Australian politician James McGrath describes former Fulham sponsor as ‘shady as hell’ and calls for an investigation against Titan Capital Markets just weeks after the Premier League club dropped them as a partner
- Australian politician James McGrath blasts ex-Fulham FC partner
- He describes Titan Capital Markets as “sleazy as hell” and calls for an investigation
- Fulham dropped the company as a sponsor following the Mail on Sunday findings
An Australian politician has branded one of Fulham’s former sponsors ‘shady as hell’ while questioning his country’s business regulator in parliament.
Queensland Senator James McGrath has asked the Australian Securities and Investment Commission (ASIC) to investigate Titan Capital Markets, which was dropped by Fulham last weekend following an investigation by that newspaper.
We revealed that some of the Titan staffers portrayed as senior executives in promotional videos and brochures were actors, and one of them was actually the leader of a real-life punk band.
Fulham have dramatically ended one of their new business partnerships following a Mail on Sunday investigation
Titan agents also “guaranteed” unrealistic annual profits of “at least” 480% and falsely claimed that all investors were insured against losses when investing.
Senator McGrath has praised The Mail on Sunday investigation which led Fulham to call off their trade deal and said he was embarrassed that a ‘dodgy Australian company’ had so easily deceived Fulham.
After this newspaper presented our shocking findings to the club and asked a series of detailed questions about the partnership, Fulham rejected Titan, with a club spokesperson stating: “The agreement between Fulham and Titan Capital Markets has been terminated. ”
Titan Capital Markets has repeatedly used the club’s brand and Premier League status to establish its legitimacy
Titan, whose nominal HQ is in Canberra, also recently had its website geoblocked in the UK, US and Australia. The company is not regulated in the UK.
The senator noted that Titan was using its deal with Fulham to prey on financially disadvantaged people in Africa, after repeatedly invoking their relationship with Fulham in all of their marketing materials.
Even including a message sent in WhatsApp groups to investors and potential investors, stating that “TITAN is in partnership with an English Premier League club named FULHAM FOOTBALL CLUB”. No football club will partner with a fake project and they would have done a check to make sure the company is real before allowing the company to sponsor them.