Saskia Bystedt
defrauded Columna investor!

Introduction to Saskia Bystedt - retired businesswoman, now living in poverty because of her pension investment in Columna!!!

I am a Dutch national, living in retirement in Spain. My financial advisor, Spanish national Filip Gil, lived in Malaga near my partner and I. Gil was in a partnership with Stefan Gustafsson, in a financial advisory group called Robusto. Gustafsson, a Swedish national, was setting up an investment fund called called Columna Commodities ("Columna"), part of a family of funds labelled LFP I SICAV. Gustafsson, and 2 other financial advisors, Aaron Pacitti and his wife Yana Pacitti, were the investment advisors for this complex commodities investment fund. My partner and I invested into Columna, several times over, with Gil's encouragement, to become substantial shareholders!

This family of funds was regulated in Luxembourg by the CSSF, had PWC as its auditor, had ABN Amro Bank as custodian, then SocGen bank, and Apex Group Malta as fund administrator. Luxembourg Fund Partners, now Alter Domus Management, were the fund managers. With hindsight it is strange that such a complex investment fund should be authorised for business, when neither the directors, the fund managers, nor the investment advisors had any experience in commodities investing at all!! But with approx. 1% positive returns every month for 3 years, this regulated fund seemed a sure-fire investment, until its total collapse to zero late 2016. In 2023, I still haven't recovered 1 cent from my invested life savings in Columna...

As for the fraudsters and inept service providers?? Nothing - they have all got off scott-free!! A financial fraud investigator voted in as director in late 2018 initiated over 40 law suits, criminal and civil, against many parties involved in LFP I, but this and complaints to the European regulators about the CSSF ruffled too many feathers so he was banned as a LFP I director by the CSSF in May 2020. Columna and the other defrauded sister fund/Ponzi schemes are now in the hands of a liquidator, a one-man band with little prior fund experience who continues to scratch his head in bewilderment while little progress re recovery of shareholders' money is made. David Mapley, the ex-director #luxembourgwhistleblower who investigated the financial losses and frauds, remains confident of recovery of all our monies, except that the Duchy of Luxembourg is engaged in one big cover up. His upcoming book #adirtyfund should ruffle more feathers and expose all the misdeeds...

Here is the Luxembourg Times article that exposed the story "A €100 million vanishing act" - sadly I was front page of this article that came out in March 2021. Luxembourg Times Expose!

Here is the web-site presented by the investigating directors that gives a detailed story of 4 Ponzi schemes, multiple frauds and service provider failings, with the help of a complicit regulator! www.lfp1-sicav.com