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Institutional Racism at its finest
For those searching for me by name, you may find some unsavoury articles appearing lower in the search results. This website has been created to deal with this and correct the narrative.
This content is a dedicated deep dive into what actually happened with my company Tullett Brown Limited and other related companies and why the media have sullied my name.
This website has been set up to reveal the lengths that the government and mainstream media will go to when spreading lies.
Whilst I understand that it makes great headlines that three brothers of Nigerian origin were busted in a £5.5 million scam, this is absolute nonsense and nothing could be further from the truth. If it were true that we had obtained money by deception, then such an obvious scam perpetrated on the public would arouse the attention of the City Of London police and Crown Prosecution Service. We would have been jailed for fraud. Obviously, this did not happen. There was not even an initial police investigation!
Unlike the government webpage (here) and subsequent mainstream media articles, I’m actually going to provide some tangible evidence and context into what really happened and demonstrate why the press releases and subsequent mainstream news article attacks amount to nothing more than sensationalism, racism and shoddy journalism.
Everything you will see here will be the same information that the Insolvency Services, ‘investigative journalists’ had at their disposal but chose not to use.
The content of this website is based on evidence and facts .
Of all the tens of articles written about the Nwikpos, you will not find ANY of the information that I am about to share with you now.
If journalism were balanced and fair as it should be, I wouldn't have to create this website to defend myself and decent journalists would publish the truth or at least contact me to establish exactly what happened and why. The sad truth is that institutional racism does exist and the press simply invented their own baseless narrative around this.
This website will set the story straight and you will be shown just how far the press has gone to continue with their racist agenda. It's embarrassing that this kind of toxic journalism is allowed to thrive in our society, but it happens. I am proof of this.
Before continuing, there are a few things I would like to clarify:
● I do not have a criminal record nor have I ever been investigated or convicted of any crime.
● I am a law-abiding citizen of good character and come from an honest family.
● I'm educated and achieved a B.A. Honours degree in Business and Economics from the University of East London. I have a keen interest in business and set up my first company (designing and printing business cards) in 2004 with funding from the Prince’s Trust and East London Small Business Centre (ELSBC). I have been mentored by leading entrepreneurs and business teachers as part of the programmes provided by the Prince’s Trust and the ELSBC.
Speculative investments
It is also important to note that investments of a speculative nature are perfectly legitimate and legal. Some investments can be illiquid and do not always have a clearly defined path to a secondary market. In many cases (such as with our company), the secondary market may develop, depending on future outcomes and variables that may or may not happen.
The key here is transparency. Did the investor understand the investments and were our investors fully aware of the risks?
I will demonstrate on this website that this was indeed the case.
More important points:
· We were a professional organisation employing around 30 people.
· Before the provisional liquidation, Tullett Brown often contributed to mainstream articles in publications such as CITY AM, HUFFINGTON POST and others. See here
· Our sales material had all the necessary risk warnings including recommending that our clients seek independent financial advice.
· Tullett Brown Ltd had a no-quibble refund policy and issued refunds when asked.
· Tullett Brown Ltd had a compliance department to ensure that sales were carried out responsibly.
· All associated companies were operated for legitimate purposes.
· Funds paid from Tullett Brown to shareholders and director companies were legitimate and in keeping with standard business practices.
· Our clients understood that the products we offered were illiquid and the market would need to develop.
· We believe there was a secondary market for all the products that we sold. I will go on to explain this in more detail.
· We paid our taxes and national insurance just like any other regular business.
· Tullett Brown was solvent.
All Tullett Brown paperwork was in order
· All clients received the full title for the products they purchased from Tullett Brown.
· We never received any complaints.
· We recorded all calls for compliance, training and monitoring purposes.
· Our compliance department was designed to confirm each client’s details, make sure they were happy to go ahead and, most importantly, make sure the risks had been explained to the client before investing.
We had the following in place, above and beyond what was necessary at the time:
None of the above was required at the time but we wanted to operate to the highest possible standards.
Where is the evidence of a scam?
With access to all call recordings, the Insolvency Service couldn’t find any incriminating evidence. Really?
The Insolvency Services had full access to our computers, brochures, emails, internal documents, files, call scripts, training handbooks and call recordings.
There should have been a treasure trove of incriminating evidence against us, but strangely, there is no mention of any incriminating findings at all.
All they could do was result in a barrage of mudslinging, saying that Tullett Brown paid £2 for carbon credits and sold for £6.90 (without even factoring in our costs? Is this a point of contention?)
Or the fact that we didn't disclose our purchase price to our clients? Is this a legal requirement?
Does every business disclose its purchase price to its clients? And the best you can come up with is an email of my brother casually discussing pay distribution?
Or that we “tried to make our outgoing payments look legit”. THEY WERE LEGIT!
Where is the smoking gun?
Where is the list of clients without any documentation for their purchases?
Where are the incriminating emails discussing the scam and making fun of our investors?
Where are the planning permission guarantees we made to investors?
Where’s proof of the guaranteed buyback promise made to investors?
Where are the scam sales scripts making false statements and guarantees?
Where are the scam training manuals teaching staff how to defraud and high-pressure sell?
Where's the proof of large cash withdrawals from the Tullett Brown business bank account?
Where is the criminal prosecution?
Where are the lengthy jail sentences?
Nowhere to be seen because it didn't happen!
Now that things have been placed in their correct context I’m sure you can now see that this is nothing more than a combined effort by the press to make us look like criminals. They may not have liked the investments that we offered but we did it in a compliant manner and we made absolutely sure the investors knew what they were getting into and understood the risks. Yes, I feel sad for our clients but it was never our decision to close Tullett Brown.
They created the scammer narrative as a final tool for humiliation. Almost as if to say, go back you where you belong - they were only ever scammers, so nothing to see here.
This is what racism looks like today. If you are looking for skinheads, drainpipe jeans and Dr Martens™ boots then you are mistaken. Institutional racism is deeply woven into the fabric of our society and allows imposters to take up respectable positions in top professions so they can change narratives to effectively brainwash the public with racial stereotyping. This will often go unchecked and unnoticed.
We were three black brothers operating a business in the city of London employing many people. This was not going to be accepted and we had to be stopped at all costs. It’s called institutional racism. The concerted efforts by the government and media to obliterate our family name based on a bunch of lies and sensationalism just go to show what lengths they will go to. I will repeat - Tullett Brown committed no crime and acted lawfully and with integrity.
I've tried to be as open as possible in writing the content for this website including leaving all of the original information intact. I haven't left anything out. Even though I'm sure eagle-eyed journalists will pick up on something to make a deal out of, the fact is that we tried to run our business in a compliant manner. We weren't perfect and made mistakes along the way, just like any other new business, but the scammer narrative is ridiculous.
The government and journalists may argue that they are entitled to their belief that our products are not suitable for private investors. This is their opinion and is not fact. We beg to differ. There is enough information on this website, placed in the correct context to show that there was a very solid argument to be had from our side.
What is very sad is that even ten years on people read this stuff and think it is the truth. In reality, they are looking through the distorted lenses of what I believe are institutionally racist journalists that wish to tell a story the way they think it should be told. They wish their version could be true! The truth doesn't even come into it.
I am 42 years old and grew up on a council estate in East London. I have seen plenty of racism in my time. But this institutional stuff is off the scale. When the Government, media, journalists and even our bankers combined their efforts to fight tooth and nail to close a company that was clearly operating legitimately just shows how bad the problem of institutional racism is.
Scammers and fraudsters in this area of investment have been caught and duly punished with custodial jail sentences. The press has found a way to give this same status to innocent men based on the colour of their skin.
The role that carbon credits play today in the climate change agenda cannot be underestimated. It’s my view that we probably have a global carbon tax where individuals are taxed at the purchase level (like another VAT). Carbon credits have been an investment tool for institutions for many years that continue to sell at a significant profit.
Greenbelt land will continue to be reclassified for housing development in areas where new homes are needed. Greenbelt landowners will continue to make fortunes. Many companies are flourishing today that sell restricted Greenbelt land to private investors. If this is fraudulent, then why are they still operating today?
The evidence I have provided here today is irrefutable. Not only did we act lawfully, but we also took extra steps that were way beyond what was necessary at the time to make sure our clients were well informed.
Our clients lost money, not because of an elaborate fraud perpetrated by Nigerians but due to the Insolvency Service's decision to fight tooth and nail to wind up the company even though it’s obvious that we were acting lawfully. We were in the process of expanding our business to facilitate potential exit plans for our clients in the future. They needed a scapegoat as winding up Tullett Brown would leave our clients high and dry. We matched their needs perfectly. Yes, I feel sad for our clients but it was never our decision to close Tullett Brown.
We did have the opportunity to present this information to the court but as you have seen, the Insolvency Service’s collusion with Barclays Bank along with stress made that process extremely difficult.
One could understand if there was a string of complaints from customers who felt they had been scammed, and that the authorities would take action. This is distinctly different to investigating to the absolute fullest and closing a company because the name above the door doesn't fit.
It’s worth noting that during our meetings with the Insolvency Service, all they kept asking was, “Why would you want to set up a different business while operating Tullett Brown?” This was referring to Carvier and Foxstone Carr. I was astounded by this because even though thousands of new businesses grow in exactly this manner every day, it was inconceivable to them that we had genuine intent to grow the business in the way that we had. And I'm sorry to have to keep reverting to this but this is because, in their mind, we did not fit the stereotype of successful business people so they just couldn't accept that we were genuinely expanding our business for legitimate purposes.
I'm UNDER NO ILLUSION. Of course, I am aware of the horror stories of real scams that have taken place in this industry and others. But as you have seen, none of those has anything to do with Tullett Brown or related companies..
My very final thought
News should be decentralised, censorship-resistant and on the blockchain. Never should a small group of media companies get to decide what news you hear or what the day’s top stories will be. News is like a living organism and top stories should naturally find their way to their rightful position based on demand and contribution by regular people, not biased, sexist or racist journalists and corporate media.
News is for everybody and anybody should be able to contribute. That way we would get a much clearer and truer picture of what is going on in the world.
Our treatment was an absolute disgrace but is unsurprising when you are dealing with racism!
It's only now that we are seeing changes and a zero-tolerance attitude toward racism in our society which is why I now feel comfortable speaking about this after so long.
Always remember…….It's not what you say in life, it's what you do. Nobody ever admits to being racist. It's their actions that tell you everything you need to know!
Tullett Brown committed no crime. We acted lawfully and with integrity. Its shareholders (The Nwikpo brothers) were called scammers because they were black.
Daniel Nwikpo