Did you know that Gordon Pettie – Chariman of the Revelation Foundation, was involved in a very serious investment scam, which resulted in many Christians and even churches losing substantial sums of money?
Most of us have at some point been involved in something that is questionable (for me it’s helping set up Revelation TV), but Mr Pettie seems to have a pattern. At present Revelation TV is being investigated by the Charity Commission for concerns that it is being used for private advantage. For more details on this please see my post below for my insider info
The reason I feel to highlight Gordon Pettie is that his involvement in the Barlow Clowes investment scam resulted in him losing his investment licence. This is particularly serious when considering the below…
“The Financial Intermediaries, Managers and Brokers’ Regulatory Association has undertaken its own investigations and recommended that disciplinary action be taken against 19 of its members involved with the case, of which three have been suspended. Those suspended are the Investments and Pensions Advisory Service Ltd. and D. C. Wilson and Gordon Pettie Advisory Services. The Investments and Pensions Advisory Service is in liquidation following a winding up petition by the Securities and Investments board and D. C. Wilson has gone into voluntary liquidation.”
The thing that concerns me is that disciplinary action was recommended against 19 involved, but only 3 were suspended. Gordon then actually lost his investment licence!
For further details of this see http://www.gordonpettie.n.nu/
The thing is… you don’t lose your investment licence for no reason, do you?
The other thing that should be noted is how many companies Gordon has been involved in. Some of them are verifiable such as The Joseph Storehouse Trust, which having personally met Barry and Batya Segal, I don’t question as a charity. However, we know that at least one was involved in a scam, two if you include Revelation TV, which has been actively misleading its viewers regarding finances and is now the subject of a statutory inquiry.
Mr Pettie (full name – Ian Gordon Pettie) holds 12 appointments at 8 active companies, has resigned from 29 companies and held 21 appointments at 14 dissolved companies. Ian began their first appointment at the age of 42. Their longest current appointment spans 20 years and 5 months at GENESIS DEVELOPMENTS (MACCLESFIELD) LTD.
The combined cash at bank value for all businesses where Ian holds a current appointment equals £964,966, with a combined total current assets value of £2,036,598 and total current liabilities of £290,672. Roles associated with Ian Pettie within the recorded businesses include: Director, Company Secretary
Read more at: http://companycheck.co.uk/director/910127680
Howard Conder in an email to firstname.lastname@example.org made clear that Gordon Pettie was the one who suggested that he set up the Foundation. He also gave indication that Gordon set up the entire financial infrastructure, which is now the subject of an investigation by the Charity Commission.
I don’t think I ever met Gordon Pettie, he joined the station a few weeks after I left, but his email responses regarding Howards lies and editing of a confidential report were very telling of his comfort levels with the situation. All he did was deny any responsibility to do anything. Howard won’t even read my emails and it’s the responsibility of the trustees to hold people to account.
They have all failed.