CSSF bans 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.

As for now we don’t know for which lie David Mapley has been banned. It could be the 30+ bankruptcies on his name, or his alleged directorships in nonexisting companies, or his falsified resume, or maybe his falsely claimed education or the offering of financial products in the US without a permit.

Sure this will be continued in the coming weeks…

The Shimoda Kraken GP

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 Land Fund. 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.

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The ghost Blackridge Marketing

In a previous post, we revealed the Intel Suisse ghost company of David Mapley. Today we found an other one.

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.

Stay tuned…

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