message to the other victims to roll over and take it.
Yes, Ian this is "big boy's" (as you are so fond of calling me in your threatening texts) post. I don't know about the others, but as long as you've been ripping off honest and trusting businessmen, I'm sure there will be many more.