Prince William’s brother-in-law, James Middleton, represented Matt Ames’ Ponzy scheme
Hey… told ya so! The Ames family was all over Kate Middleton’s brother like parasites.
The son of Harlequin’s David Ames has been charged with two counts of fraud. £1.2million is missing from investors’ pockets and Matthew Ames is charged by police.
The moral of the story? If you’re going to steal, steal big. Make it too big to fail, involve politicians up to their necks so you have some insurance – then you’ll not be taken down. Matt should have followed his father’s example and he wouldn’t have had any trouble. Oh well, maybe next scheme!
Now folks, you should visit the Echo-News website to read the story, but with the Harlequin related news we have to print the whole thing here because some of those stories get yanked and then where would we be? If we’re going to comment on this story, we have to keep our sources ya know!
Fraud charges for green firms’ boss
THE BOSS of two “green” finance firms which allegedly took more than £1.2million from investors has been charged with fraud.
Laindon-based Forestry for Life and the Investor Club allegedly took hundreds of thousands of pounds from people who paid into environmental investment schemes involving teak tree plantations and rainforest protection projects.
Matthew Ames, 37, from Goldfinch Lane, Thunderlsey, who ran both businesses from a converted farm barn in Dunton Road, Laindon, has been charged with two counts of fraudulent trading.
The firms were investigated by City of London Police specialist fraud unit following a referral from the Financial Services Authority.
Ames, the sole director of both companies, was arrested at home in September last year.
A police spokesman said: “Matthew Ames has been charged with two counts of fraudulent trading.
This relates to investments made in teak trees concerning The Investor Club and carbon credits for Forestry for Life.”
One charge relates to the Investor Club, which was set up in 2008, which allegedly took £846,494 for investments in teak tree plantations in Sri Lanka.
The other concerns Forestry for Life, set up in 2009, which allegedly took £443,327 from investors keen to protect rainforest in Brazil and other third-world countries.
Forestry for Life was briefly represented by Kate Middleton’s brother James Middleton, 25, at a green trade fair in October 2010, where former energy secretary Chirs Huhne was shown the investment, but severed all links with the company soon after.
He is understood to have had no knowledge of any alleged wrongdoing or involvement in the investigation.
Forestry for Life allegedly offered guaranteed interest of 12 per cent for three years for minimum £25,000 investments which were said to purchase carbon credits.
Police investigated whether Forestry for Life owned any rainforest land or carbon credits at the time of taking the investments.
Both firms were placed into liquidation in March 2011 with alleged combined debts of more than £1.6million, including trade creditors.
Insolvency practitioner Begbies Traynor, based in Southend, which handled the liquidations allegedly found they had £310 left between them in the bank. It is also separately still investigating the finances on behalf of creditors.