I submitted the following complaint to The Financial Conduct Authority. I will publish their response as soon as they revert to me. I chose not to disclose my address due to the threat of recriminations by Mr King’s underworld contacts:
“David Cunningham King procured information that was hacked by William Stevenson from a secure database for the sum of £25,000. He subsequently released this confidential information, allegedly aided and abetted by Paul Murray and James Traynor, to discredit the former board of RIFC and cast aspersions on their integrity. He also orchestrated a campaign of civil disobedience via Craig Houston who has been rewarded for his illegal endeavours with a director’s position on related party, Club 1872. Mr King, who has been indicted for share manipulation in South Africa, personally released or via agents acting on his behalf, a series of black propaganda articles to drive down the share price to an all time low of 18 pence. The price of the equity at the IPO was 70p. When the share price hit rock bottom, Mr King acquired 14.57% of the equity and with his concert party of Douglas Park, George Letham and George Taylor, acquired a controlling interest in what was then a regulated LSE AIM company, which falls within the scope and remit of the FCA.
There is no doubt whatsoever about Mr King’s share manipulation. The details of his £25,000 acquisition have been revealed in court. Police Scotland visited Mr. King in South Africa, gained access to the hacked information, and chose not to charge a fellow member of their Masonic brotherhood. Police Scotland are using King’s illicitly gained information to pursue the owner of the original Rangers company, RFC plc.
When King called an EGM to oust the former board, he claimed that he had a choice of NOMAD at his disposal. He lied. He was described by an Appeals Court Judge as ‘a glib and shameless liar.’ No NOMAD was prepared to represent any company with a convicted criminal as its chairman. Mr King has 41 criminal convictions for tax evasion. RIFC was delisted from AIM. Thousands of small investors have “lost their shirts” due to the lies and financial malfeasance of Mr King and his rogue board.
It behoves the FCA to fully investigate this matter. I contend that Mr King is guilty of blatant share manipulation, fraud and other financial misdemeanours that are incongruous to his role as a director of a U.K. PLC. I will be publishing my complaint on my popular blog site, http://www.johnjamessite.com, which currently has fast approaching 9m hits and in excess of 1.5m distinct visits.
Justice must be seen to be done.”