Safe Or Scam is representing clients who were told to pay their investment money to Isomatrix TG Ltd. The bank receipts show that payment was made to the Hainault branch of Barclays bank.
Isomatrix TG Ltd was a mule working on behalf of the scam company StratXMarkets.
Isomatrix TG Ltd was incorporated on 31st October 2013 and was dissolved on 24th November 2015. The full history of the company is publicly available on this Link
Under the 'Filing History' tab it can be seen that the original address of the registered office was 118 New North Road, Ilford, London IG6 2XJ. The website Zoopla.com describes this address as a residential terraced property.
Under the 'People' tab on the Companies House link it shows that the sole director of the company was a man called Gregory Odia. This Link shows that all the shares were owned by Gregory Odia.
Publicly available information on this Link shows all companies associated with Gregory Odia. The link shows that all of them have exactly the same registered office address.
This Companies House Link shows that a company called Elizabeth Odia Ltd is also registered to that address.
This Link shows that Gregory Odia also has a company registered in Cyprus.
In December 2014, Isomatrix TG Ltd moved its registered office to 20 Abchurch Lane, London EC4N 7BB. This was the address of StratXMarkets in the UK and was the place where a young woman was raped in the office at the time that Isomatrix was registered there. A worker at this address was convicted and sentenced to 6 years imprisonment. Here is the Link to the story.
We contacted the director of Isomatrix TG Ltd, Mr Gregory Odia, to ask him about our client's payment into his account. We pointed out to him that his company did not declare any income to HMRC prior to closure, which is an offence. We also pointed out that opening a UK bank account for a company requires the consent and signature of the director. His response was as follows (a copy of the email can be provided):
Thank you for your email and for bringing this to my attention. Unfortunately I cannot answer any of your questions, not because I do not want to but I just don't know the answers. I acted within the rules as a nominee director...."
We assume that Mr Odia used the term 'nominee director' to imply that he did not really have anything to do with it and did not know what was going on. Unfortunately, the Companies Act in the UK is very clear. It does not recognise 'nominee directors'. If your name is listed as a director of a UK company, especially if you are the only director, you are entirely responsible for all the actions of the company.
We believe Mr Odia must have knowledge about the StratXMarkets scam because the Isomatrix TG Ltd bank account was used. We asked him who first approached him ? What was the deal they offered him ? How much money did the company take from investors ? Where did the company send the money ? Why has he got a company in Cyprus ?
Mr Odia declined to answer any of these questions. Our investigation into his activities and those of other companies listed at the New North Road address are continuing. We are in discussions with UK authorities regarding Isomatrix TG Ltd.
We have been able to track down one of the key perpetrators of the StratXMarkets scam (who is also involved in several different binary options scams). He lives within 2 miles of 118 New North Road, Hainault, Ilford.
If you would like more information on Isomatrix TG Ltd, the companies and people involved please contact us via the Contact Form on this website.