You are having a meaningless debate

since Mr Walpole has stated that this will be a charitable trust. Which is interesting, since investigation reveals that none of the handful of other broadly similar schemes have such status (the Bournemouth scheme, for example, is a high-risk investment scheme authorised by the FSA). As far as I can see FONCY is not a charity either - so it will be interesting to see into which of the various charitable purposes outlined above Mr Walpole's scheme falls.

Posted By: Five guys named Creo, Jan 24, 11:31:33