UK 22:42 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In this part of the bearcast I go through all the frauds admitted to by Quindell today, the bungs, the lies, the non disclosures, the revenue recognition issues, the panama pumps. Most of this has been revealed on this website already but today Quindell fessed up. What we said abut Himex, TMC, Jon Stretton Knowles, the fraudster Rob Terry...it was all true. And that means that Rob Terry WILL go to prison for this. And so will others.
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Comments
MrMoto
What I always find amusing is the eerie silence from the Winnifrith/Shareprophets bashers when RNS’ like todays come out, but there is always the odd ostrich who thinks everything is still fine. Plus the are OBSESSED with thinking everyone is short!! As opposed to just highlighting when a stock is shite or a fraud, for the reason that, it is!!!
Good work SP team, as ever.
DUCK AND DIVE
Yes, vindication must be very sweet. Congrats to you/SP on your investigative journalism and relentless campaigning. Will you now win the ADVFN Blogger of the Year Award — or has it been too badly tarnished to be worth winning?
And congrats to the silent majority of scammed Swindell PIs who will now surely have their losses made good out of a combination of Terry’s assets and QPP’s cash pile. I fear they may have to wait a couple of years though.
The chances of the touted £1 per share cash distribution happening in a couple of months must be somewhere between slim and none since any spare cash must be ring-fenced pending the outcome of litigation.