Parmafey Int & Balquidder Advisors

2 of 2 Parmafey reviews

Update added by user Jul 15

It would seem that they have managed to have the other review that was on this site taken down... I am still owed a large sum of money and I know at least ten other people who are as well...

If anyone has any information on these two please let us know.

Thank you all for your comments, please keep the information coming.

Original review posted by user May 05

Parmafey Int ( and Balquidder Advisors ( are one and the same company run by Alec Maclaren/Alex Mcgrory ( and Allan Canning.

They have a history of misleading investors and not paying there staff.

I as others are currently owed high sums of money by them, they seem to be winding up there current companies (maybe they have ripped off so many people they have burned these companies (websites below). As far as I can tell Alec Maclaren is living in Javea Spain and Allan Canning is in Glasgow. All the telephone numbers for the companies are no longer working but the websites are still up, the only number on the website that is working is the Bulgarian office number, how ever that seems to be a number to an ex-employee who said that he is very keen to talk with either Alec or Allan.

They have no license to give financial advise in Europe, Middle East or Asia. Be very careful if you have contact with either of them...

Telephone Numbers:

UAE Tel: +971 4454 9849

UK Admin +44 141 628 7928

LinkedIn Profiles:

This review is a subjective opinion of a user.
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Product or Service Quality
Additional Fees
Value for money
Diversity of Products or Services
Exchange, Refund and Cancellation Policy
Customer service

  • What I liked
      No items
  • What I disliked
    • Being ripped off

Reason of review:
Preferred solution:
Full refund
Monetary loss:
Product or service
Deta Fund
Review category
Professional Services
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Jul 22 #1188398

In a letter of introduction to a potential investor Alec MacLaren writes "Balquidder Advisers Ltd with 25 years experience as a financial adviser has taken over Parmafey International and Balquidder are a representative of Abana which we all know they have denied. Balquidder has only been in business for just over a year and according to Companies House in the UK its worth £100 with no accounts posted. The sole director and owner is Allan Canning and this can be viewed in Companies House Webcheck for £1.00. Allan Canning's CV in his LinkedIn confirms that until he set up Balquidder he had no previous experience as a financial advisor. There is not one creditor who lost money investing in the many Alex McGrory/Alec MacLaren companies listed in Big Fish who does not regret doing their homework before investing with him. Its unlikely the new investors who are complaining to this website had researched thirteen of the companies listed in the Big Fish Website. They would have found out they have dissolved or liquidated. Sadly we welcome you to our group.

73 0 Reply

Jul 18 #1186771

Alec MacLarens Slideshare and the crazy gobbledegook must be as big a mystery as where has all the investors money gone? In the big fish investors website click on documents and the loss as stated by the journalist is under stated according to two former employees, but it was all that could be proven at that time.

76 1 Reply

Jul 18 #1186557 Cupar, Fife, United Kingdom

The "Alec Maclaren Slideshare" website is more like something out of the late Stanley Unwins U Tube. Alec must be having a laugh because dyslexic or not no one can be as bad at composiing reports as this.

76 0 Reply

Jul 16 #1185832 Kirkcaldy, Fife, United Kingdom

The "Alec MacLarens Slideshare" Website confirms the opinion of a former fellow Student at the Scottish Agricultural College that Alec is dyslexic. Ever since the website was constructed there have been varying views amongst the creditors with someone even suggesting that as a former soldier he was recruited as a Secret Agent and he is sending out covert messages. Someone said the contents of the website were designed to manipulate the search engine, but if this was the intention its not working. Former employees agree that the Slideshares are Classic Alex McGrory/Alec MacLaren composition who during in his time in business seldom if ever composed an original document on his own and relied heavily on Skype to sell his phoney investments. This might explain Allan Cannings role as another one of his many interpreters.

79 0 Reply

Jul 15 #1185613 Kirkcaldy, Fife, United Kingdom

There is incredible information in the comments in this website about how two men with no qualifications can fool so many people into subscribing to investment funds that never ever existed. Even more incredible is the insignificant number of people in authority who are qualified to investigate internet fraud. According to an inside source it was less than twelve in Scotland when Alec MacLarens Big Fish liquidated in the Virgin Islands. There's nothing sophisticated about Ponzi schemes and they are only about having the nerve to operate them. The investors are paid above average dividends from their own money until it runs out.

78 0 Reply

Jul 15 #1185365

How is it possible that Alex McGrory alias Alec Maclaren a former Dairy Herd Assistant according to his Alex McGrory Linkedin assisted by Allan Canning a former Bus Driver according to his Linkedin could be offering financial advice and investments which ruined the lives of innocent people from as far away as Iceland and Oman? All this despite a Financial Conduct Authority (FCA) warning regarding Balquidder Advisers. In an introduction to an offshore investor MacLaren included the same generic waffle which he was using ten years ago. It couldn't possibly be an original script because his junior school classmate said he is dyslexic and a fellow Student at a Farming College said he needed one to one assistance from the Lecturers to complete the first year of an HNC. His two business degrees in his Alec Maclaren Linkedin are therefore hard to believe. If in doubt check his composition and grammar in the website "Alec MacLaren Slideshare".

79 0 Reply

Jul 14 #1185036 Solihull, England, United Kingdom

My brother never got paid his wages at the now defunct Big Fish in the Glasgow office and telephone sales ladies in Glasgow and Bodmin never received their wages from Alec when he operated the dissolved SMS Signals IFA appointment scam. As someone suggested if you have not been paid your wages from Canning or MacLaren you have nothing to lose if you contact the authorities and tell them all you know. Alec Maclaren when he was known as Alex McGrory never paid his close friend a famous football player for renting his office. His change of name was in his words "because of a dispute in his family", which makes sense as he had used a family member's name to obtain a credit card and failed to make the payments.

77 1 Reply

Jul 13 #1184630 London, London, United Kingdom

It seems there are difficulties in prosecuting offshore related investment fraud like Big Fish Private Equity which had its roots in Cyprus. Its possible the UK Police will have relied heavily on the co operation of the relative agencies in Limassol. The recent failed investments were made via Parmaserv Ltd and Balquidder Advisers Ltd at Hydepark Business Centre in Springburn Glasgow and this should make it easier for Police Scotland. Innocent employees of these companies who reported that they weren't paid their wages should check in with the Business Fraud Division at Gartcosh Crime Campus Nr Glasgow. They like the former employees of Big Fish have nothing to lose by telling the truth.

78 0 Reply

Jul 06 #1181996 Edinburgh, Edinburgh, City Of, United Kingdom

For certain Alec MacLaren and Allan Canning were never authorised to give financial advice. Allan Canning in his LinkedIn was a bus driver, driving school instructor and retail assistant. Alec Maclaren also known as Alex McGrory in his LinkedIn was a Dairy Herd Assistant. Milking people is obviously a lot more profitable.

79 0 Reply

Jun 25 #1177747 Leven, Fife, United Kingdom

Alec's home address is not Renvida, Carrer San Joan2, Beniarbeig, Alicante 03778. This is or was the address of Balquidder Advisers, Parmafey Int and Detafunds. com. His office in Hydepark Business Centre in Glasgow has closed.

87 0 Reply

Jun 12 #1172047

A subscriber to our action group posted the address of Alec MacLaren in Spain as Calle San Juan, 2 en el municipio de Beniarbeig, de Alicante 03778. If this is true and you want to speak to Alec then better move quickly as he is always on the move. To our surprise his partner Allan Canning disappeared like a ship in the night from their 2 call centres in Hydepark Business Centre in Glasgow. Allan remains in Scotland in Cromrach House, Clynder, Nr Helensburgh. There are varying views about whether he is just another one of Alecs Patsy or whether he was totally complicit in the Detafunds investment scam. From posts to our group it looks like he was complicit but Alec can be very persuasive as many of us know to our cost.

92 0 Reply

May 30 #1166466

I am an ex-employee of Parmafey I am owed a large amount of money by Alec Maclaren and Allan Canning! In one week unless I have heard from them and received the money owed I will release here, all emails and skype messages I have from them saying that they have sent the funds to me time and time again! By the way I have not had the money i am owed just lies and broken promises!

100 0 Reply

May 31 #1166885

Canning lives in Cromrach House in Clynder near Helensburgh and he is from a good Catholic family. Your best chance of getting paid is to contact Allan or his Brother Tommy a famous Artist for the Catholic Church. Tommy and his Partner live with Allan.

96 2 Reply

Jun 01 #1167245

If you could email me his contact info that would be of a great help to me. it will of course be completely confidential.
Thank you for your help in advance.

91 0 Reply

May 18 #1161043

He did the exact same thing with cavendish and his super dooper Bigfish fund ..hook you in with promises the trys to vanish ...same old same old story

98 0 Reply
Another Angry Client

May 11 #1157163 Dubai, Dubai, United Arab Emirates

The warning notices just keep coming!
I wounder what Alec Maclaren and Allan Canning have to say about this?
Mind you, you can never get hold of them and then wait weeks and weeks for a response back!

98 0 Reply

Jun 01 #1167411

80 0 Reply

May 10 #1156664

Look's like Alec Maclaren and Allan Canning are moving into the property business!
Good luck if you buy a house of these guys

93 0 Reply

May 10 #1156554

I was a client of Alec Maclaren, he assisted me with my offshore investments, everything was ok as far as I knew until i asked him to with drew some of my funds from the DETAFund, I have now had no contact from him or Allan Canning, I have been sending emails and calls but get nothing back from them other than excuses as to delays in me receiving the funds from this.
Alec this cannot go on any longer you must at some point make good on your promises!
I would recommend that you stay away from these people

95 0 Reply

May 07 #1155363

Who is Alex McGrory / Alec Maclaren ?
Alex McGrory has been running a number of personal investment schemes, targeting investors within the UK and overseas. He is known to have been active throughout Central and Eastern Europe, in Cyprus (where he maintains an office) and in the United States.
We have received information that he may also be active in Southern Spain, Hong Kong and the UAE.
We believe that he is currently living in Javea, Southern Spain. He has changed his name to Alec MacLaren in the past few years.
Alexander James McGrory/ Alec MacLaren is 44 (DOB 27-8-70), balding, and around 5'5" tall.

98 0 Reply

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