There is a lot articles about this company also a few where they defend that they have no connection to Capital Alternatives. This is confusing when the CEO Keith Millhench is also the director of Premier Alternatives and Curzon commodities. Andrew Nash of Zest Recruitment claims he is the Managing Director.
..So Mr Nash, can you please give me my money back or get my money back from your colleagues, shouldn't be that hard they are all sitting next to you.
If this is the case Mr Nash that you somehow have come to be in charge, can you please explain the following because an accountant friend of mine thinks your product is absolutely rubbish because it doesn’t make any sense.
I invested almost £19,500 in 10 acres of African Land with a senior manager at Capital Alternatives Kristan Gander. I never received any return from the investment. After nearly two years of nil returns I was offered a chance to swap my investment into 20 Hectares of a Gola Carbon Project if I invested a further £5,500. I was promised a return from the Gola project within 3 months. I agreed and paid over my £5,500. As readers have probably guessed I never received any return from the Gola project so now I am down by £25,000.
I passed my investment details to the FCA along with my experiences of Capital Alternatives.
Now out of the blue I get a call from your colleague at Sterling & Bond who wants me to invest a further £25,000 into your project Voiptel with an explanation that you can afford to do this because you will take on my carbon credits and give them a value of £25,000 so I would be getting £50,000 of value in Voiptel. I am confused how you know all the details of my original investment - and even who I invested with!
I showed this to an accountant friend and he cannot see how on earth Sterling & Bond can possibly be legitimate.
See figures I was offered:
Initial investment Africa Land £19,500 and swapped into carbon credits.
Extra investment of £5,500 into carbon credits
Total investment £25,000
Reinvest a further £25,000 into Voiptel
Total Investment that Sterling and Bond agree will now be £50,000 into Voiptel
You say you will guarantee me 13% after 18 months which is a payout of £6,500
And then I get my initial payment back of £50,000.
It has been said that salesmen get 16% commission at Sterling & Bond which is a commission payout of £8000
So from £25,000 you are going to have a net sum of £17,000. Then Voiptel will use that money to pay me £56,500. That means that Voiptel can make a profit for me of more than 200%. It is rubbish.
So Andrew Nash, show us how you can make more than 200% for me AND make money for Voiptel AND make money for Sterling & Bond. How can you explain me that the brokers seem to get a higher commission than that of the investors annual return. I have given your details to DIFC who with no doubt will investigate this further. YOU think you are out of reach from the FCA! It is financially ridiculous to think that you are not operating a SCAM.
Review about: Investment.