Brinkmann-May Ltd punted investments in carbon credits. The company is now in the process of being closed down by Companies House for non-compliance as the latest accounts are overdue since 30.9.2012 and the annual return since 10.5.2013.
or for a free valuation, please email firstname.lastname@example.org'
Why a long established and reputable company like Bordeaux Index Ltd would want to be publicly associated ('as one of our industry partners'?) with Stanford Barclay Ltd, with its highly dubious pedigree is a considerable mystery. It is quite possible that Bordeaux Index Ltd is unaware of this claim on Stanford Barclay's website and also unaware for the warning issued by the FCA against the associated company – Brinkmann-May Ltd. (*18.4.2014 – see below.)
I understand that Stanford Barclay Ltd may be having problems finding a bonded warehouse prepared to accept their custom. Billy Stevens was told by Private Reserves Ltd that they certainly didn't want their business. Stevens told Private Reserves that Octavian Vaults, with whom they have had an account, has now told them to take their business elsewhere.
This looks to be an encouraging sign that bonded warehouses are becoming much tougher and wary about accepting dubious wine investment companies. A tough stance by the warehouses would certainly be in their interest as these wine investment scams do nothing for the reputation of bonded warehouses as the fleeced punters often assume, entirely incorrectly, that the warehouses are part of the scam. Furthermore when the company disappears, goes bankrupt or is closed down then this involves the bonded warehouses in a lot of unpaid work trying to sort the mess.
I fear that Stanford Barclay Ltd seeks to persuade investors to sell their wine, which does have value albeit currently lower than it has been, in exchange for dubious or worthless investments in gold, natural rubber, graphene or whatever Billy Stevens decides is the investment of the moment to punt.
18.4.2014: Twitter conversation: 'Arrangement' with Stanford Barclay Ltd news to Bordeaux Index: