A second and new criminal complaint was filed by shareholders of City Windmills on the 22nd of January 2020 before the General Prosecutors of Cantons Geneva and Valais. A first criminal complaint was already deposited by City Windmills investors on the 14 thof April 2019 before the General Prosecutors of in Geneva. The complaints were all filed with allegations of fraud and misuse of company goods.
According to the shareholders of City Windmills, Mr. Mapley spent all the shareholder’s investments since the beginning of his appointment for personal purposes, travel & expenses, and lifestyle. David Mapley also invoiced huge amounts to personal accounts on the Cayman Islands instead of using the shareholder’s money for the company’s development. Furthermore, he refuses to convene general shareholder meetings to report to the shareholders and refuses to give transparency on the bookkeeping, figures, and expenses.
David Mapley developed a business model to steal other people’s money.
The company is left completely cashless and has become completely inactive. Shareholder of City Windmills state: “David Mapley has stolen all the money and left the company completely cashless” “David Mapley developed a business model to steal other people’s money. It turns out his fraud investigation company “Intel Suisse” does not even exist and has never existed. David Mapley is a pathological liar.”
In the last weeks, more and more cases are being reported by victims of David Mapley.
The Luxemburg financial authority CSSF has taken action against David Mapley and banned him for a period of 4 years. During this period David Mapley is forbidden to have any position in Luxemburg that requires approval from the financial authorities CSSF.
In a statement the CSSF announces that David Mapley provided incorrect and incomplete information to the CSSF on his declaration of honor. On this declaration you state that all information you provide to the CSSF for approval, to govern a financial entity in Luxemburg is true.
David Mapley had to submit his declaration of honor when he sought to become director of the LFP I structure at the end of 2018. The LFP I structure was subsequently delisted by the CSSF because David Mapley and his fellow directors Tudor Fedeles and Jacques Bossuyt did not comply with the financial regulations in Luxemburg.
The other day we received a presentation of a new scam by David Mapley. David Mapley and his henchman Tudor Fedeles is trying to suck the life out of the GB Strategic Land Fund.
As in previous Mapley scams, non-existent companies are presented to make it look trustworthy. As in previous cases, Intel Suisse is staged to give weight to David Mapley’s scam. As we previously published Intel Suisse does not exist. What’s new is that mapley is asking to invest in the unregulated Shimoda Kraken General Partnership (Kraken G.P.). Now we have searched in the Luxembourg trade register, but you guessed it, this Shimoda Kraken G.P. does not exist. But that aside.
The GB Strategic Land Fund (GBSLF) is within an umbrella structure in Luxemburg KMG SICAV. As in many umbrella structures, not all funds succeeded, causing a stagnation within the structure. Which of course makes the shareholders nervous. Now lets examen the proposal to shareholders of the GB Strategic Land Fund. (Note the clumsy logo from Wikipedia while you claim that you have your own (fake) marketing company.)
David Mapley is proposing to the shareholders of regulated GB Strategic Land Fund to swap their shares, for shares in his unregulated Kraken G.P. and paying him an additional € 1,500.
As described in his plan he seeks to call an Exceptional General Meeting (EGM) and take control of GB Strategic LandFund. The Investors in the GB Strategic Land Fund will thereafter have nothing to say about their investment and have lost the regulatory protection, as it is absolutely unclear how many shares in the Shimoda Kraken G.P. in the possession of David Mapley, but we presume that he always keeps the majority.
With David mapley in control, he will start to kick around in the media and discover major fraud in the fund and accusing the service providers, hoping they pay him to get rid of him. This is his core business model.
In the meanwhile David Mapley, he has full access to the bank account and assets of the GB Strategic LandFund. No doubt he will make big payments to his Cayman Island Shimoda Capital Partners and empty the fund.
Our advice to KMG SICAV investors is to stay clear from David Mapley and his gang.
We spoke to a prominent Swiss fraud investigator who has a file about Mapley that weighs many kilos, based on archive and field research
In Switzerland, where he lived for several years, David Mapley no longer has any interest whatsoever. Six companies in which he had an interest or managed are closed or bankrupt. In England, seven of Mapley’s companies are “out of business”. In the US, there is also a list of companies to which Mapley was linked. Most are out of business and some still exist on paper but have not published figures for years. All this is supported in the extensive file with excerpts from the various trade registers, the status of Mapley’s fraud investigation office Intel Suisse is not mentioned either in Switzerland or in the UK.
That was was certainly surprising. The world of financial private eyes is not too big and none of our researchers had never heard of that company. David Mapley tells new relationships that there are dozens of people in the company and that it has more than 6 million dollars in assignments. The reason why we couldn’t find about Intel Suisse is simple: Intel – Suisse didn’t exist! It is/was not registered anywhere in Switzerland nor in the UK. The business address he gives turns out to be a shabby apartment that he also used as his home address. On a piece of paper, his name is written next to the letterbox. There is no mention of Intel – Suisse. “it is an empty shell that only exists for David Mapley”. After having folded dozens of official documents from as many bankruptcies of Mapley, we browse through the file to the most important page, namely the conclusion of the renowned researcher.
We Quote: Unreliable, misleading and misguided. He puts himself down as a fraud investigator. The revealed information provides a clear insight into David John Mapley’s personality as being highly unreliable, misleading and misguided. He pretends to be a fraud investigator, but in reality, he’s the one who commits fraud and misconduct. He is not ashamed of blackmailing third parties, extorting them and ruining their reputation and business in order to achieve his fraudulent goals. In addition, the revealed information shows that he has been involved in numerous bankruptcies and outlines his inability to conduct business reliably in accordance with the Code of Conduct for Corporate Business.
The file also contains a copy of the document of good conduct initialled by Mapley, which he had to complete for the Luxembourg financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), in order to be able to take on the directorship of the LFP1 investment fund. This is an umbrella fund with a number of sub-funds. For the experts: SICAV SIF (investment company with variable capital). In his declaration of honour, David Mapley stated that he had never been involved in a bankruptcy as a director!!!
The coming weeks we will dig deeper into LPF1, no doubt we will discover another cesspool created by David Mapley. Stay tuned…
Blackridge marketing appears to be yet another ghost company of David Mapley. This time together with his son Tim and a guy named Tudor Fedeles. The company does not have an address on its website, nor does the company have a legal status. Their website claims to have representation in the UK, US, and Luxembourg. However, no trade registrations can be found in the United Kingdom or in Luxembourg or the US.
Remains the question of what is the purpose of this ghost company and the people associated with it? We will dive deeper into it.
Recently we wrote about the scam practices of David Mapley with City Windmills in Switzerland. David embezzled 2,000,000 US dollars company funds. In the meantime it has become known that David Mapley has fled Switzerland. Non of his former residences are occupied. Furthermore all the companies that David Mapley founded in Switzerland have now been declared bankrupt or in liquidation.
David Mapley’s companies in Liquidation and Bankrupted
City Windmills (Suisse) SA (In Liquidation)
JM Investments Advisors SA (In Liquidation)
Crossbridge Global Capital Markets SA (In Liquidation)
IX Swiss AG (In Liquidation)
Cav & Art (Bankrupt)
Earlier we reported about the fraud committed by David Mapley at City Windmills and Cav & Art. At this moment our team is investigating the other liquidations, undoubtedly this will also provide the necessary incriminating material.
The only company that does not appear in this list is Intel Suisse, but that company cannot go bankrupt because it only exists in the head of David Mapley and is not registered anywhere.
Back to David Mapley, who has fled Switzerland and remains untraceable for his creditors. From a reliable source, we have learned that soon, litigation against David Mapley will be started by angry creditors.
We are very curious to see how this will continue, and if it goes to court, we will be sitting in the public gallery.
David Mapley actively promotes himself as a trustworthy and renowned fund director on his website. (At the moment offline) “Shimoda Capital Partners” This was how the site looked – “shimoda-ltd.com.” However, the information given on his site is false and misleading. From the 12 displayed funds, six are not existing, and four funds have been dissolved or liquidated more than 15 years ago. One mentioned fund has no relation with Shimoda Capital at all. Only one fund is active.
Emerging Markets Investment Funds
Shimoda Romanian Fund (RAIF): Non-existing
Shimoda Emerging Europe Fund: Liquidated in 2004
Investment Funds – Fund of Funds
Shimoda Russia Renaissance Fund: Non-existing
Fund of Credit Asia: Liquidated in 2003
Far East Fund – Non-existing
Shimoda Capital Fund (RAIF): Non-existing
Investment Funds – Thematic Funds
LFP1 umbrella fund since Dec 2018, but there is no relation with Shimoda Capital.
August 15th we posted: “We have some reading to do” after receiving a two-inch-thick report on David Mapley. Before digging into all individual cases, we would like to share with you the magnitude of the ruins of David Mapley. Just by making a list of all his involvement. David Mapley was involved in many different companies all over the world, and most companies went bankrupt, are out of business, or were relocated to faraway countries. Out of reach for creditors.
CITY WINDMILLS (SUISSE) SA
Address: 39 Chemin de Précossy – 1260 Nyon – Suisse
David Mapley raises steals 2 million US-dollar for City Windmills with a 90 dollar “do it yourself” wind turbine from the internet.
Since 2010 David Mapley is advertising himself as the CEO of City Windmills. In the process, he raised 2 million USD from investors and operated on the fraudulent London GXG stock market (mirror). He promoted his company on different channels.
When you watch all of the youtube material and visit the City Windmills website, it becomes apparent that it never gets to the point concerning the actual product itself. No spec sheet no testing reports or certification, not even a real product photo, and that after almost ten years of existence. Only brave talk and no substance. The only thing we see is a picture and a youtube film of an amateurish prototype.
A wind turbine or wind mill are not the same thing, they are actually very unique and different in many ways.
The windmill was made to help pump water and grind grain very similar to the water wheel (to mill). In contrast to the wind turbine which was made to produce energy for a clean and safe environment. Both the windmill and the wind turbine have their own features, which can help uncover their distinctions. Mixing the up (as David Mapley does), indicates a lack of knowledge in this direction.
Speaking of vertical axis windmills. This type of wind turbine is not an invention of David Mapley nor his team, as a matter of fact, this type of wind turbine is called a Persian horizontal windmill and already exists for more than 1,000 years. No idea how he wants to get a patent for this, as mentioned in one of his investment pitches.
City Windmills is just another fraudulent investment trap created by David Mapley and a very successful one, given he managed to steal 2 million dollars from investors. City Windmills is now long gone. The addresses are still on the website, but there is nothing there.
Let’s take a closer look at the history of Intel Suisse. We have already mentioned that Intel Suisse is a ghost company, which is not registered anywhere in a trade register. But David Mapley pretends it exists, when it suits him.
According to David Mapley’s linked in page he founded it in January 2003. The strange thing is that he only registered the internet address www.intel-suisse.com 12 years later. Also we only see activity on the internet from that date. Probably David Mapley faked the age of Intel Suisse to give it authority. But the faking of Intel Suisse is taking on even greater proportions.
Last year, David Mapley gave a talk at the annual Offshore alert Conference. The place where the underworld and legitimate business meet. During this presentation, the disciplines available to Intel Suisse were laid out.
Our team at Intel Suisse includes experienced investors, fund managers, fund seeders (establishing funds and allocating first capital), digital forensics experts, extensive financial markets experience and experienced fraud researchers.
David Mapley at the London 2018 Offshore alert Conference
That’s a hell of a lot of people to have in a two-chamber apartment.
Conclusion: Intel Suisse is a company that exists only in the head of David Mapley and is used to report ‘so-called fraud’ to the press, when it suits David Mapley. Hopefully in the future there will be journalists investigating their sources before they lend themselves to David Mapley’s scams.