Episode 28 Inside Out


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Episode 28

Inside Out finds the man behind a property investment scheme that has left savers out of pocket, and Jon Cuthill takes part in the national tree-climbing championship.


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LineFromTo

The MP, Charlie Elphicke,

denies any wrongdoing.

0:00:000:00:01

Now on BBC News, it's Inside Out

0:00:010:00:10

We are going in search of investors

who will ask money is.

I did trust

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that company.

This is no different

to hand in your life savings over to

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a man in the pub and hoping that he

will give it back to you again one

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day.

Leave the camera.

Also coming

up, the online love rats breaking

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hearts and busting bank accounts.

It's like a part of the world

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disappears and I also felt quite

ashamed that I could have been so

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silly.

And learning the ropes. My

attempt to become the UK tree

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climbing champion.

Pressure. Seven

minutes remaining.

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First, they've been left thousands

of pounds out of pocket with no idea

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where that money has gone. Investors

in a property scheme have told us

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they want some serious answers, so

did their top tip turn into a non-

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runner?

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A flutter on the horses can be

tempting. Especially when Matt

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Schaub bet is looking you right in

the eye -- that sure bet. And my

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course racing, financial investments

also need a bit of luck if they are

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to pay out.

Come on!

But if that

investment pitfalls that the first

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hurdle, you might find you backed

the wrong horse. That's exactly what

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happened to Steve Perry from

Ringwood. He was investing for his

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future and the current low interest

rate offered by banks weren't very

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tempting.

I am virtually retired now

and I had some I wanted to put away

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and some income. I had two kids at

school. They would be going to

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university before I know it and

that's expensive.

Eager to start

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investing, Stephen found a broker

online.

They claimed they did all

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the due diligence and only offered

reliable products, so I trusted

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them.

The broker introduced him to

Forbes capital. It was offering a

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secure two-year investment in social

housing scheme based in Chicago. It

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was promising high returns. So

Stephen invested £70,000. Records

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we've seen show investors have paid

£440,000 to Forbes Capital. This

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man, Tony, and his fiancee invested

£5,000 to help pay for their

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wedding. The date they haven't

received a penny. Others invested

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lump sums from their pensions. Be

64-year-old was in NHS nurse for

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many years and has recently retired.

He did into his pension pot to

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invest with Forbes Capital.

I

invested £40,000 and that investment

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was for two years.

Forbes Capital

promised to return all of this

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investment at the end and pay him

for 100 pounds every month.

Even I

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had a payment schedule from the

managing director to tell me how

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much I was going to get. At the time

I thought it was a good return.

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That's the main reason I invested.

And it was a regular income, monthly

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income, because since I retired I

was getting less money every month.

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So to make it up at the main reason

I invested in Forbes Capital.

He

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only received for interest payments

and then they dried up. He contacted

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Forbes Capital to ask where his

money was but they didn't return his

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calls or respond to his e-mails.

After a lifetime of helping others,

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he hoped this investment would help

him and his family financially.

An

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extremely worried about the capital

of £40,000. I've worked hard for

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that.

So who is behind the company?

The main shareholder of Forbes

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Capital is this man, Peter

Shuttleworth. He previously was a

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director for colonial capital, which

offered an almost identical

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investment opportunity. That firm

went under, owing millions. Forbes

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Capital is unregulated and for

investors that can mean risky

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business.

If you are dealing with an

unregulated broker this is no

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different to handing your life

savings over to a man in the pub and

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hoping that he will give it back to

you one day.

With 30 years

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experience in the financial

services, Tom specialises in

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retirement planning and investments.

You've looked at the detail of the

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Forbes Capital investment offer.

What do you think of it?

The two

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things that really worried me were

first of all multiple layers of

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uncertainty around the Chicago

property market, the US government,

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it being an overseas investment. At

more than anything the fact that it

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is an regulated investment scheme,

so the UK regulator, the financial

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con the authority, has no control

over it. It also means if anything

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goes wrong you have no comeback.

And

investment broker template invest

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based in Spain acted as a middleman

between investors and Forbes

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Capital. But even when investors

started reporting that they hadn't

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received their monthly payments from

Forbes Capital, the company in Spain

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continued to sign people up to the

scheme. Templer invest is currently

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being investigated by the Financial

Conduct Authority. It says it has

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ceased training and it too was

misled by Forbes Capital. But that

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is of little comfort to Stephen,

when the company he invested in

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isn't paying out what they promised.

Since you invested the money in

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Forbes Capital, had any contact from

them? No. The only contact I had was

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the bond certificate and the

covering letter that came in the

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post back in April.

Since that time

I send e-mails, left phone messages

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and nothing.

When you realised that

perhaps the assessment hadn't worked

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out, how do you feel? £70,000 is the

huge amount of money.

Well,

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obviously I was upset. And I tried

everything, I contacted the

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Financial Conduct Authority, the

financial ombudsman, the serious

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fraud office, my MP. I just wanted

answers as to what happened to this

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money.

Argue resigned to the fact

that you may not see that money

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again?

Virtually. I think I've had

to admit that probably or

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possibility. Otherwise, I wouldn't

sleep at night, I would spend all my

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days worrying about it.

After weeks

of searching, we finally found Mr

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Shuttleworth hears, this caravan

park, in Essex. Time to get some

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answers. Halo, Peter Shuttleworth.

Can we have a chat? No.

We've come

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to ask where the investors' money

is.

Could you leave before I phoned

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the police?

Peter, where is the

investors' money? Leave the camera.

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You've taken tens of thousands of

pounds. Peter Shuttleworth, you owed

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at least an explanation, don't you?

£70,000 from Vista Perry, not a

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penny payback. You can't even be

bothered to talk to them. Why not?

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It really like to hear your side of

things. Anything at all? Tens of

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thousands of pounds of investors'

money and you can't even be bothered

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to talk to them. Nothing to say?

Last chance. You are quite a hard

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man to track down. And you are very

hard man to talk to.

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Well, clearly Peter Shuttleworth

doesn't want to talk to us today.

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Tens of thousands of pounds of

investors' money, investors have

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asked them what happened to their

money, we've asked what happened to

0:09:280:09:31

their money and he's got nothing to

say. Now, a bit of an update for you

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on that story. Since we confronted

Mr Shuttleworth he sent us an e-mail

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stating that all investors would

receive a full refund by the end of

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November. We will keep you posted.

Still to come... I quickly regret

0:09:460:09:52

trying to become the UK tree

climbing champion.

Seven minutes

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remaining.

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Next, online dating is more popular

than ever, but would you believe it?

0:10:020:10:07

Not everyone using their sites and

apps is telling the truth.

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This woman lived alone for many

years after her husband's death and

0:10:200:10:24

decided to give love another try.

After venturing online, she thought

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she had found it with a man called

Peter.

We were quite a good match

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because the website that we used did

such profiling, so we came up as the

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same. We would chat for four hours a

night on messenger, felt like this

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was someone I had a real connection

with. It was that thing about

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feeling really connected. I had

found love again.

Her newfound love

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said he was a major in the British

Army, stationed in Baghdad.

One day

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he went out on patrol and I didn't

hear from him the following morning

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and so I was really distressed. I

didn't hear from him for 48 hours,

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which felt like a lifetime because

it triggered all the memories of my

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husband's death and everything. Then

he came back online to say he had

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lost a couple of men in battle and

he wanted to get out of the Army.

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Peter said he wanted to start a new

life with bowel but needed money to

0:11:200:11:25

buy himself out of the Mira --

military.

He told me where to send

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the money, so I sent it. Naturally

that wasn't enough money. I ended up

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foolishly sending two more lots of

money, totalling just over £8,500.

0:11:380:11:44

This woman runs a dating agency in

Brighton. She doesn't run an online

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service, but introduces people

face-to-face. She also happens to be

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a former detective for Sussex

Police.

There are some victims that

0:11:540:11:58

have lost up to 1.6 million, others

that have lost £800,000. They are

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life changing amounts of money to

lose. To some people 8000 could be a

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life changing amount of money. Some

people are actually Bancroft because

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of the money they've given to some

of these fraudsters -- bankrupt. The

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sad reality is they are not likely

to ever get it back.

Nearly 4000

0:12:170:12:22

cases of romance fraud were reported

to the authorities last year. In

0:12:220:12:27

fact, this type of crime is now so

widespread you can get fraud kits

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online that come complete with

templated e-mail is to persuade

0:12:320:12:35

people to part with their money.

Dave has also been looking for love.

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He enjoys dancing and has always

found it a great way to meet people.

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But after a spell of being single,

Dave thought he had found his

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special someone online in Canada.

The pair exchanged countless e-mails

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and phone calls.

I miss you so much,

Dave. You've become something

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necessary for my soul. I dream about

the children we will have in the

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future. I love you.

It's quite

emotive language. How did you feel

0:13:150:13:22

when you read that?

I felt really

excited and happy. And, you know, I

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thought my life was going to change

for the good.

Dave said his online

0:13:320:13:39

lover £15,000 to help with medical

expenses she said she had. And to

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pay for flights to the UK. Neal from

Action Fraud is familiar with many

0:13:430:13:52

of the common tricks fraudsters use.

If you say that you have been

0:13:520:13:56

divorced they will say they've been

divorced. It's about looking for

0:13:560:14:01

that attachment that they can then

use in order to reel the victim in.

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His profile was that he was widowed

and that he joined the army because

0:14:070:14:12

of the grief and so we felt... It

felt like we had an infant bond

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because we'd been through a similar

grief experienced -- an instant

0:14:170:14:20

bond.

Having parted with more than

£8,000, she heard nothing more from

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her online love.

I did a search on

internet and found the story of a

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lady in the United States and had

been scammed by a person using the

0:14:350:14:39

same story and the same picture.

It's like a part of the world

0:14:390:14:43

disappears and I also felt really

quite ashamed that I could have been

0:14:430:14:47

so silly. That's what I felt.

0:14:470:14:53

Dave was awaiting the arrival of

this new love but then he got an

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e-mail saying she was visiting

relatives in Ghana and was stuck in

0:14:570:15:00

immigration. She needed yet more

muggy. Dave showed the letter to

0:15:000:15:05

this bank manager, who immediately

is not a rat.

It was only through

0:15:050:15:09

the bank, who said that isn't

genuine.

How did you feel when you

0:15:090:15:14

heard those words?

I was Devon

devastated. I couldn't believe it

0:15:140:15:18

had happened.

The fraudster had sent

Dave these photos to encourage him

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to hand over the cash, but the

police confirmed it was a con. The

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photos could have been stolen from a

genuine dating profile, they told

0:15:300:15:35

they've not to send any more muggy.

Former detective Tara McDonald said

0:15:350:15:41

there's things people can do to keep

the online sharks at bay. The main

0:15:410:15:45

one is to stay on the dating site,

never move to private e-mails or

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private messaging.

There are checks

and balances in place an online

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dating sites where certain e-mails,

if they're worded in a certain way,

0:15:550:15:59

they will be pulled to one side and

it will be checked. They may well

0:15:590:16:03

remove that person if they believe

them to be a scammer. Beware of

0:16:030:16:07

someone who keeps asking you lots of

questions about you and your

0:16:070:16:11

background and you find you're not

getting much back from them but

0:16:110:16:15

you're giving a lot of information

about yourself. You should never

0:16:150:16:18

consider giving out money to anyone

either you've never met and that you

0:16:180:16:22

don't know.

Fizz in during love of

dancing is helping Dave get over his

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online experience -- his enduring

Love.

I go dancing, which helps

0:16:280:16:34

Mirallas and focus on different

things so my mind is not on it all

0:16:340:16:39

the time.

Val says she's learned

from what's happened and she's no

0:16:390:16:43

longer ashamed about telling her

story.

If it helps somebody else,

0:16:430:16:47

anybody watching this, who's

wondering maybe this is a scam,

0:16:470:16:52

maybe it's not, to take a step back

because if someone genuinely loves

0:16:520:16:57

you are not going to put pressure on

you to do something that doesn't

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feel right for you.

Emma Thomas reporting there. Don't

0:17:000:17:05

forget, you can find out more about

the show on Twitter:

0:17:050:17:09

Finally, when was the last time you

climbed a tree crazy if you're

0:17:110:17:15

anything like me, it's been a while.

But when the UK national tree

0:17:150:17:20

climbing Championships rolled into

town, guess who got roped in? There

0:17:200:17:26

was a time I'd spend more of the day

up a tree than down it, but time has

0:17:260:17:33

passed. A lot of time. If I'm to

stand any chance in a tree climbing

0:17:330:17:39

competition I need some serious

help, and that's where Joe Hedger

0:17:390:17:44

comes in. By a day Joe works as an

arborist, or tree surgeon, but she's

0:17:440:17:50

also a three-time world champion

tree climber. Why, you must be John?

0:17:500:17:55

How are you, all right?

This is your

challenge for today. Climb this

0:17:550:18:00

beautiful victory.

Things have moved

on since I last climbed a tree,

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these days it's all about helmets,

harnesses and ropes and first you've

0:18:040:18:08

got to get those ropes at the treat.

For that you need a throw line. We

0:18:080:18:12

need to get this up in the canopy.

Turns out it's a bit more technical

0:18:120:18:17

than just chucking it.

Missed. What

that's telling you is you need to

0:18:170:18:22

let go more up here.

Oh, I hit a

branch.

They do get stuck.

In

0:18:220:18:30

competition you get points for

safety, speed and technique. I

0:18:300:18:34

actually missed the entire tree,

though. I'm wearing a helmet, so one

0:18:340:18:39

out of 38 bad, but this doesn't bode

well.

Good bit of power there, good

0:18:390:18:45

fight.

Finally it's up, let's go --

one out of three ain't bad. We using

0:18:450:18:52

both hands. After a mere three hours

I'm a giddy three feet off the

0:18:520:18:56

ground.

You're using your thigh

muscle more than your arms.

Not the

0:18:560:19:00

most elegant. What is it about trees

that got her hooked?

Some people

0:19:000:19:04

have a job, they go to work, 9-to-5

and that's it, they have their own

0:19:040:19:10

sports they want to do and my sport

happens to be what I do for a job.

0:19:100:19:14

In fact tree climbing means so much

to Jo that she even had her wedding

0:19:140:19:19

ceremony in this very tree complete

with the vicar in a cherry picker.

0:19:190:19:23

Lovely.

Lean back.

During the

competition, not only will I have to

0:19:230:19:32

climb a tree but also complete a

series of tasks against the clock.

0:19:320:19:36

I'm not as graceful as you.

It's

your first go.

I'm on the wrong

0:19:360:19:43

wrong.

Keep stepping your feet down.

This is the one I pull on?

No, the

0:19:430:19:50

other one.

While I'm still searching

for my inner monkey, in Surrey one

0:19:500:19:55

of my rivals is also preparing for

the competition.

Trees are amazing.

0:19:550:19:59

There in credible organisms when you

really think about it.

Scarlet

0:19:590:20:04

English works at the Royal

Horticultural Society's garden at

0:20:040:20:07

Wisley where she is training to be

an arborist.

I worked in gardens and

0:20:070:20:12

saw the team working in the trees

above me and I thought, hey, I want

0:20:120:20:18

to be up there, not on the floor. I

do find it quite scary at times but

0:20:180:20:22

I think everyone does, they'd be

lying to say they didn't sometimes.

0:20:220:20:27

Scarlet's been learning the ropes

for two years and the UK open will

0:20:270:20:31

be only her second competitive

climb. A few weeks later and it's

0:20:310:20:36

the day of the UK open tree climbing

Championships in the new Forest. I'm

0:20:360:20:43

up against 13 other climbers from

across the country.

Climber,

0:20:430:20:47

climber. You get extra points if

you've got to hands on the saw, one

0:20:470:20:52

point if you've got one hand on the

saw.

Macro a two's husband John will

0:20:520:20:57

be one of the judges today, no

favouritism I hope. It shows you how

0:20:570:21:02

technical bases and how did these

guys are -- macro a two's husband.

0:21:020:21:06

Gone are the days when you climb and

cut things off, progression has come

0:21:060:21:10

through to be a world champion --

macro a two's husband.

-- macro a

0:21:100:21:17

two's husband. Have you been sizing

up the opposition?

There are quite a

0:21:170:21:22

few new phases, which is good to

see.

...

0:21:220:21:26

As the competition gets under way,

it doesn't take long for me to

0:21:300:21:33

realise what I've let myself in for.

You are seriously moving up there.

0:21:330:21:40

Tried to, it's just a lot of

practice I suppose. There's a few

0:21:400:21:44

flipside shouldn't have had.

30

seconds left.

A few things I could

0:21:440:21:52

have changed, shaking a lot, you try

to be fast with the pressure on and

0:21:520:21:57

people watching you but it slows you

down.

He's got to be on the ground

0:21:570:22:01

before the time runs out and he's

got to be unclipped. Here we go.

0:22:010:22:09

Tony Dyer Beshara is one of the

day's judges and a tree climbing

0:22:090:22:13

trainer.

There's been a lot of talk

about equipment and... -- Tony

0:22:130:22:20

Derbyshire. You need to show guys

different systems that the guys are

0:22:200:22:26

using.

You've got the best job in

the world when you climb trees, what

0:22:260:22:30

can be better than that? Over on the

Kendell challenge, Jo is showing why

0:22:300:22:36

she's three-time world champion. --

ten Dell challenge. -- Bell. How was

0:22:360:22:49

that, Jo?

It was good fun, you'll

enjoy it.

You think you've done all

0:22:490:22:53

right? No blood. Newcomer scarlet's

also showing off her skills in the

0:22:530:23:00

expert tree.

Stand-up. That's it, go

on. Keep going, keep going. Go on.

I

0:23:000:23:06

stayed on this side, which I think

helped because I was leaning away

0:23:060:23:12

from my rope.

0:23:120:23:16

It was all right, wasn't it?

Right,

can't put it off any longer. This

0:23:180:23:24

could all end in total humiliation.

Man alive! Out of my league. Clear.

0:23:240:23:32

First, getting a line in.

Just

missed it.

Second time lucky... No.

0:23:320:23:40

Third time lucky?

Cutting those

fingers.

Come on! With my line in

0:23:400:23:48

I've got to get the gear on. OK. I'm

getting a bit more help than anyone

0:23:480:23:54

else but I don't mind, I'm going to

take it. But it's a timed event.

0:23:540:23:58

Halfway through I am still on the

ground.

Ten minutes remaining.

He's

0:23:580:24:02

up!

Come on, John.

Work that

pressure, pressure.

I'm heading for

0:24:020:24:10

the Bell. Next I've got to throw a

lord in the basket.

Go on.

First go,

0:24:100:24:23

honest. Time for my speedy descent.

Feet on the ground.

One minute

0:24:230:24:29

remaining.

Clock stops when the

ropes are down.

0:24:290:24:36

I'm not catlike in the branches. I'm

clublike. Bit harsh, Tony. After a

0:24:400:24:52

long day the Ukip Championship goes

to Graham Bird. Joe has to make do

0:24:520:24:57

with run-up and Scarlett takes a

well deserved fifth -- UK

0:24:570:25:02

Championship. As for me...

12, our

friend from BBC, John.

12 out of 13,

0:25:020:25:13

unbelievably not last, although the

other two were disqualified. But

0:25:130:25:17

technically speaking that does me

I'm the 12th best tree climber in

0:25:170:25:21

the country. I guess I've got quite

a remarkable talent. -- does mean.

0:25:210:25:27

Me and trees, I think we've got

something going on.

0:25:270:25:32

You're right, I won't give up the

day job. Don't forget the e-mail:

0:25:330:25:40

I'll see you soon, bye-bye.

0:25:400:25:43

Inside Out tracks down the man behind a property investment scheme that has left savers thousands of pounds out of pocket, and Jon Cuthill takes part in the national tree-climbing championship. What could possibly go wrong?