Mcindoe Scam (1 Viewer)

Nick · Jan 3, 2015

Looks like there are even more he ripped off:

http://www.mirror.co.uk/news/uk-news/hundred-football-stars-caught-30million-4915352

Sky Blue Pete · Jan 3, 2015

That's terrible isn't it and proof that no amount of money is enough for some people.

if something looks too good to be true it normally is too good to be true

lordsummerisle · Jan 3, 2015

A place on the board beckons..

sw88 · Jan 3, 2015

Footballers must have twigged that some sort of a scam was going on here though shouldn't they?

wingy · Jan 3, 2015

Will he do time probably not .

skybluetony176 · Jan 3, 2015

He'll still pass the FL's fit and proper test.

ccfcway · Jan 3, 2015

Sky Blue Pete said:
if something looks too good to be true it normally is too good to be true

Coventry City - The Way Forward

http://www.ccfc.co.uk/news/article/the-way-forward-coventry-city-020115-2177171.aspx

Silence_Is_The_Enemy · Jan 4, 2015

thats nothing i was scammed into paying for his name and number on the back of my city shirt when we signed the useless plank

SkyBlue_Bear83 · Jan 4, 2015

Seems to epitomise everything that is wrong with football and what was wrong with our club at that time. Hopefully we will never see players like Mcindoe in a city shirt ever again.

craigus12 · Jan 4, 2015

As much as a business man as he was a footballer.

Jack Griffin · Jan 4, 2015

McIndoe was born in the Sighthill district of Edinburgh and has spoken in the past about his tough upbringing and his battle to overcome drink and *gambling problems.

I think maybe he never got over his gambling problem.

Sorry to say this but the footballers who invested in McIndoe's scheme must be total planks!

DaleM · Jan 4, 2015

If it sounds too good to be true , it usually is .

TheParsonsHose · Jan 4, 2015

The promise of a 20% return each month should have put people off! This is a sad tale of greed and one mans addiction to gambling.

Forget a place on the board this could be the next box office smash.

ecky · Jan 4, 2015

Jack Griffin said:
I think maybe he never got over his gambling problem.

Sorry to say this but the footballers who invested in McIndoe's scheme must be total planks!

Robbie keane, jimmy Bullard apparently

rupert_bear · Jan 4, 2015

Interesting, I remember the Ponzi scheme being used on a much smaller scale in a number of Coventry car factories in the 80s. Basically sell brand new cars for a little less than half price cash to one or two at each factory, they run around boasting how good it is and they unintentionally become the salesmen, the crook gets up front payments and disappears. I think the crook concerned scammed over £2million, got a years prison but no money handed back, back in the early 80's 2mill for a year in nick I would say was a nice little earner

mrtrench · Jan 4, 2015

Re the question 'will he do time?' Did he do anything wrong? It's only a scam if he hides what he is doing. Did he 'promise' 20% return or did he suggest this could happen?

Looks to me like he managed to convince some idiots to give him money to gamble with.

James Smith · Jan 4, 2015

Years ago I was phoned by someone telling me that I had won the Spanish Lottery - El Gordo. I said I never entered lottery and they said a friend did it as a gift. All I had to do was send £100 to cover the foreign currency transaction. Yeah right, of course I'll send you the money.

Few weeks later went to an exhibition at Earl's Court and saw someone selling mobile phone radiation absorbers, for about £9.99. These were about 1cm square and you stuck them on the phone to protect yourself from the harmful effects, looked like they cost well under 50p to make. The stand looked very busy whilst we were there as people were panicked about frying their brains. Sadly they were very unlikely to work as that radiation is what allows the phone to make and receive calls. Overheard them say they'd sold close to 1,000 which isn't too bad for a days work.

Captain Dart · Nov 6, 2016

He is living in South of France.. may have ripped off 300 mugs.
http://www.coventrytelegraph.net/news/coventry-news/ex-coventry-city-midfielders-investment-12134602

skybluesam66 · Nov 6, 2016

not sure if it is the same thing, but i remember Benno advertising in the matchday programme, offering massive returns on investments
Maybe Mcindoe got him onside, or it may have been something totally different
I remember it used to be in every week back in the champrionship era = and I used to think then that something was very odd, as the returns mentioned were never going to happen

Hobo · Nov 7, 2016

mrtrench said:
Re the question 'will he do time?' Did he do anything wrong? It's only a scam if he hides what he is doing. Did he 'promise' 20% return or did he suggest this could happen?

Looks to me like he managed to convince some idiots to give him money to gamble with.

Surely he was just shepherding their money.

Hugh Jarse · Nov 7, 2016

TheParsonsHose said:
The promise of a 20% return each month should have put people off!

If it sounds too good to be true, chances are, it probably is but I suppose the greed factor kicked in big time.

No tears from me I'm afraid.

duffer · Nov 7, 2016

Bertola · Nov 8, 2016

skybluesam66 said:
not sure if it is the same thing, but i remember Benno advertising in the matchday programme, offering massive returns on investments
Maybe Mcindoe got him onside, or it may have been something totally different
I remember it used to be in every week back in the champrionship era = and I used to think then that something was very odd, as the returns mentioned were never going to happen

Sounds like the Wasps Retail Bonds

Captain Dart · Jan 24, 2017

More news about footballs favourite investment manager
Former Coventry City star quizzed by fraud detectives

wingy · Jan 24, 2017

Jeez he should have set up a hedge fund!

Hobo · Jan 24, 2017

It is not so much the investments didn't come off but the fact he was living a high life off them. Pure greed.

mrtrench · Jan 24, 2017

ccfcway said:
Coventry City - The Way Forward

Coventry City - The Way Forward

"The Academy is not a profit centre."

Mcindoe Scam (1 Viewer)

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