REVIEW OF LOTTO BILLIONS

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The Myth of “Successful” Businesses: Andrew Collinge Exposed

Parody picture of Andrew Collinge dressed as Fred Scuttle

Lotto Billions’ latest attempt at image rehabilitation has led them to enlist David Grant’s reputational management firm. One of their first moves? Scrapping the ill-conceived “Meet the Team” blog series. Given the content of the initial posts, this decision seems long overdue.

A closer look reveals that behind the claims contained within the post, lies a far less impressive reality:

  1. Telecommunications “Expertise”: Collinge’s experience stems from his time at Fly Phone and WileyFox, both led by Nooreddin Valimahomed. These ventures ended in spectacular failure, with Valimahomed facing legal action in London’s High Court over allegations of securing £9 million in funding under false pretences.
  2. “Successful” Businesses?: Contrary to claims of Collinge’s “knack for creating successful businesses,” it’s challenging to find a single company under his management that hasn’t met a disastrous end. His track record includes:
  3. Multiple failed “Magpie Finance Limited” companies, which were instrumental role in the collapse of Cadbury Russia Limited, another Valimahomed venture
  4. Numerous other defunct companies listed under his name in official records.
  • Industry “Understanding”: The blog post touted Collinge’s “deep understanding of the [lottery] industry.” Yet, his actions suggest otherwise. The company brazenly markets lottery tickets in Nigeria without mentioning the crucial Remote Operator Permit required by Nigerian authorities. This oversight demonstrates either a lack of industry knowledge or a blatant disregard for legal compliance.
  • “Strategic Vision” and “Operational Expertise”: Given the trail of failed businesses and legal troubles in Collinge’s wake, these claims ring hollow. His actual expertise seems to lie in driving companies into the ground rather than steering them toward success.
  • “Proven Track Record”: The only thing Collinge has consistently proven is his ability to be associated with business failures and questionable practices.

As Lotto Billions continues its expansion into markets like Nigeria, one can only wonder how long it will take for Collinge’s “expertise” to lead this venture down the same path as his previous business disasters. For now, it seems the only thing truly flourishing under Collinge’s leadership is a web of questionable business practices and regulatory oversights.




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