European Property Coin is a scam digital currency investment operated by Clear View Marketing Services Ltd, otherwise known as Clear View Trading. In January 2019 Safe Or Scam emailed investors who had contacted us over the previous nine months. We requested information on the bank accounts into which investors had been asked to pay their investment money. It has taken us a long time to break through the “data protection” and “client confidentiality” excuses that banks use to protect the identities of scammers, but we have finally managed it in the case of European Property Coin.
Investors are often shocked to learn that neither their own bank nor the recipient’s bank will tell them who owns the account that received their investment money. Even if the investor acts immediately and is successful in the long and arduous process of recovering money, neither bank will tell them the name of the account holder. By protecting scammers in this way the banks are preventing investors from being able to take any action in the courts to recover their money. It is not possible to take a party to court if you don’t know who they are !
It is quite an achievement for us to have found a way to lawfully force disclosure by the banks. So.…. going back to our request for information on the banks and bank accounts used by the Clear View scammers, we were expecting to find that they had moved around a bit. That is a standard practice by scam companies i.e to use an account for a while, close it down and then open a new account at another bank. Clear View has been scamming investors for almost three years so we expected to uncover maybe five or six accounts. At this moment in time we have discovered twenty one bank accounts. We expect that number to increase as some investors have yet to provide information.
The pleasing thing for us is that Clear View Trading / European Property Coin is a clear fraud. This means that the owners of those accounts were either founders or accomplices in the fraud. They will be facing criminal charges and that tends to loosen the tongues of those who don’t fancy going to prison. In amongst those accomplices are at least two accountants. One of them is Yasir Gul of G. and S. Accountants, formerly of Know Tax (High Wycombe) Ltd which was dissolved without filing any accounts. Mr Gul is an accountant (allegedly) and will know that it is a legal requirement to file closing accounts when a company is dissolved. That must have slipped his mind. Not a good advert for someone who claims to be an accountant.
The other accountant is Graham Andrew Arnott of Jade State Wealth. Mr Arnott seems to be a very bad judge of character because Jade State Wealth was involved with the £13.5m Essex and London Properties scam which was the subject of a fraud investigation. He also provided services to the Osage 1, Phenco and associated oil companies scam. These oil companies took in at least £14.5m.
To read the previous blog on European Property Coin, click here
To read the previous blog on Essex and London Properties click here
To read the previous blog on Osage 1, Phenco and associated oil companies click here