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By Tom Winnifrith, The Sheriff of AIM | Monday 12 October 2015
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.
A letter received today from the Financial Reporting Council confirms that it extended its enquiries into the fraud at Quindell (QPP) to take in a wider remit as a direct result of my action. I am thanked for this and it gets better still.
The accountancy watchdog confirms that the charges I levelled were accurate and fair. And it has also confirmed that on the matters raised it has now “opened a disciplinary investigation.” The FRC has the power to levy huge fines and bar folks who have transgressed from working as bean counters. Rob Terry and Laurence Moore I hope you are shitting bracks as the FRC does not mess around.
And to all those Bulletin Board Morons who claimed that I do not understand accounts, did not know what I was talking about and that no-one listens to me I just say:
“fuck you…its time to apologise to the Sheriff of AIM as this is a massive vindication of my efforts.”
I am rather proud of getting this letter and it will certainly be framed and will go on my wall.
You can read the letter in full HERE
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