Attempts by MP Huw Irranca-Davies to seek a plausible explanation as to the purpose of the Credit Select tax-evasion facility, and the effects it has had on purchasers of this mortgage/financial scheme, has been met with indifference by an ubiquitous Claire Whittet, from Rothschild. The below email was sent to ERVA from the office of MP Huw Irranca-Davies, together with Rothschild`s formal answer:
Further to a recent meeting between representatives of Rothschild and Huw Irranca-Davies MP, the following letter was received. (attached)
Rothschild have agreed that this can be publicly circulated, so I have posted this on the ERVA site and Huw hopes it may be useful.(hopefully tomorrow/Friday)
Huw Irranca-Davies reiterates that he cannot – for reasons of parliamentary protocol and resources – enter into individual correspondence with individuals other than his own constituents. Where individuals have a direct or clear familial link with a UK parliamentary constituency you may want to approach the relevant Member of Parliament for that constituency. Huw is happy to discuss the issues with any other M.P’s and to collaborate where appropriate.
Nothing new there then. Bla, bla, bla. Yes, we all know about Standstill Agreements etc. etc., but it’s interesting to note there is absolutely no mention of the way this product was sold by their agents, no mention about Inheritance Tax evasion, no mention about the high risk funds (sold as low risk) approved by Rothschild, no mention about “sign on the dotted line and say goodbye to all you’ve achieved over your long, hard, working life”.
But thank you Huw Irranca-Davies MP for trying, and taking an interest in our plight. Sadly, I believe you’re up against the biggest banking institution in the world, and I don’t think they got there by being Mr Nice and ever saying “Sorry, we made a mistake”. Of course, I could be wrong, and they’re whiter than white . . .(?)
Fraud by false representation is a criminal offence, punishable with a maximum of ten year prison sentence yet the so-called “regulatory authorities” which are charged with “policing” such activities’ in the lawless tax havens (such as Luxemburg and the Isle of Man whose governments host these swindlers) conveniently refuse to take any action against this illegal behaviour.
It appears that robbing the elderly is perfectly acceptable, providing you are prominent and registered offshore in some disgusting tax evasion jurisdiction
All those involved in “marketing” and profiting from the equity release tax evason scam are motivated solely by greed to acquire money by any means including stealing pensioner’s life time savings and property assets.
Their false claims such as “Low Risk” and regular/substantial income and legal tax mitigation schemes are cynically abused to shamelessly steal from the innocent and elderly.
Many people have suffered horribly from their illegal activities and it is clear that their unforeseen financial loss has caused them to suffer mental and physical illness whilst others have died prematurely as a result of trauma and anxiety forced upon them by these miserable wretches who masquerade as bankers, fund managers and financial advisors
The impact that this loss is having on thousands of peoples lives can be assessed in one word .. Catastrophic. Meanwhile their mealy mouthed tormentors publish feeble excuses in the knowledge that ultimately they will receive “protection” from the squalid tax havens who host their nefarious activities.
As expected, and a typical sidestep “reply” from Rothchilds.
A request for an explication for their proven active participation in the mis-selling in Spain, of their own product now shown to be illegal, is met with more of their outrageous gall and pomposity.
In fact they attended seminars in Spain and Mallorca, gave speeches and shook hands with myself among other intended victims as myself, while praising the merits of their own designed “Spanish Inheritance Tax Mitigation” scheme, but when I first asked for their explanation of the previously unmentioned 20% commissions stolen from my funds, they lied and denied that it had happened.
Clarify that Ms. Whittet.
Power corrupts and the faith and confidence that the public places inglobalised financial services industry is cruelly misplaced. These corrupt and greedy people consider themselves to be “untouchable” as they hide away in secretive offshore tax evasion centres like the Isle of Man and Guernsey protected by equally fraudulent “governments” who not content with conspiriring to rob countries of their legitimate tax entitlements (amounting to £billions) would turn to stealing from their own grand mothers.
We are dealing with the lowest forms of humanity – people who will resort to any means to acquire money by reducing themselves to the degradation of robbing the vulnerable and elderly.
One day the full enormity of their appalling practices will be exposed …
Mortgage, what mortgage, I never asked for a mortgage.
Roths are perpetuating the myth that we all wanted a stinking mortgage, no no no we were conned.
There is no defence for Rothschilds actions in this case, it was deliberate premeditated robbery, no more no less and should be regarded as such.
We all know that the CreditSelect 4 Loan facility is not a mortgage under the Spanish tax system.
That attempting to offset a mortgage as described above would constitute tax fraud, pursuant to the General Tax Act 58/2003
That a calculation for IHT cannot take into account, and be reduced by, the value of the mortgage loan as logically, the mortgage loan is not considered to be a charge on the property but a personal loan.
So why is Claire Whittet perjuring her self with this statement. So can it be used against her in court.