Albion's outright fraud now finally revealed in 1/2 year filings on 22 October 2024 - just in time for next week's High Court hearing.

 Well, well, well.

Or should that be Will, Will, Will.... or WTF as is his acronym at the FCA

On 22 October Albion filed 1/2 year detailed unaudited statements for the VCTs that are to be merged and disappeared that includes the disclosure that QUANTEXA shares have miraculously risen in value by 25% in less than 3 months and "saved the bacon" of all the VCTs.

Now they are finally worth the price Albion paid in April 2023 for the Series E shares - £733.30 and the price they have been telling everyone they have been worth all along - just not for audited accounts and FCA purposes.

That means the Albion members and staff are entitled to collect their "carry" on the shares they sold to Albion's wholly owned subsidiary less than a year ago - £3,000,000+ by my reckoning and all paid for by the saps at ABRDN Asset Management, Hampshire County Council Pension Fund and Felicitas Global Partners

... and don't ever forget the carry payable on sweetheart deal given to the now ex employees of ABRDN by them personally profiting from their membership of the separate fund that actually bought both the Series E shares and then cheap Series A at a 20% discount a couple of months after they invested ABRDN and HCCPF monies in the scam.

Not only did Albion lie in the Quantexa audited accounts and at the AGMs of all the VCTs except the one still to come in late November, but all is now clearly revealed as having been a scam from start to finish for the personal profit of WTF and his cronies in Benjamin Place. Let us hope the Chancellor does the right thing later today and at least takes half of the illicit gains of WTF and the Albion Capital Group llp members and staff.



And all exposed because someone didn't file their accounts at Companies House on time and it triggered a "red flag".

Anyone awake at the FCA? 




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