The Axiom Emails (#1): “This Industry Is a Shocker – No Wonder I Am Going Mad…”

Axiom Legal Financing was a litigation fund that blew up in September 2012. It appears to have been a scam. The fund’s manager, Timothy Schools, is currently under investigation by the UK’s Serious Fraud Office.

Two months before Axiom went up in smoke, a salesman sent Martyn Terpilowski a promotional email announcing that Axiom had started producing a Japanese language fact sheet, due to increased demand from advisers. 

Because the commission levels were so high and the promised rates of return unrealistic, Martyn had long ago identified Axiom as dodgy and untouchable. Ironically, the promotional email he received suggested that Axiom was a bestseller. He told his colleague, “This industry is a shocker – no wonder I am going mad…”

Martyn is releasing the emails below in response to requests from victims. They’re the only Axiom-related emails he has. He never sold Axiom, and none of his clients were trapped in it. Consequently, he didn’t accumulate hundreds of emails trying to get his clients out, like he did with LM.

Disturbingly, the same guy who was promoting Axiom in July 2012 recently emailed Martyn again to promote another dubious fund. Martyn told him to go away.

Axiom Salesman

From: [Axiom Salesman]
Sent: Wednesday, July 18, 2012 12:40 AM
To: Martyn Terpilowski
Subject: Axiom – Japanese Language Fact Sheet

Dear Martyn,

Due to increasing demand, we have now started to produce the USD Fact Sheet for The Axiom Legal Financing Fund in Japanese (see attached).  If you require the fact sheet for any of the other 5 currency classes translating, please ask and we will be happy to accommodate.


[Axiom Salesman]


Taylor Moor International is a trading name of Taylor Moor Limited. Taylor Moor Limited is an appointed representative of Porta Verde Financial Services Limited, which is authorised and regulated by the Financial Services Authority (FRN: 519508).

Martyn Terpilowski

From: Martyn Terpilowski
Sent: 18 July 2012 08:26
To: [Martyn’s Colleague]
Subject: FW: Axiom – Japanese Language Fact Sheet

Now there is a surprise…

Martyn’s Colleague

From: [Martyn’s Colleague]
Sent: Wednesday, July 18, 2012 11:25 AM
To: ‘Martyn Terpilowski’
Subject: RE: Axiom – Japanese Language Fact Sheet

Its a popular one!

Kind regards

[Martyn’s Colleague]

Martyn Terpilowski

From: Martyn Terpilowski
Sent: 18 July 2012 11:34
To: [Martyn’s Colleague]
Subject: RE: Axiom – Japanese Language Fact Sheet 

This industry is a shocker – no wonder I am going mad…

One thought on “The Axiom Emails (#1): “This Industry Is a Shocker – No Wonder I Am Going Mad…”

  1. Axiom Group co-ordinator

    Thank you Martyn and Lindell for being two honest and caring people and doing your best to help victims.

    If Martyn realised Axiom was ‘dodgy and untouchable’ then so should other IFAs. Whatever happened to due diligence? Time for those that did sell Axiom to return their commissions to the victims.

    And what about the bond providers? Do they not have some duty to check out what is on their platforms?

    It is certainly time for the victims to get together and help themselves.


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