A few days ago our hosting service received a false copyright claim from a Mr Abdul Halim Al Ghazi. He claimed that an article we wrote on 4th February 2020 titled “We Review London European Securities’ unregulated bonds paying 5.5% per year” was a copy of his original work and requested its removal.
We know that article was written by our staff so when something like this happens it normally means that the company involved is planning to raise more money or is in trouble and wants to remove negative articles. We don’t know the current financial position of London European Securities Ltd, but it would be sensible for its investors to check for themselves and take steps to protect their investments.
In order to prove to a hosting company that he wrote the article Mr Abdul Halim Al Ghazi has to point the hosting company to what he claims is his original article. This means it is still visible. Therefore, we have no problem pointing anyone interested in the original article to the webpage – LINK. To be honest, Mr Al Ghazi was not expecting this so we now have two articles instead of one. His article (which is a copy of our original article) and this one. That’s called shooting yourself in the foot.
If you intend to read the original article we recommend you do it as soon as possible because we doubt that Mr Al Ghazi will leave it up for long.
So, now we find ourselves reviewing London European Securities Ltd for a second time.
The original investment offer contained differing investment returns. A facebook post claimed the returns started at 4.9% whereas the promotional material quoted returns of 5.5%. The returns were described as “secure and protected”. Quite a few of Martin Young’s former companies have ended up in an insolvency process.
Corporate bonds are now regulated by the FCA in the UK. The funds raised by London European Securities are used for commercial lending. That must be difficult in this current climate with borrowers struggling to recover after two years of Covid and now the war in Ukraine. Investors will be hoping Martin Young is up to the task.
Asset-backed loans are not secure because if the company goes into administration or liquidation there is no guarantee that the asset values will be sufficient to refund investors. This risk applies to any loan note even when it claims to be “secured”.
As with any individual loan note to a small unlisted company, this investment is only suitable for sophisticated and/or high net worth investors who have a substantial existing portfolio and are prepared to risk 100% loss of their money. Investors should seek professional legal and financial advice before considering an investment in loan notes or corporate loans.
Before investing investors should ask themselves if they have a sufficiently large portfolio that the loss of 100% of their investment would not damage them financially?
