ShareProphets

The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join ShareProphets at less than 2p per article

> All the big AIM fraud exposés

> 300 articles and podcasts a month

> Hot share tips

> Original investigations by our experienced team

> No ads, no click-bait, no auto-play videos

Find out more

Fruitcake backers Arron Banks & Jim Mellon plus AIM dog Manx Financial get Private Eye duffing up

By Tom Winnifrith | Wednesday 24 May 2017


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.


Arron Banks is a big UKIP backer as is his pal Jim Mellon, although the old asset stripper of Uramin infamy is not actually allowed to vote in the UK as he lives offshore in the Isle of Man. Private Eye this week looks at how the two men have not exactly prospered by backing the underperforming, sub scale, IOM-based, AIM-listed, bank Manx Financial (MFX). It also questions whether Banks is as rich as he claims. Enjoy...

 


Click for larger image


Filed under:


Never miss a story.




This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.


More on MFX


Comments

Comments are turned off for this article.


Site by Everywhen