During May and June, Safe Or Scam successfully recovered money for two clients who invested with MCI Sales Ltd, now renamed as TSM Corporate Services Ltd (“TSM”).

MCI Sales, also known as MCI Developments, MCI Corporate and MCI Management, changed its name to TSM Corporate Services Ltd in August 2017. It may have been driven by the portfolio of scam investments it had been selling to ordinary members of the public and the resulting bad reviews linked to its name. The key people involved in TSM are Matthew Cullum, the company director, alongside his right-hand man Thomas Scotland. They live in Deal and Folkestone areas. We have the home addresses.

Recognising their involvement in multiple scams was likely to damage their ability to attract new clients, and already having a database of investors built up over many years, Matthew Cullum and sidekick decided it was time to establish their own investment proposition. They did so under the branding of ‘South East Property’.  Their offer to investors was a short-term bond, typically two years, paying a high interest rate. Contracts were originally in the name of MCI Sales Ltd and more recently TSM Corporate Services Ltd.

Unfortunately, investors often didn’t receive the promised interest payments.  When they chased up the payments they were met with delaying tactics.  When it came time to repay the capital Cullum and Scotland stopped responding to investor emails. They just didn’t pay.  TSM Corporate Services are still selling their bonds.

Investors contacted Safe Or Scam with their concerns. We have successfully recovered the full investment + interest + costs + our fees for two investors and are now involved in the funds recovery process for a third investor.  If you are an investor who took out a bond with MCI Sales Ltd or TSM Corporate Services Ltd and you have been experiencing interest or capital repayment difficulties, please contact us. We may be able to help.