Bloo Loo Posted September 30, 2011 Share Posted September 30, 2011 How brilliant to be able to follow this from the start in this thread and how I miss Paddles and DYIV. The earlier postings demonstrate just how surveyors were in the pockets of these people and how gullible the punters were. A nurse being able to buy a portfolio of a million pounds is a good sign of how crazy things were. Nothing against nurses, just the lax lending policies that didn't prevent this sort of thing. Still, she didn't need to bleat about. She knew the risk when she bought the ticket. I say let them crash. (with apologies to Airplane). Schroedingers fat cats, the lot of them I include bankers in the list, well clearly, as in spite of contributing 20% to GDP, they were bust all along. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted September 30, 2011 Share Posted September 30, 2011 (edited) How brilliant to be able to follow this from the start in this thread and how I miss Paddles and DYIV. The earlier postings demonstrate just how surveyors were in the pockets of these people and how gullible the punters were. A nurse being able to buy a portfolio of a million pounds is a good sign of how crazy things were. Nothing against nurses, just the lax lending policies that didn't prevent this sort of thing. Still, she didn't need to bleat about. She knew the risk when she bought the ticket. I say let them crash. (with apologies to Airplane). BUILT ON SAND.... THE GREATEST EVER PYRAMID/PONZI SCAM - IN ALL HISTORY... FUELLED BY LIAR LOANS - IN A SYSTEMATIC FRAUD - SET UP BY THE BANKERS - BAILED OUT BY THE TAXPAYER.... THE GREATEST FINANCIAL SCANDAL IN HISTORY - AND JUST A FEW PEOPLE IN JAIL..... UNBELIEVABLE. :angry: Edited September 30, 2011 by eric pebble Quote Link to comment Share on other sites More sharing options...
BreakingWaves Posted September 30, 2011 Share Posted September 30, 2011 Pales into insignificance compared to Hoogstraaten. I guess what matters is the principle of innocent until proven broke. Some reading: http://en.wikipedia.org/wiki/Nicholas_van_Hoogstraten Quote Link to comment Share on other sites More sharing options...
Little Professor Posted September 30, 2011 Share Posted September 30, 2011 ......fortune was once estimated at £69m.........owned a portfolio of more than 500 properties, mostly flats in Leeds.....money laundering...bankruptcy petition over creditors’ claims totalling £3.5m...... Sounds like the perfect businessman of the last decade, if only it hadn't all gone wrong thanks to the credit crunch and global forces Almost worked out for him. He apparently opened up some swiss bank accounts just before going bankrupt, stashing away a 7 figure sum which still has not been recovered - the court took the unusual step of extending his bankruptcy order by 10 years due to his attempts to hide assets. Meanwhile the Serious Fraud Office dropped its investigation into Morris and his cohort of crooked surveyors and brokers last year - the group had been sytematically overvaluing properties several fold, resulting in losses of multiple millions of pounds to taxpayer-owned banks, but apparently the SFO could not pursue the case due to a 'lack of evidence.' If he hadn't gotten greedy and threatened this ex-business partner in 2009, he would still be home free now - out of jail and sitting on millions in hidden assets. Quote Link to comment Share on other sites More sharing options...
papag Posted September 30, 2011 Author Share Posted September 30, 2011 Almost worked out for him. He apparently opened up some swiss bank accounts just before going bankrupt, stashing away a 7 figure sum which still has not been recovered - the court took the unusual step of extending his bankruptcy order by 10 years due to his attempts to hide assets. Meanwhile the Serious Fraud Office dropped its investigation into Morris and his cohort of crooked surveyors and brokers last year - the group had been sytematically overvaluing properties several fold, resulting in losses of multiple millions of pounds to taxpayer-owned banks, but apparently the SFO could not pursue the case due to a 'lack of evidence.' If he hadn't gotten greedy and threatened this ex-business partner in 2009, he would still be home free now - out of jail and sitting on millions in hidden assets. Lots of people in Leeds have lots to say about this guy all bad as well, up to the court case he was still living the dream swanning around in flash cars etc everyone expects when he is out to resume the same life style, sad truth is our authorities are not that very clever, and finding where the cash is now is well beyond them. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 30, 2011 Share Posted September 30, 2011 Lots of people in Leeds have lots to say about this guy all bad as well, up to the court case he was still living the dream swanning around in flash cars etc everyone expects when he is out to resume the same life style, sad truth is our authorities are not that very clever, and finding where the cash is now is well beyond them. well, HE sems to be able to get it? but, its much easier to catch drop off parkers with cameras and send them a £60 spot fine. Quote Link to comment Share on other sites More sharing options...
Little Professor Posted September 30, 2011 Share Posted September 30, 2011 Lots of people in Leeds have lots to say about this guy all bad as well, up to the court case he was still living the dream swanning around in flash cars etc everyone expects when he is out to resume the same life style, sad truth is our authorities are not that very clever, and finding where the cash is now is well beyond them. Neither he nor any of his network of corrupt surveyors and brokers has ever been convicted or even prosecuted for any of their blatant financial crimes. Like I said, if it hadn't been for this unrelated blackmail conviction, Morris would still be out enjoying his hidden millions. There must be many more like him across the country. There is no willingness or effort on the part of the authorities to prosecute them. Quote Link to comment Share on other sites More sharing options...
papag Posted September 30, 2011 Author Share Posted September 30, 2011 Neither he nor any of his network of corrupt surveyors and brokers has ever been convicted or even prosecuted for any of their blatant financial crimes. Like I said, if it hadn't been for this unrelated blackmail conviction, Morris would still be out enjoying his hidden millions. There must be many more like him across the country. There is no willingness or effort on the part of the authorities to prosecute them. He will, probably get 3 years and be out in no time we all know the UK don't do justice Bit more insight into his lifestyle http://www.yorkshireeveningpost.co.uk/news/latest-news/central-leeds/simon_morris_rise_and_fall_of_the_leeds_rich_list_property_tycoon_1_3824576 Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 30, 2011 Share Posted September 30, 2011 He will, probably get 3 years and be out in no time we all know the UK don't do justice Bit more insight into his lifestyle http://www.yorkshire...ycoon_1_3824576 reminds me of Goodfellas “In restaurants and clubs people would all be sat around Simon’s table. “But all those around him were people who were paid large wages and felt an obligation to be there. None of them is in touch with him any more.” http://www.youtube.com/watch?v=o_ff46b58Hk Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted September 30, 2011 Share Posted September 30, 2011 ......fortune was once estimated at £69m.........owned a portfolio of more than 500 properties, mostly flats in Leeds.....money laundering...bankruptcy petition over creditors’ claims totalling £3.5m...... Sounds like the perfect businessman of the last decade, if only it hadn't all gone wrong thanks to the credit crunch and global forces Wonder if he has a son - lets say currently 15 years old - who could take acting lessons ready for making a speech at next years Labour Party conference - just before the leader renounces bad businesses. Quote Link to comment Share on other sites More sharing options...
Paddles Posted September 30, 2011 Share Posted September 30, 2011 How brilliant to be able to follow this from the start in this thread and how I miss Paddles and DYIV. The earlier postings demonstrate just how surveyors were in the pockets of these people and how gullible the punters were. A nurse being able to buy a portfolio of a million pounds is a good sign of how crazy things were. Nothing against nurses, just the lax lending policies that didn't prevent this sort of thing. Still, she didn't need to bleat about. She knew the risk when she bought the ticket. I say let them crash. (with apologies to Airplane). Still alive, less prolific now that the smart posters have atrophied away or got banned. Alive nonetheless though, just at peace with the new normal. Quote Link to comment Share on other sites More sharing options...
Paddles Posted September 30, 2011 Share Posted September 30, 2011 How brilliant to be able to follow this from the start in this thread and how I miss Paddles and DYIV. The earlier postings demonstrate just how surveyors were in the pockets of these people and how gullible the punters were. A nurse being able to buy a portfolio of a million pounds is a good sign of how crazy things were. Nothing against nurses, just the lax lending policies that didn't prevent this sort of thing. Still, she didn't need to bleat about. She knew the risk when she bought the ticket. I say let them crash. (with apologies to Airplane). Still alive, less prolific now that the smart posters have atrophied away or got banned. Alive nonetheless though, just at peace with the new normal. Quote Link to comment Share on other sites More sharing options...
Redcellar Posted September 30, 2011 Share Posted September 30, 2011 I bought an overpriced carpet in India once. The sense of regret lasted weeks. Well at least you didn't buy Leeds United. The sense of regret would have lasted an eternity. Quote Link to comment Share on other sites More sharing options...
papag Posted October 24, 2011 Author Share Posted October 24, 2011 He got 18 months British justice being what it is he will be out in 3/4 months http://www.yorkshirepost.co.uk/news/at-a-glance/main-section/18_months_ex_leeds_united_director_simon_morris_jailed_for_blackmail_plot_1_3901864? Quote Link to comment Share on other sites More sharing options...
eric pebble Posted October 24, 2011 Share Posted October 24, 2011 He got 18 months British justice being what it is he will be out in 3/4 months http://www.yorkshirepost.co.uk/news/at-a-glance/main-section/18_months_ex_leeds_united_director_simon_morris_jailed_for_blackmail_plot_1_3901864? Appalling. :angry: But hey! Are we surprised? Quote Link to comment Share on other sites More sharing options...
Little Professor Posted April 11, 2013 Share Posted April 11, 2013 http://www.yorkshireeveningpost.co.uk/news/latest-news/top-stories/shamed-ex-leeds-united-director-s-hidden-millions-1-5570709 The details of disgraced former Leeds United director Simon Morris’s alleged missing millions began to emerge yesterday after a court was told he hid gold bars and millions of pounds from creditors as he was made bankrupt. Newcastle Magistrates Court heard that the shamed property tycoon failed to declare eight 1kg gold bars and Swiss bank accounts as part of efforts to hide the extent of his estate to the official receiver between 2009 and 2010. The prosecutor said: “Mr Morris sold properties and moved funds to Credit Suisse bank accounts totalling over one million pounds and into the millions and the removal of gold bullion.” Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 11, 2013 Share Posted April 11, 2013 http://www.yorkshire...lions-1-5570709 The details of disgraced former Leeds United director Simon Morris's alleged missing millions began to emerge yesterday after a court was told he hid gold bars and millions of pounds from creditors as he was made bankrupt. Newcastle Magistrates Court heard that the shamed property tycoon failed to declare eight 1kg gold bars and Swiss bank accounts as part of efforts to hide the extent of his estate to the official receiver between 2009 and 2010. The prosecutor said: "Mr Morris sold properties and moved funds to Credit Suisse bank accounts totalling over one million pounds and into the millions and the removal of gold bullion." In his defence, he learned this trick from respectable bankers. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted April 12, 2013 Share Posted April 12, 2013 In his defence, he learned this trick from respectable bankers. Yup --- There are LOADS of Banksters sunning themselves in the Bahamas right now.... Gold bars hidden under their mattresses..... Quote Link to comment Share on other sites More sharing options...
long time lurking Posted April 12, 2013 Share Posted April 12, 2013 There are hundreds if not thousands of 100k plus house`s in the South Wales valleys owned buy savvy investors,bought through investment company's The only problem is they are now selling at auction for 20-40k max Quote Link to comment Share on other sites More sharing options...
Little Professor Posted August 3, 2013 Share Posted August 3, 2013 http://www.yorkshireeveningpost.co.uk/news/latest-news/top-stories/simon-morris-hid-1-5m-cash-and-gold-in-swiss-bank-1-5918904 FORMER Leeds United director Simon Morris hid £1.5m of cash and gold bullion in Swiss bank accounts in a bid to give creditors the “run around” as his property empire collapsed. Morris, 35, squirrelled away vast sums of cash in off-shore accounts as bankruptcy loomed. Investigations revealed the Leeds-born entrepreneur re-mortgaged properties and gave away cash to business associates and family members in a bid to deceive creditors and the official receiver. Morris, formerly of Ling Lane, Scarcroft, Leeds, pleaded guilty to an offence of fraudulently failing to declare eight one kilogram bars of gold and Credit Suisse Bank accounts to creditors. He also admitted a charge of failing to disclose property to the official receiver between October 8 2009 and December 14 2010. Morris, who now lives in Ilford, Essex, was given a 20-month prison sentence, suspended for two years, placed on an electronically monitored curfew, between the hours of 8.30pm and 5am, for four months, and ordered to do 200 hours unpaid work. Quote Link to comment Share on other sites More sharing options...
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