lucasross.co.uk

this is what I sent to LR:

this is what I sent to LR:Sir, I am writing to you as a client and creditor of EBLN UK.It is apparent to me that EBLN UK has been trading whilst insolvent and therefore fraudulently. I have reported this to the FCA, with necessary documentation required.I had many conversations and promises from Jack O’Malley, also emails from Neel and Chloe, regarding trade confirmations and statements. I was led to believe that assets were being bought and sold, when in fact this was paper-trading and thereby they were continually liquidating my assets without permission. I tried unsuccessfully to withdraw funds onward from early 2021.I have bank statements that refer to the Dubai registered parent company EBLN DMCC and I would like to know from you as the present Insolvency Practitioner, its relevance to the liquidation of EBLN UK, as this has not been addressed.Equally, why does EVR Bullion (the company that was supposed to be doing the actual buying and selling) not appear as a debtor on EBLN UK’s balance sheet, and will you be placing EVR Bullion in liquidation as part of tracing and recovering assets?I would be most grateful if you could also address the following.The possibility that no assets were ever bought, has this been investigated? There is also absence of evidence and justification for why EBLN UK are greatly understating amounts owed to creditors. Please can you indicate what you have been doing for the past 6 months?For instance, have you reported the director of EBLN for trading while insolvent? If not, why not? Have you reported Luke Ryan as a shadow or de facto director of EBLN? Have you reported the director(s) of EBLN for fraudulent trading?Have you reported the director(s) of EBLN for failure of basic fiduciary of care to clients?Have you received full cooperation from Beverly Ryan?Have you taken possession and gained access to the Orb System (where all 'trades' are recorded)?Have you established whether EBLN's supposedly largest 'creditor', White Knight One Limited (now dissolved) was genuine?Have you found evidence that EBLN ever actually owned crypto in the quantities clients were led to believe? To date, Lucas Ross have not informed creditors in any way as to what they are, or are not doing to complete the liquidation.

Date of experience: Oct 12, 2022