By Tom Winnifrith | Tuesday 26 June 2018
Another email from Julie “Lingerie on expenses” Meyer has arrived at Winnileaks and shows unequivocal evidence that she has been engaged in fraud. This is from August 2017.
The attention to keeping her expenses up to date as all around her staff, suppliers, banks and HMRC were not being paid by Ariadne Capital Limited (now in administration) is something that administrator Andrew Duncan at Leonard Curtis will have a butchers at. But the key phrase here is the admission that invoices for services provided by Entrepreneur Country Global ( ECG) were in fact issued by Ariadne Capital Limited.
ECG accounts for calendar 2017 are now out and, as you can see HERE, there was no regular sales, the only income – classified as “other” is an R&D tax credit of £404,000. That itself is very dubious given no R&D was undertaken as discussed HERE and HMRC is investigating that claim.
The point is that with ECG having no declared income Julie is fessing up to the fact that Ariadne is booking ECG income instead. That matters because as of November 2016 100% of ECG was owned by the ACE Fund (other people’s money) not by ACL. So an investment of the fund kis being deprived f cash in order for Ariadne to take that cash to keep the show on the road.
Worse still, Julie was using the inflated profits of Ariadne to try to solicit investment from other investors into ACL and latterly ACGL so investors into the parent were also being defrauded because they were investing on the back of a false prospectus! See the email of 6 October 2017 provided by Winnileaks HERE
The email below email shows that Julie Meyer was committing fraud. At what stage will the authorities act? The wheels they are a turning….
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