Why I got BANNED from BMV Facebook group
There is quite a backstory to this so please bear with me.
Phil Martin and I have ‘form’. When his Rapid House Buyers empire went down in 2010 he took a lot of people’s money with him, a figure of £2.4M was quoted.
This was mostly in deposits for portfolio-building services. There is a criminal case still pending over this for fraud and insolvent trading. The allegation being that he’d taken the deposits knowing that he was going to go bankrupt. Many, including myself, were shocked at the scale of the losses but at the time Phil Martin appeared unrepentant. However, later he said he was sorry and that he would attempt to repay the losses. I and many others wished him well with this. To date he claims to have repaid £28,000, but has provided no evidence for this.
An undischarged bankrupt cannot be a company director, but a short time after the company was liquidated another company, in the same name, was started up in his wife’s name and using the same discredited formula. It looked as if history would repeat itself. And it did.
While many lost their savings and their homes, Phil Martin continued to live in a £1M mansion, Drive an Aston (Martin!) and send his kids to private school. Many, including myself, wondered how this was possible. The answer soon became apparent. He set up a company claiming to provide cavity wall insulation, took thousands of £ in deposits, then folded the company.
During all this time Phil Martin has continued to tout his wares on the internet. I’ve been particularly vocal in trying to warn off newbies who were unaware of his past. It’s got me few thanks and a lot of hassle, and I’ve been accused of ‘bullying’ Phil Martin by people unaware of the truth. This is why Phil Martin has tried to gain ‘revenge’ – more on this later.
So many of us who knew the history were shocked when Phil Martin suddenly popped up on the BMV Facebook group a few months ago offering Millionaire Mentoring services to newbies, and more shocked when the management of BMV appeared to condone this. A possible explanation became apparent when it was learned that Shimon Rudich, who administers BMV, was Phil Martin’s solicitor for many years and possibly still has a number of tie-ins with him.
Shimon Rudich worked hard to protect Phil from the inevitable approbation of those of us who have ‘been around the block a few times’, threatening to ban anyone who criticised him, and instigating a strict ‘no-name-and-shame’ policy which co-incidentally worked very well to protect Phil Martin. Phil Martin is able to present himself as very knowledgeable and helpful which makes people like and trust him because they don’t realise what he’s really like. Worryingly he still has many followers on BMV and elsewhere.
A few days ago one of his creditors appeared expressing dismay that he was back selling again, so as a FYI post I posted a link back to the Property Tribes discussion above. The discussion was soon deleted.
Phil Martin’s revenge. This is when things started to get surreal.
On the 20th October this year (2014) a rash of links appeared on at least 13 different property groups including BMV to a website alleging that I am a crook who has taken investor’s funds and committed mortgage fraud, amongst other things. Ironically the same things Phil Martin is accused of himself. The links were posted by Nav Tohan, an employee of Phil Martin. The website was also created on 20th October, the same day Nav Tohan claimed to have accidentally stumbled upon it. Here is a discussion with a lot of useful information from Adam Hosker who has been a true friend through this awful episode. Click the SEE MORE button at the top to see the whole discussion.
And here is the website created by Phil Martin to discredit me.
At first I laughed when I saw it, but now I realise it could have very serious implications for my business which relies heavily on the internet.
Then things got even more surreal. The response from Shimon Rudich was to ban me from the BMV group for being nasty to Phil (posting that link) while allowing Phil Martin to stay. He also banned any mention of Phil Martin’s name in critical posts about him, and continues to protect and promote the alleged fraudster on his forum.
I have since been introduced to better-run forums by Sue Maxwell Smith and Ash Zuberi
and I want to help promote and grow them.
I’ve also started my own new rapidly-growing group, over 1,000 members within a fortnight! It’s my intention to grow it into the liveliest, best and biggest UK property forum within the year. Please come and join us!!!
I think the old BMV group is likely to shrink as a result of bad management by Shimon Rudich, who has already banned other good people for spurious reasons, including gary bartlett and Duncan Belton.
I hope this message will reach as many of my friends on BMV group as possible, I’m worried that they will think I’ve just ‘disappeared’. And even more worried about Phil Martin continuing to scam more unsuspecting people on the BMV group.