Did you know that Michael Hone, AKA Michael Metcalfe, AKA Michael Metcalf was involved in a big fraud case in the UK the appeal for which was dated 29 July 1999, the outcome of which is freely available at www.ucc.ie/law/restitution/archive/englcases/jyske.htm. The case is JYSKE BANK (GIBRALTAR) LIMITED Plaintiffs V (1) JAN HENNING SPJELDNAES (Male), (2) MICHAEL METCALF and others, including wife number 3!
From that document Lord Justice Nourse says "It seems to me that Mr Metcalf must have become involved in the dishonesty of Mr Spjeldnaes as soon as he realised that Mr Spjeldnaes had a personal interest in any of the transactions because such a personal interest was inconsistent with Mr Spjeldnaes' duties to protect the Bank's interests. If he was not already aware that Mr Spjeldnaes was acting dishonestly such knowledge must have put him on enquiry that Mr Spjeldnaes was so acting. There is no evidence that at any stage Mr Metcalf took any steps to contact other officials of the Bank with relation to the conduct of Mr Spjeldnaes. Accordingly the question of Mr Metcalf's dishonesty turns, in my view, on whether and if so when he became aware of Mr Spjeldnaes' personal interest in the transactions."
The judge concluded that there was an overwhelming case that Mr Metcalf was acting dishonestly from an early stage in his relationship with Mr Spjeldnaes and that the Bank had made out its primary case against him. He entered judgment against Mr Metcalf in the sum of £41.03m plus interest of £24.124m.
Yes folks this is millions we are talking about. Now ask yourselves who is behind Royal Marbella Group, who is behind Royal Duja? You still want to buy?