“What Fraud?” MacAnthony Asks!

Many on the MRISG Forum ask the question and make allegations against Darragh MacAnthony and his former Directors and Sales Staff?  However, Dominic Pickering and Darragh MacAnthony appear to insist that the fraudsters are the MRISG members.   One part of the MacAnthony Scam will be heard in a Spanish court on January 25th 2012 members wonder what he will say about that.

In the UK the legislation about Fraud is very clear covered by the Fraud Act 2006.  However, other countries have their own legislation…. which normally amounts to the same but under differing legislation and wording.

Consider the facts and Judge for yourself:

MacAnthony Realty International web of companies were set up in Spain then the UK, Ireland, Bulgaria, Cyprus,  USA etc.. This would suggest a well established and expanding international company with branches all over the world all being in turn controlled by a central company in Luxembourg.  This would not be at all unusual for a large and expanding corporation but at the end of the trail you would expect to find a responsible management company run by independent professional directors and shareholders who take responsibility and control of those other subsidiaries and not the very same directors of those subsidiaries….  With MRI unfortunately the trail goes cold at this point and it then appears, with 20:20 hind sight, that the whole set-up was to filter cash away from the other, apparently legitimate companies, to another country and directly into the pockets of the directors and shareholder/s side stepping the tax authorities in each country.

MRISG

In what has been described by MRISG Members as the largest property scam uncovered in years, they have found is that the very network of companies, dubious deals, false advertising, boiler room sales teams and sales team lies and miss-representations has protected Darragh MacAnthony  from prosecution by authorities in every country.  Weather by design or by accident it worked well by the deceptions takes place in one country, the contracts are with companies in another and the money is transferred to a third company in yet another country.  The last and possibly the best twist to the scam is MRI employed, apparently legitimate, Lawyers like Martinez-Echevarria and Emily Lemoniati to act for their clients (some would insist they were just victims).  The evidence has later emerged that these lawyers did not act in the best interests of their clients and would appear to have been an intricate and complicit part of the whole MacAnthony Scam from the beginning.  Although they can all post their views below if they think this not to be the case.

The Serious Fraud Office in the UK have, despite Darragh MacAnthony’s and Dominic Pickering’s protestations, investigated their web of companies and found that the very jurisdictional advantages used by international fraudsters had been exploited to the full by MRI to avoid prosecution:  No single country has the specific jurisdiction for any specific fraud because different parts of the scam were carried out in different countries and monies ‘laundered‘ through other countries.

The lawyers Carter-Ruck and in particular Adam Tudor and Isabel Hudson were also very effectively used to, quite legally, threaten and frighten anyone who dared to publicly speak out about the scam thereby keeping the majority of the public ignorant of the wider scam of the MacAnthony group of companies from as early as 2007 or 2008.  As a result numerous websites were attacked by Carter-Ruck who used the ludicrous UK Libel Laws to either shut them down or force them to remove negative, but probably truthful, allegations against their clients, MacAnthony Realty International.   However, you read this now due to the efforts of a US based team of IT experts who consider this sort of censorship as aberrant and a breach of every person’s right to freedom of speech.

What is more frightening is that all the law firms involved in this scam continue to operate as, apparently legitimate and trustworthy outfits.  Every one of them has a responsibly to the law in their own country but failed due to greed, stupidity or intentional criminality to allow MacAnthony and his directors to pull off his scams.  Those lawyers need to look closely at the moral arguments, issues and not just fall back on their very fat wallets.  Will we see any of them struck off…. Don’t hold your breath they are above the law in virtually every country because they consider themselves to be the law and anyone saying otherwise will be censured.

It would be nice to see some comments in defence of MacAnthony, Carter-Ruck and others but the MRISG doubt that any would be forthcoming.  If you have any reasonable explanation for the web of companies set up and controlled by Darragh MacAnthony please speak up because our Lawyers and Law Enforcement Officers have no other explanation.