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Umuthi - The Standard List fraud that exposes the slime at the heart of the City of London, part 6: there is no actual business here at all

By Tom Winnifrith | Saturday 11 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 far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in  the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom. Then we established that nobody actually knows how many shares there are in issue. Now for a real killer. Does Umuthi actually have a  business? 

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