We have learned that David Mapley is organising Zoom meetings, in which he is trying to extort money from investors under false pretences. We would like to get hold of video recordings of this. If you are approached by David Mapley or Tudor Fedeles for a video call, we ask you to make a recording with a screen recorder or with your phone and share it with this site.
Please use the file upload tool to share your recording. Recordings are not published, but are used as input for future new articles on this site.
62 total views, 8 views today
With a 96% versus 4% vote the shareholders of LFP1 yesterday dismissed the current board of directors, headed by David Mapley. Mapley got suspended by the Luxemburg regulator CSSF earlier this year for lying about his credentials when applying for his directorship at LFP1.
In a stormy EGM, shareholders cast their mistrust by dismissing David Mapley, Tudor Fedeles and Jacques Bossuyt as board members by an overwhelming majority.
The shareholders will nominate a new board shortly at a yet to be convened EGM. Furthermore, they filed a 41 million euro claim for damages against the former management.
Two years ago David Mapley who falsely claimed to be a fraud investigator at Intel Swiss took over the management of the fund after allegedly having discovered fraud. Later on, it turned out that Mapley had a fraudulent record himself and that his investigation firm “Intel Suisse” simply does not exist. It was further discovered how Mapley abused his mandate at LFP1 to extort one of the shareholders of the fund for over 2 million euros.
Events accelerated after Luxemburg commercial court, appointed last month a court administrator to convene an EGM at the request of shareholders to seek replacement of the board.
2,146 total views, 12 views today
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.
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…
406 total views