Tom Winnifrith Explained

Thomas John Zacchaeus Winnifrith (born January 1968) is a former British journalist, share tipster and former fund manager.

Early life

Tom Winnifrith was born in 1968[1] He studied PPE at the University of Oxford (1987–90), graduating with a lower second degree.[2]

Career

Tom Winnifrith is the founder and editor[3] of the website Shareprophets.com. He was at one stage chief executive and founder[4] of former ISDX listed Rivington Street Holdings (RSH)[5] [6] before stepping down in 2011.[7]

He has formerly worked as a financial journalist for Investors Chronicle and the London Evening Standard. Winnifrith was the resident investment expert on the Channel 4 game show Show Me The Money.[8]

Controversy

Winnifrith was expelled from the Liberal Democrat Party by Paddy Ashdown in 1993 for allegedly "pandering to racism". He was subject to an investigation by Metropolitan Police Service at the request of the Attorney General at the time, Sir Nicholas Lyell, and then Shadow Cabinet Minister Jack Straw, which found no wrongdoing.[9]

In September 2017, Winnifrith authored an article that claimed that the FCA would not be shutting down Beaufort Securities.[10] In March 2018, Beaufort Securities was shut down, declared insolvent, and charged with fraud, following a joint FCA, FBI, SEC and DOJ investigation.[11] [12] [13] [14] [15]

His time as CEO of Rivington Street Holdings (RSH) has also come under criticism, including accusations of multiple compliance failures while running a regulated company and acting "ultra vires", attempting to sell an FSA regulated entity without the approval of the RSH board [16]

Personal life

Tom is married to Ranji Devadason,[17] sociology lecturer at Keele University.[18] The journalist and author Christopher Booker was his uncle.[19] [20] Winnifrith’s mother committed suicide in 1976.[21]

Notes and References

  1. https://www.companiesintheuk.co.uk/director/3965131/thomas-winnifrith MR THOMAS JOHN ZACCHAEUS WINNIFRITH.
  2. https://www.linkedin.com/pub/tom-winnifrith/12/31b/4b tom winnifrith.
  3. https://www.bloomberg.com/news/articles/2019-06-08/woodford-internet-nemesis-claims-vindication "Woodford Internet Nemesis Claims Vindication"
  4. https://www.telegraph.co.uk/finance/comment/citydiary/9240624/City-Diary-Frank-Timiss-CV-is-not-without-its-blemishes.html "Real Man Tom slices up his empire in tasty pizza sell-off."
  5. https://www.companiesintheuk.co.uk/ltd/rivington-street-holdings-(uk)|Companies in the UK
  6. https://www.independent.co.uk/money/spend-save/derek-pain-herotozero-rsh-may-have-done-too-much-too-soon-7811841.html "Hero-to-zero RSH may have done too much, too soon."
  7. http://citywire.co.uk/money/comeback-for-peter-webb-as-t1ps-review-prompts-winnifrith-exit/a592544 Comeback for Peter Webb as T1PS review prompts Winnifrith exit.
  8. http://www.iomtoday.co.im/news/business/tom-winnifrith-quits-1-4721618 "Tom Winnifrith quits".
  9. News: Lib Dems accused of 'whitewash' over racism expulsions. 1993-12-18. The Independent. 2017-05-24. en-GB.
  10. https://www.shareprophets.com/views/31440/beaufort-securities-alarming-email-panic-notthe-fca-is-not-shutting-it-down "Beaufort Securities - alarming email? Panic not the FCA is not shutting it down".
  11. https://citywire.co.uk/wealth-manager/news/beaufort-securities-charged-with-fraud-by-us-prosecutors/a1097638 "Beaufort Securities charged with fraud by US prosecutors".
  12. https://www.justice.gov/usao-edny/pr/six-individuals-and-four-corporate-defendants-indicted-50-million-international "Six Individuals And Four Corporate Defendants Indicted In $50 Million International Securities Fraud And Money Laundering Schemes"
  13. https://citywire.co.uk/wealth-manager/news/fca-kept-beaufort-securities-alive-for-fbi-fraud-probe/a1099704 "FCA kept Beaufort Securities alive for FBI fraud probe"
  14. https://www.sec.gov/litigation/litreleases/2018/lr24067.htm "SEC Charges U.K. Brokerage Firm, Investment Manager, CEO, and Others for Manipulative Trading in U.S. Microcap Stocks"
  15. https://www.ft.com/content/24db2600-22ff-11e8-add1-0e8958b189ea "Share pumping and Picassos: $50m scam that killed a London brokerage"
  16. https://sharetipstersuncovered.wordpress.com/2015/01/06/rivington-street-holdings-bedroom-fantasy-to-corporate-catastrophe/ "Rivington Street Holdings – Bedroom Fantasy to Corporate Catastrophe".
  17. https://www.shareprophets.com/views/11962/why-i-am-voting-labour "Why i am voting Labour".
  18. https://www.keele.ac.uk/spgs/staff/ranjidevadason/
  19. https://www.tomwinnifrith.com/articles/3810/christopher-booker-on-my-grandfather "Christopher Booker on My Grandfather".
  20. https://uk.advfn.com/newspaper/tom-winnifrith/18354/video-christopher-booker-the-thatcher-i-knew-nearly-always-right-in-the-end "Christopher Booker – The Thatcher I knew, nearly always right in the end".
  21. https://www.tomwinnifrith.com/articles/5364/the-deaths-of-my-mother-and-aunt "The deaths of my mother and aunt".