Allan Graydon, the Chartered Accountant that was not, established fruitful relationships with reputable entitiesto sell Equity Release schemes.
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Danske Bank did share offices with Graydon, and they have admitted to this, so no troubles here. Allan Graydon was also partners with Norman Steele who, according to the South African financial regulators, had an arrest warrant out for illegaly conducting financial investments on behalf of customers.
PriceWaterHouseCoopers name was prominently displayed as a collaborating partner, but there are no further news from them.
KPMG’s name is also mentioned but then vehemently deny any involvement in the scheme. Their name is however mentioned on the Danske Bank promotional literature.