Ian Adlington Newport Capital, Masha Karubian, Piranha Fund, Pinnacle Associates Bank Fraud, Wire Fraud, Conman Steals Hundreds of Thousands LOS ANGELES California

Here is some insight into Ian Adlington and his origins.
  
In the early 80’s Ian Addlington won a contract for the then Greater London Council to provide a PC based bonus calculating system. This was in the days of 8 bit machines and the Mac had not yet emerged. Ian was very impressive, in his mid 20’s, he wowed and charmed all those around him, including me. As he had absolutely no means of delivering the contract he won, he sub contracted to my fledgling business and we started the build.

The idea was we would merge businesses, and we would have mutual directorships and shareholding. Almost a month into the build he returned from the Channel islands (famous for tax dodgers) with new business entities set up, of which I was neither director or shareholder.

The alarm bells went off big time, and it was apparent that I would deliver with my staff, a costly project with big margins, and then have to fight for the money. I had to stop any payment to Addlingtons company.

In this case the good guys won, and I went to the Leaders of the GLC and put my case, as we were capable but not contracted, and he was contracted but not capable. For 24 hours we could have been canned and lost all the time and effort put into the project, but the GLC saw sense and Addlington for what he was – a smoke and mirrors merchant and we were awarded the contract.

He tried really hard to get at us through the politically elected leaders of the GLC, but we have already delivered a substantial project successfully, and were working on the next.
  
The really sad thing is that he has great sales ability and a strong intellect, and if he had stuck to the original agreement we would have been successful and built a major IT business, as we were miles in front of everyone else. I went on from here to build such a business and sell it a few years later for substantial gain.
  
He will of course have a different version of events, and it saddens me to see such an obvious talent wasted when idly trawling to see what had become of Ian. It seems that Ian is morally bankrupt and has been for a long time.
  
Best wishes 
Andrew