Wednesday, 13 May 2020

Oily Diamonds - Beware of potential Ponzi schemes

Oily Diamonds

Beware of potential Ponzi schemes


Disclaimer: I am not saying that the companies featured in this report are criminal enterprises or engaging in criminal activity. This report should be seen as a reminder for people to consider very carefully before they invest any funds in newly formed investment companies, and that they should undertake extensive due diligence research before doing so.


On 26 April 2020, the BehindMLM.com website published its review of the company DIAMONDS CAPITAL LIMITED (UK registered company No.: 12184245) and concluded that it failed the Ponzi logic test.

Companies House confirms the Director of DIAMONDS CAPITAL LIMITED as being Robert CLARKSON, born April 1985 using the correspondence address of 65 Stephenson Way, Liverpool L13 1HN, United Kingdom. Robert CLARKSON is also listed as the sole shareholder of the initial shareholdings with a nominal value of GBP £800 000 000 (£800m). Screenshots below list the Statement of Capital (Share Capital) and the Initial Shareholdings: 








Among YouTube videos associated with DIAMONDS CAPITAL LIMITED, this one was titled: ‘Message from CEO of Diamonds Capital & Oilbuyers Capital, mr. Robert Clarkson.’ See a screenshot below:



As can be seen in the screenshot, the video title and also contained within the text below, there are references to another potential business run by CEO Robert CLARKSON, namely OILBUYERS CAPITAL.

A review of the cached version of the ‘About’ page of oilbuyers.capital identified the following company registration certificate:



The captured screenshot above identifies a UK registered company in the name of OILBUYERS CAPITAL LIMITED, Company No.: 12571144.

The registration of OILBUYERS CAPITAL LIMITED is also confirmed on Companies House. The registration date is listed as 24 April 2020.

The Director is listed as Robert CLARKSON, born July 1974. NOTE: Different date of birth!

As per the publicly available Companies House Officer records for OILBUYERS CAPITAL LIMITED, Robert CLARKSON’s correspondence address is listed as: 37 Sinclair Drive, Liverpool L18 0HW, England. This address resolves to a semi-detached residential property in Wavertree, Liverpool. No other companies or company officials could be identified as being registered to this address.

As per the Incorporation documentation, the shareholder details show that Robert CLARKSON is listed as the sole shareholder of the initial shareholdings with a nominal value of GBP £421 000 000 (£421m). Screenshots of the Statement of Capital and Initial Shareholding are listed below:

 




It would appear from the Initial Shareholdings that this is likely to be the same Robert CLARKSON, albeit the address contains the additional entry of ‘Bevan House’. Especially, given that the YouTube video associates both DIAMONDS CAPITAL LIMITED and OILBUYERS CAPITAL LIMITED to the same CEO, Robert CLARKSON, one should therefore reasonably assume that these two companies are connected. The names are the same and the shareholder address is the same. The big question is: Why the significantly different dates of birth for Robert CLARKSON?

My Tip: Reach out to the company and do your own research before you make any decision on investing into any venture purporting to earn you quick returns on investments.





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Oily Diamonds - Beware of potential Ponzi schemes

Oily Diamonds Beware of potential Ponzi schemes Disclaimer : I am not saying that the companies featured in this report are crimin...