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By Tom Winnifrith | Monday 17 September 2018
Julie "Lingerie on Expenses" Meyer's flagship ponzi Ariadne Capital Limited went into administration on 15 December 2017. At that point Ms Meyer would have been breaking the law if she, rather than the administrator, had acted for the company. But laws are for little people are they not July....
If you check the documents below you will see that Ms Meyer can't even break the law properly, filing incorrectly at Companies House. But you will also see that she filed an asset transfer on January 17 2018! Naughty naughty. This was the transfer of Ariadne's shares in ECG to Julie's ACE Fund which was booked as a sale in November 2016 to help cook the Ariadne books by creating a huge profit. But ACE - having no cash - never paid for the shares. So if it did not pay surely the administrator would argue that ECG belonged to Ariadne - perhaps that is why Ms Meyer made the illegal transfer.
Naturally I have passed this flagrant breach of the law onto the administrator who continues his enquiries - as do others - into the demise of Ariadne.
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