( TEL: 01707638417
2 FAX: 01707638472
: E-MAIL: GLEN.TURRELL-OLDACRE@HERTS.PNN.POLICE.UK
+ MAIL: HERTFORDSHIRE CONSTABULARY,
SERIOUS FRAUD AND CYBER UNIT,
POLICE HEADQUARTERS,STANBOROUGH ROAD,
WELWYN GARDEN CITY, HERTS, AL8 6XF
Friday, 22 June 2018
Montevino Partners/ Spirited Ventures – police warning of possible recovery fraud
PS Escrow – about us
Claiming 15 years experience but website
set up in May 2018
A warning from Hertfordshire Police's Serious Fraud and Cyper Unit has recently been sent to clients of the now failed Montevino Partners/Spirited Ventures warning of possible recovery fraud by PS Escrow mediation in Dubai:
I am confident that the Dubai company has no connection with PS Escrow Inc in Los Angeles.
20th June 2018
My apologies for contacting some of you out of the blue. I was the officer asked to look at a complaint made by some customers of Montevino Partners/Spirited Ventures that the companies were responsible for committing a fraud. Although one member of staff, Mr Michael MOORE was clearly a fraudster, and has been convicted of fraud, I could not prove that Montevino Partners/Spirited Ventures was a fraudulent vehicle or that it committed a fraud (as opposed to being a badly run business).
The reason I am contacting some of you for the first time, is that I have been made aware that some former investors have been contacted by a male claiming to be a David Halliday of Pearson Stone (PS Escrow) company in Dubai, and offering to buy back wine for well over the purchase price, and offering compensation.
The company website http://www.psescrowmediation.com/ and @psescrowmediation.com e-mail domain appears on research to have been registered on 08/05/2018, and if you have had a chance to look at the website, you will have probably noticed it is rather a thin site, and contains such odd turns of phrase as
“We cannot operate a robotic service or offer a naive on-line facility as this would not aid our client’s greatest. We deal with transactions that require an unmeasurable amount of care and precision and as such do so with our client’s interest at the basis.”
I have spoken with Action Fraud, who have confirmed that have already received a complaint of fraud against this company with regards to “Park First Limited” investments, and appear to have been offering similar compensation – at a cost. I can not confirm that Pearson Stone Escrow Mediation is a fraud, however I strongly suspect that this is a Recovery Fraud (please see the action fraud information on this type of fraud by either clicking on the link (https://www.actionfraud.police.uk/sites/default/files/Fraud%20recovery%20fraud.doc.pdf) or for the more cautious of you go to the Action Fraud website and search for “Recovery Fraud”), and would recommend you are cautious if this company or a similar company contacts you – just because the telephone number appears to be in Dubai, it is very easy to buy access to a virtual telephone number that can be based anywhere in the world.
If you have paid money/given wine to this company and not received what you were expecting, I would urge you to report the matter to Action Fraud.
If you have any questions please feel free to give me a call.
DC 2133 TURRELL-OLDACRE
SERIOUS FRAUD AND CYBER UNIT