Ever since Mr. Dewsnip turned up at a Marbella Court -15 days ago- to help his former company bash equity release pensioners seeking justice, his fortunes have been reversed. Tipped by lawyers acting for ERVA, the Marbella Judge ordered Mr. Dewsnip -who had been issued with a search warrant- to provide an address in Guernsey for notifications and further remitted the findings to the Denia Court.
The Judge presiding over this case in Denia has lost no time and ordered claimants’ solicitors to submit a list of questions that he will have to respond at the appropriate Guernsey Court. This deposition will be made via “letter rogatory”, as with Baron David de Rothschild.
Why are these people so enthusiastic about advising victims to re-mortgage their homes?
* Are they on a philanthropic mission to help pensioners and the elderly?
* Is it to release equity to provide their victims with some “working” capital?
* Or transfer victim’s capital/equity into a “mortgage debt” to evade the tax man?
To find the answers follow the commission trail – payments made to a large number of people involved down the “food chain”. Clearly the salesmen will be paid a commission relating to the size of the mortgage and the bank financing the mortgage (and indeed the entire wretched business) will demand another commission.
But the real money is made when the poor unsuspecting victim’s money is put into one of the useless “investment funds” chosen to provide a cash flow to pay back the mortgage. This is when a flock of vultures, salesmen, lawyers, accountants and more bankers really start to rip off even bigger commissions.
Inevitably the useless “investment fund” haemorrhages into collapse and that is when the bankers come for the remaining equity in the victim’s home – and the keys to the doors.
Not nice. Not nice at all. Particularly as it is illegal!
Excellent news of course, but how impartial the “appropriate Guernsey Court” w will be when charged with dispensing the list of questions contained in the disposition remains to be seen..
Guernsey is a self-governing Crown Protectorate renowned for its impenetrability and secrecy in matters relating to banks and financial transactions – and although it is suspected that £billions a year pass through its jurisdiction in a money laundering industry, which allows cunning lawyers and accountants to wash the proceeds of tax evasion, drug commerce, arms dealing and other less than savory activities , its inaccessibility makes it almost impossible to expose these trickeries.
Guernsey, along with Jersey and the Isle of Man, remain inscrutable and firmly in the grip of powerful and vested interest. Which is precisely why some operations are based there.
Perhaps Mr Dewsnip will be considered “expendable” and an embarrassment to be cast adrift to fend for himself. The “Bankers” do not tolerate damaging publicity and quickly distance themselves from it… by setting up scapegoats, guilty or otherwise.
It would appear Mr Dewsnips world is now falling apart. He was the chairman of the Guernsey football club but he has just stepped down with no notice. He was a director of a company called Providence in Guernsey but Providence is now part of a big ponzi scheme fraud with worldwide offices that are all being investigated. Mr Dewsnip seems to go from one disaster to another. Here are some links that were sent to me.
http://www.itv.com/news/channel/update/2016-08-26/guernsey-fc-chairman-resigns-citing-family-and-work-reasons/
http://www.gfsc.gg/The-Commission/News/Pages/Providence-Global-Limited-.aspx
http://www.miamiherald.com/news/business/article99046007.html