Reply by Holborn Assets

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Author's
Bangkok, Krung Thep
7 comments

I asked this company holorn assets in dubai and was advised by a welsh person called aywyn owens to take out a 20 year savings plan with a company called Friends Provident international.I told him that i had just moved to dubai from the uk to work for emaar i was only on a short term contract.

i was unsure how long i would be in dubai. he told me it didnt matter because if i went back to the uk i could stop the payments with no penaly. i signed up for 2,000 dollars a month thinking all would be ok. my contract finished and i went back to the uk and could not afford to carry on the savings plan.

i tried to contact alwyn and holborn assets to stop the plan but was advised i could not or i would loose all my money. i had paid in just over 36,000 dollars. i eventually got hold of the owner of the company a chap called Bob Parker who simply said there is nothing he can de.

i have been ripped off and alwyn and lost the money i would have had while working in dubai.stay well clear of hoborn assets in dubai they are *** men

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Anonymous
#845749

unless it's someone you personally know or is recommended from a trustworthy friend, don't give your money to complete strangers, all of you deserve what you got, dummies

Anonymous
Dubai, Dubai, United Arab Emirates #793029

The same man lost me GBP 80,000 in 4 years.He misled me into a fund he explained as safe.

He took his £5500 set up fee, continued to receive annual commissions and left my investment to rot!Total negligence!!

Anonymous
#788839

This is the same alwyn owens that was jailed for 6 months for dealing drugs in the England. Google Alwyn Owens jailed and up it comes...

It seems very obvious to me - DO NOT TRUST A CONVICTED FELON WITH YOUR MONEY. NEVER TRUST A FINANCIAL COMPANY THAT EMPLOYS CONVICTED FELONS - FACT.

This takes the biscuit even for Dubai IFA - what results do you really expect.

Anonymous
#788834

Would that be the same Alwyn Owens given six months for being a drug dealer?

http://www.staffordshirenewsletter.co.uk/Man-dealt-illicit-medicines/story-20140613-detail/story.html

Any company that employees a convicted drug dealer should carry a health warning. Even by Dubai IFA standards this really does take the biscuit.

This might sound obvious but DO NOT GIVE YOUR MONEY TO CONVICTED FELLONS OR COMPANIES THAT EMPLOY THEM.

Anonymous
#787872

I completely agree with the original poster.Holborn assets are a greedy bunch of *** men.

I found them through an online search for financial advice for expats. I am British but living in Bulgaria. They advised me to put a large amount of money in various bonds with Friends Provident International. Another truly awful company.

So I did. I was completely mis-sold the policy, the costs were not properly explained, I never received paperwork, any follow up, any original documents and when I wanted to cash in some of the funds there were so many *** ups it was unbelievable. Then one of the main investments turned out to be a complete fraud and scam (one of Peter Drake in Australia's cons).

All Holborn Assets were interested in were the commissions.I have written and made official complaints, all ignored.

Anonymous
#785134

I See Holborn Assets LLC is based in Israel.

Their Vice President claims

About

Vice President Holborn Assets at Israel UK Pensions. Is this true?

Anonymous
Porto, Porto, Portugal #784827

Having been involved in offshore financial services in Hong Kong over a large number of years, I baulk at the obviouse tactics of so called professionals slandering the names of their competitors to try and gain points by posting such utter rubbish.I would much rather see financial consultants concentrating on their clients needs and investments than taking time to rubbish the industry they pretend to represent as professionals.

I am not suggesting for 1 minute that there are not some genuine complaints on this ridiculously unregulated web site.

But by allowing totally anonymous posts and holding absolutely no one responsible for their actions is simply negligent and irresponsible. All companies from Walmart to the dry cleaners in your local town will receive complaints at one time or another, and then the person with the complaint goes to the supplier to sort it out.

If the supplier does not deal with it in a professional manner post on sites like this and get the truth out there, of course give the post the credibility it deserves by using your real name.By doing this gripe sites like this will become a valuable resource and stop all this in fighting between ex employees and competing companies.

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