From the bowls of Frinton on Sea, I bring you news of 'FrintonGate' (Pun very much intended!)
I can assure you all that these 'victims' are indeed nothing less than a greedy bunch of previously smug bigotted lemmings. GLYDER: You are so right. For the love of God, stay away. To return could easily turn you into a bullet-spraying lunatic. The place is swarming with rude, (previously)smug, self-satisfied and unfriendly people!
For the sake of refusing to accept responsibility of FRINTONGATE, these smug bigots took Dicko (AKA Ian Dickinson) from the lofty heights of Hero to the lowly depths of Zero in a matter of minutes once the news broke. I MEAN...REALLY <said in the fashion of Stephen Fry!>
I imagine that it was incredibly difficult for Our Dicko to stop this incredulous snowball from rolling, gathering more and more snow as it travelled through the Avenues of the once-respected town of Frinton on Sea. It is understood that he actually had people arriving at his door, pushing cheques into his hands.
Apparently, trading began some years ago quite legitimately, but once a loss was made, as smooth as silk, in came the Ponzi. And who could actually carry that off in such a fashion - Our Dicko! Smooth tongued, confident, loud, plummy, pillar of the community....Whether he liked it or not, he was in...
And so, the fallout is that HE is the Sinner. God forbid that all those greedy, greedy investors should be at all responsible....they were quite happy receiving a Word document each month showing their money increasing by 10% EACH and EVERY month.
An amusing view, I found, is that all the signs have been very evident around here that this had indeed become a Ponzi scheme, ticking all the boxes of the best known previous bandits, Ponzi himself, and more recently, our old mate, Bernie Madoff. Yet, Dicko's investors continued to literally throw money at him. I MEAN...REALLY <Again, in the tone of Stephen Fry>
The scale of this is pretty, pretty huge. I am willing to bet (and only a fool or rogue bet!) that everybody will know someone who has been one of Dicko's Dopey Dunces!
Traders out there, reading this, surely can only be happy, for 'one man's loss is another's gain'. So, YOU just may have won some of Dicko's money (loose description!). Good for you!
As for Dicko....Where is he? There was a rumour that he was spotted in a Burger King restaurant, but as punter or employee is currently unknown...
As for the Investors (AKA Greedy Bigotted Muppets), they can be found daily attending 'Group Therapy' (Crying into their beers) at the following locations: Frinton Golf Club, Frinton Cricket Club and, when in session, at the Frinton Rotary Club.
Your humble servant,
The Whistleblower