blackmorebonds.co.uk

BEWARE: As at 3.8.2019 Blackmore has not paid me my quarterly interest even though I have spoken to them on three occasions when they have assured me that payment is in the system. No longer trust them and wish I had not taken on this very risky investment.
7.9.19: TO BE FAIR, I need to report that although one week late, I have now received the interest payment.

This has the feel of a Ponzi type fraud to me. I.e. money received from investors has been used to pay the high interest rates offered. This money soon runs out and leaves the company unable to make future payments. I could be wrong, I hope I am!

Naughty of Blackmore to delay making the 31st July payment until 7th August.
But at least they have paid it.

There was an article in the Times newspaper on the 1st January. Mr McCreesh has quoted that he will be paying the delayed and the January coupon interest this month. This remains to be seen but as per the terms and conditions of the bond there is a 90 day period before Blackmore are in breach of their own terms so it would be in their interest to pay on time.
Although everyone is concerned I think we need to see if Mr McCreesh is true to his word and the interest is paid before the 90 day breach.There is no doubt that there has been a down turn in the property market over the last 18 months so some comments Patrick McCreesh has made are plausible.

Blackmore Bond delaying its quarterly payment for the second time. Company is not providing investors with any information. Not answering phone calls. Not replying to emails. Blackmore Bond told investors about their Capital Guarantee Scheme which insured investors up to 75,000 through Ion Insurance Group. Who are Ion? Where are they located? Where is the proof that such an insurance policy exists? Blackmore has been asked for this information but will not provide it. Does anyone know who the Ion Insurance Group is??

I thought I was the only one not getting any response or my money back ! They seem to be a lot of investors here and Facebook who is/went through what I went through with Blackmore. I joined the Facebook group and also Donated to the cause of filing a lawsuit with a lawyer. I also took the initiative to find a consulting/recovery firm who have experience with companies like Blackmore. Not only have they been able to Successfully processed my funds back to me, they have also taken responsibility in making sure this does not happen to anyone else. If you have any questions or concerns kindly Email me at SuzannaSwanson at Hotmail Com) Stay Safe and have a productive week ahead