Sunday Mail article and My Response
An article in the Sunday Mail appeared today that reported on my involvement with Raymond Coia. The reporter, Toby McDonald, has spoken to me briefly by telephone and email in the past. But the quotes in the article have come from previous newspaper articles published here in the US, as well as this blog.
There are some errors in the article that I feel compelled to bring to Toby's attention, and I have posted my message to him below. The article can be found at
http://www.sundaymail.co.uk/news/scottish-news/2008/01/20/coia-chased-by-u-s-moneymen-in-hunt-for-missing-millions-78057-20291501/
My message to Toby:
Toby,
I read your article in the Sunday Mail concerning my work in recovering assets from Raymond Coia. And there are errors in the article that I need to bring to your attention.
The first sentence indicates that Coia is “wanted” in the US. This terminology implies that there are criminal charges pending in the US and that is not accurate. As a court appointed receiver I work for the Court under the authority of a civil order, not criminal, and I am not aware of any criminal charges pending against Coia in the US.
You write that Coia is being questioned over his involvement with an American firm Capital Enhancement Club. As far as I have been able to determine, Coia was never involved in the CEC in any manner. My interest in Coia is solely related to the investment of funds with Coia by the American company Seaforth Meridian Ltd. and its UK affiliate. The CEC is a separate receivership, but there is a connection with CEC in that the man behind the CEC scam invested $9 million of the CEC funds with Seaforth Meridian, who in turn sent that $9 million and other investor’s money to a company operated by Raymond Coia and a separate company in Switzerland. The other connection between CEC and Seaforth is that the man behind CEC was also a founding director of Seaforth Meridian, but he was operating in his role at Seaforth Meridian under an alias and the other SM directors were not aware of his role behind CEC. Also, CEC was not an American firm, but operated from the island of St. Maarten in the Netherland Antilles.
Your article also states that I made a visit to Coia’s farm while I was in Glasgow and I am attempting to recover this farm. In fact, I have filed a lawsuit in the Court of Sessions to recover a farm owned by John MacIntyre. This farm was purchased with funds sent to Coia’s company Quantum Analytics, by Seaforth Meridian. The funds were used by MacIntyre to purchase the West Knockbartnock Farm.
I hope this information will assist you in any future articles you write concerning my involvement with Raymond Coia.
There are some errors in the article that I feel compelled to bring to Toby's attention, and I have posted my message to him below. The article can be found at
http://www.sundaymail.co.uk/news/scottish-news/2008/01/20/coia-chased-by-u-s-moneymen-in-hunt-for-missing-millions-78057-20291501/
My message to Toby:
Toby,
I read your article in the Sunday Mail concerning my work in recovering assets from Raymond Coia. And there are errors in the article that I need to bring to your attention.
The first sentence indicates that Coia is “wanted” in the US. This terminology implies that there are criminal charges pending in the US and that is not accurate. As a court appointed receiver I work for the Court under the authority of a civil order, not criminal, and I am not aware of any criminal charges pending against Coia in the US.
You write that Coia is being questioned over his involvement with an American firm Capital Enhancement Club. As far as I have been able to determine, Coia was never involved in the CEC in any manner. My interest in Coia is solely related to the investment of funds with Coia by the American company Seaforth Meridian Ltd. and its UK affiliate. The CEC is a separate receivership, but there is a connection with CEC in that the man behind the CEC scam invested $9 million of the CEC funds with Seaforth Meridian, who in turn sent that $9 million and other investor’s money to a company operated by Raymond Coia and a separate company in Switzerland. The other connection between CEC and Seaforth is that the man behind CEC was also a founding director of Seaforth Meridian, but he was operating in his role at Seaforth Meridian under an alias and the other SM directors were not aware of his role behind CEC. Also, CEC was not an American firm, but operated from the island of St. Maarten in the Netherland Antilles.
Your article also states that I made a visit to Coia’s farm while I was in Glasgow and I am attempting to recover this farm. In fact, I have filed a lawsuit in the Court of Sessions to recover a farm owned by John MacIntyre. This farm was purchased with funds sent to Coia’s company Quantum Analytics, by Seaforth Meridian. The funds were used by MacIntyre to purchase the West Knockbartnock Farm.
I hope this information will assist you in any future articles you write concerning my involvement with Raymond Coia.
posted by Larry at 10:17 AM
5 Comments:
John MacIntyre of Westknockbartnock Farm has apparently died yesterday,his much younger girlfriend and only son John MacIntyre may have to answer the unanswered questions here!
Larry,
Please keep us informed!
Obviously Ray Coia was involved with the CEC after he was already banned from working in finance in the UK.
The CEC money Coia was "investing"
was stolen money which has disappeared. Does this not make him
lible for criminal charges either in the US or UK?
In all likelyhood Ray Coia has a stash of CEC money.
Coia has now been convicted for his
previous crimes in the UK. Lets hope the poor folks he help ruin in the US can expect him to face further charges on their behalf.
As you wrote,there are many from around Europe and the mid-east who
have a very keen intrest in Raymond Coia and look to your blog for updates.
So,please,keep up the good work and keep us imformed!
re your annonymous blogger who mentions mr coias connections with CEC, i cannot see you correcting them on this that mr coia has NO connection whatever with CEC.
"re your annonymous blogger who mentions mr coias connections with CEC, i cannot see you correcting them on this that mr coia has NO connection whatever with CEC."
The above comment sure does read a lot like it was written by Ray Coia.
But Ray probably has more important things to do right now - like getting his affairs in order before he does the walk of shame to court for his sentencing to jail.
If Ray does have a sock stuffed with stolen money stashed away - he can dream about it in prison.
But then again, he might also dream about what possible legal action he may face in the US after
he gets out of his UK jail cell. From what I understand, of all the characters involved with the CEC
scam, he’ll be the easiest one for US law enforcement to find. Thanks to Her Majesties Prison System.
Mr macintyre did not have girlfriend she already was having relationship with ray coias former worker Euan Wishart who fleeced mr macintyres bank account of two hundred fifty thousand pounds don't know y police haven't been called
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