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Report: #1410643

Complaint Review: Iain Stamp - Portsmouth England / Portsmouth

  • Submitted:
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  • Reported By: Anonymous — Burlington Vermont United States
  • Author Confirmed What's this?
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  • Iain Stamp Portsmouth, England / Portsmouth United Kingdom

Iain Stamp Iain Clifford Stamp Iain Compton Stamp PP Financing PPF Capital Source Defrauding Investors England /USA Portsmouth England / Portsmouth

*Author of original report: Broken Links

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Iain Stamp was running what is essentially a platform trading scam through his company PP Financing. He has gotten better and better and making legitimate looking websites and changing the names of his companies to conceal the scheme underneath, but use internet archives to look through his old websites and you can see how plainly his investment offerings are run-of-the-mill scam techniques. I am certain his recent companies are just as fraudulent.

Iain Stamp seems to have taken the website down, but it is not erased from the Internet archive. For example, compare his old PP Financing "proposition" to FBI and SEC scam warnings and see how much it matches up, claims that he can trade bank debentures and SBLCs for large profits, for example. The "origins of funding" section of that version of his old website is also gold. Textbook scam artistry:

web . archive . org / web / 20141006082536/ ppfinancing . com:80/Proposition.htm

And here is the FBI page warning against these types of scams:

fbi . gov / contact-us / field-offices / honolulu / news/press-releases / fbi-warns-public-about-platform-trading-investment-scams

At the bottom of that FBI page there is a list of phrases that are "red flags" for investment fraud. The majority of these terms appear in Iain Stamp's "proposition" and other sections of his website. They are fancy looking words used to trick people into giving money to con men.

This link from the SEC is also useful to understanding his scheme: sec . gov / oiea / investor-alerts-bulletins / ia_primebankscam .html

Iain Stamp has been defrauding people for years.  Now look in the news - people are finally asking questions about how he managed to "lose" 5 million in investor funds through his sham Ireland companies.

thetimes . co . uk / article / english-funder-urged-to-explain-missing-5m-jwrkkrkb8

I am willing to bet about as much that this money is now sitting in an offshore account he controls.  Even when he operated a "legitimate" company, Integrity Financials Solutions, he misrepresented the level of risk involved to retirees who lost everything as a result. Since then he has decided to simply engage in all-out fraud. He is a parasite and I hope that recent news on investor anger means that his crimes may have finally caught up to him.

This report was posted on Ripoff Report on 11/06/2017 02:10 PM and is a permanent record located here: https://www.ripoffreport.com/reports/iain-stamp/portsmouth-england-portsmouth/iain-stamp-iain-clifford-stampiain-compton-stamppp-financingppf-capital-source-defrau-1410643. 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. READ: Foreign websites steal our content

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#1 Author of original report

Broken Links

AUTHOR: Anonymous - (United States)

POSTED: Monday, November 06, 2017

D'OH! Here's a second attempt at including the links I referenced:

Archive of Iain Stamp's PP Financing website

FBI Warning on Platform Trading Scams

SEC Warning on similar scams

Investor questions on Iain Stamp's lost 5 million in  funds

 

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