By Tom Winnifrith | Friday 10 September 2021
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.
So we have met the fraudster Queen who managed to float Umuthi Healthcare (UHS) HERE and established that board members were complicit in this criminal and fraudulent IPO HERE. But what of the folks who enabled or facilitated this fraud here in the City of London where ones word is ones bond? Before we turn to the fraud at the heart of Umuthi a brief mention is due of the advisers and we start with Pello Capital, a broker and adviser to Standard listed firms.