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Showing posts from October, 2025

Global Stem-Cell Scandals: The Growing Empire of False Hope

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  Global Stem-Cell Scandals: The Growing Empire of False Hope By Steven Millard — Investigations into Stem-Cell Tourism & Medical Fraud Across the world, a multi-million-pound industry is cashing in on one of medicine’s greatest promises — and its most exploited hope. From London to Florida, clinics are selling so-called “miracle” stem-cell treatments that claim to cure everything from arthritis and paralysis to Parkinson’s and autism. The reality, however, is that most of these procedures have no scientific basis, no regulatory approval, and no genuine medical oversight. Our investigation into  Wellbeing International Foundation Ltd , a UK-registered company presenting itself as a global leader in regenerative medicine, found the same pattern repeating across continents: ambitious science distorted into a glossy sales pitch — a business model built on medical illusion. Hope for Sale Recent reports from  The Guardian  exposed UK firms marketing the storage of chi...

Who Is Dr Stephen Ray? The Elusive Scientist Behind Wellbeing International’s Stem Cell Claims

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  ? The Elusive Scientist Behind Wellbeing International’s Stem Cell Claims By Steven Millard, Investigative Journalist When  Wellbeing International Foundation Ltd  introduced its senior scientific consultant as  Dr Stephen Ray PhD , the title carried instant authority. On the company’s website, Ray is described as a neuroscience and cell-therapy expert — a man whose experience supposedly bridges medical research and regenerative innovation. But in an industry already rife with exaggerated credentials and pseudoscientific marketing, such titles demand scrutiny. Our investigation set out to verify who “Dr Stephen Ray” really is — and what we found raises more questions than it answers. A Name That Appears in Many Places Our team located several individuals bearing the name  Stephen Ray , each with impressive-sounding medical or academic affiliations. The most visible one is a  Clinical Lecturer at the University of Oxford , specialising in  paediatric ...

The Great Stem Cell Mirage: Inside Wellbeing International Foundation Ltd

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🧬  The Great Stem Cell Mirage: Inside Wellbeing International Foundation Ltd By Steven Millard, Investigative Journalist When we first stumbled across the  Wellbeing International Foundation Ltd  website, it looked like so many others promising the medical miracles of tomorrow. The design was clumsy, the grammar questionable, but the promises were bold: stem cell rejuvenation, organ repair, brain restoration — all within reach for those willing to pay. Curiosity became investigation. What began as an innocent inquiry into a potential regenerative therapy provider quickly unravelled into a worrying portrait of an operation trading on hope, hype, and a haze of pseudoscience. The Consultation That Wasn’t What It Seemed Posing as a potential client, we contacted the company seeking treatment. Within hours, a coordinator replied enthusiastically, inviting us to a face-to-face consultation in London. The email spoke of  “bespoke medical plans”  and  “clinically ...

Questions of Trust in the Wellness Industry

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  Questions of Trust in the Wellness Industry By Steven Millard This week’s court proceedings closed a long-running chapter for Andrew Chancellor the biotechnology executive who now heads  Well Being International Foundation Ltd . After years of allegations surrounding the use of company finances in a previous venture, a jury returned a  not-guilty verdict , bringing the case to an end. The acquittal followed a complex trial marked by missing doc umentation, disputed recollections, and evidence weakened by time. The outcome was fair in law — the burden of proof was not met — yet the testimony revealed deeper issues about governance, judgment, and the thin line between scientific ambition and financial accountability. A Verdict Without Vindication Inside the courtroom, witnesses spoke of informal authorisations, blurred expense categories, and verbal permissions that never made it into the paperwork. None of this met the standard of criminal proof, but it painted a picture...

From Courtroom to Clinic: When Corporate Ethics and Wellness Claims Collide

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  From Courtroom to Clinic: When Corporate Ethics and Wellness Claims Collide By Steven Millard This week’s courtroom proceedings in Oxford offered more than a verdict — they revealed the inner workings of a culture where personal ambition, science, and finance too easily blur together. The case centred on a former biotechnology executive (currently the head of Wellbeing International Foundation Ltd) accused of misusing company funds more than a decade ago. Although the jury ultimately returned a verdict of  not guilty , the testimony laid bare troubling patterns of behaviour that echoed far beyond the courtroom. Observers heard how internal controls were loosely applied, authorisations were given verbally rather than recorded, and company accounts sometimes served purposes well outside their stated remit. Nothing in the evidence proved criminal intent — but the portrait that emerged was one of  informality, blurred accountability, and questionable judgment . It is these ...

Courtroom Reflections: Lessons in Leadership, Integrity, and the Shadow of Corporate Ethics

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  Courtroom Reflections: Lessons in Leadership, Integrity, and the Shadow of Corporate Ethics. Steven Millard - Independent Investigative Journalist. Oxford Crown Court —  After several days of testimony, cross-examinations, and legal argument, the jury this week returned a  not-guilty verdict  in the long-running case concerning the former CEO of a UK biotechnology company, and now CEO of Wellbeing International Foundation Ltd. The proceedings stretched deep into complex issues of finance, governance, and personal accountability. Observing the trial firsthand offered an intimate view of how fragile the boundary can be between corporate authority and ethical responsibility. Although the jury concluded that the prosecution failed to prove misuse of company funds beyond reasonable doubt, the testimony illuminated the challenges of oversight within start-up science firms, where personal trust often substitutes for robust compliance. It was clear that blurred lines in fi...

Courtroom Report: Ex-CEO Asserts He Had Authority to Use Company Account for School Fees

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  Oxford Crown Court —  A stillness fell over the courtroom as the former CEO took the stand again. The air was charged: today’s testimony could be a turning point. The CEO sat in the witness box, adjusting his collar, his eyes flicking toward counsel and then to the jury, ready to confront the allegations head-on. He opened by stating plainly that he  did have permission  to draw on a company bank account to settle private school fees in Oxford—for his children. He asserted this was not rogue behavior but part of a sanctioned financial arrangement, allegedly known to board members and documented in internal records. Key Testimony & Cross-Examination When questioned whether approvals had been formally given, he replied yes, stating that internal meeting minutes, email chains, and corporate governance documents backed his claim. He maintained that the payments—though benefiting private schooling—were  within the scope  of what he understood to be authori...

Courtroom Report: Ex-CEO Accused of Using Company Funds to Pay for Oxford School Fees

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  Oxford Crown Court —  The air in the courtroom today was electric, a hush settling as the former chief executive entered the witness box. Seated in front of the the judge, the jury, and a bank of legal teams, he faced allegations that he had diverted company funds — meant for stem cell research — to pay thousands of pounds in private school fees in Oxford. The prosecution laid out its case forcefully: that the ex-CEO had treated a company bank account almost as a personal fund, authorising payments to a leading Oxford school for his children’s education. The defense, by contrast, insists those payments were permitted and properly documented. Key Testimony: Permission, Documentation, and Justification From the moment he began speaking, the ex-CEO adopted a measured, almost rehearsed tone. He claimed that  yes , he used company funds to pay for school fees, but that he did so with  explicit permission  and in line with internal approval processes. He told the ju...

Courtroom Report: Scientist Denies Awareness of UK Account Linked to Ex-CEO

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  Courtroom Report: Scientist Denies Awareness of UK Account Linked to Ex-CEO Oxford Crown Court —  The courtroom was hushed as the scientist, clad in a somber dark suit and thin-framed glasses, took the stand today. Before him sat the jury, the judge, the defense team, and onlookers pressed behind the public gallery barrier. The proceedings that followed unfolded like a tightly choreographed drama of allegation, denial, and probing cross-examination. At issue: a UK bank account purportedly tied to the company led by the former CEO, alleged to have been used for expenses including school fees. The defense contends it was set up independently; the prosecution argues it was intimately connected to the company’s operations. On the Stand: Denial Under Oath Under oath, the scientist was firm: he “categorically denied any knowledge” of the UK bank account. He testified that he had no awareness of its existence, nor any involvement in its setup or funding. When asked whether he had e...

Oxford Bioscience Boss, 59, Faces Fraud Allegations Over Company Funds

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  Senior executive accused of diverting money from pioneering biotech firm A 59-year-old boss of an Oxford-based bioscience company has been accused of  pocketing company funds  in a case that raises fresh questions about accountability in the fast-moving world of regenerative medicine. The executive, who cannot be named here until trial confirmation, allegedly diverted thousands of pounds from the company’s accounts into personal or undisclosed channels. Prosecutors claim the transfers breached his fiduciary duty and were carried out without proper authorisation. Court proceedings The case was heard at  Oxford Crown Court , where the accused entered a  not guilty plea  to charges of fraud and misappropriation. The prosecution alleges that company accounts were used to cover personal expenses and unapproved payments, leaving investors and colleagues in the dark. The defense maintains the transactions were legitimate business expenses, tied to consultancy ar...

Investigative Profile: Dr Andrew McCombe and His Role in Wellbeing International Foundation

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  Introduction The newly redesigned website of  Wellbeing International Foundation  introduces  Dr Andrew McCombe, MD  as its  Medical Director . The site claims he qualified in Edinburgh in 1985, worked for two decades as a Consultant ENT Surgeon at Frimley Park Hospital in the UK, later held senior roles at Mediclinic City Hospital in Dubai, and returned to the UK in 2025. Our investigation confirms some elements of this biography through independent sources. But other claims remain unverified — and his association with a controversial exosome therapy company raises questions about transparency, oversight, and potential reputational risks. Verifiable Career Record Frimley Park Hospital, UK: Local press reports from 2016 confirm that a consultant ENT surgeon,  Dr Andrew McCombe , left Frimley Park after 20 years to take up a post in Dubai. ([Farnham Herald, 2016]) Mediclinic City Hospital, Dubai: The official  Mediclinic Middle East  website...

New Website - New Fraud? Wellbeing International Foundation Ltd Updates More Than Just Its Website.

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  Inside Wellbeing International Foundation’s “cell-free therapy”: claims vs. facts Scope & method.  On 3 Oct 2025, we reviewed Wellbeing International Foundation’s website and satellite pages, then cross-checked key assertions with regulators, consensus guidelines, and the scientific literature. Sources are cited inline. What the New Website Promises A “revolutionary” cell-free therapy  derived from your own blood: draw 150 ml, extract and “stress” cells to release “massive quantities of exosomes and healing signals,” yielding ~10 treatments. The site says this  removes risks of traditional stem-cell therapy , “ can cross the blood–brain barrier ,” and that  animal studies show healing is accelerated “by up to 30%.”  It also lists serious conditions (Parkinson’s, MS), sports injuries, “longevity,” and showcases NFL names in testimonials. Locations span dozens of US and EU cities; the footer address is  Williams House, 20 Reid St, Hamilton HM11, B...